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Wednesday Evening, May 02, 2007

Smaller purchases are going on the card

MasterCard says its quarterly profits jumped 70% over this time last year. Cardholders used the plastic 16% more, spending $509 billion. What about that predicted slide in consumer spending? Lisa Napoli reports.

Feds change how they borrow . . . for now

The U.S. government announced it no longer needs the three-year Treasury note, because the budget deficit has improved. But some market watchers are already talking about the note's resurrection. Jeff Tyler reports.

Divvying up Delta shares

Having just emerged from bankruptcy, the new Delta Airlines begins life as a publicly traded company tomorrow. Our business correspondent Bob Moon sorts through the mechanics of a company getting out from under Chapter 11.

A different kind of paid internship

Internships have become so important for college students that many are willing to pay to get one. So maybe it was inevitable that entrepreneurs would see opportunity. Pat Loeb reports.

Wall Street's up, Main Street's down

The Dow, NASDAQ and the S&P 500 have been on quite a run recently. But commentator Robert Reich would like to point out that raw stock market numbers have little to do with the economy most of us live in.

Study: Foul calls are often black and white

A study has found that white NBA referees call more fouls on black players, and black refs call more on white players. Allan Schwarz of The New York Times wrote a story about it. He talks with Kai Ryssdal.

China's new Idol: 'Happy Boys'

China's government is cracking down on one of the nation's most successful television programs, an "American Idol"-style talent show. But the new formula may still spell profits for the sponsors. Donna Renae reports.

MUSIC FROM THIS SHOW

She Made It
Matty P

Summertime: UFO Remix
Sarah Vaughan

High Noon
Juno w/ DJ Shadow

The World's Gone Mad
Handsome Boy Modeling School
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DOW 0.11 DOW
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NASDAQ -0.36 NASDAQ
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Standard and Poors 500 0.25 S & P
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