Wednesday, July 18, 2007
In this show. . .
Bernanke cites concerns with economy
Fed chief Ben Bernanke told Congress today that core inflation shows signs of increasing, the Gross Domestic Product isn't looking so hot and, oh yes, there's that subprime mortgage thing.
Moody's hurt by its tougher rules
The investment rating service has made it harder for mortgage-backed bonds to get its top rating. As a result, it says it's now losing business. Jill Barshay reports.
Changes vowed in pitching food to kids
The Federal Trade Commission heard today from food companies that market to children. And the mere mention of government regulation prompted those companies to crack down on themselves. Janet Babin reports.
Africa trade deal helps Chinese firms
U.S. and African trade officials are reviewing a deal intended to improve markets for goods made in sub-Saharan Africa. Its unintended effect? Creating opportunity for Chinese firms. Gretchen Wilson reports.
Suit maker finds a good fit in U.S.
Hickey Freeman has been making men's suits for more than a century. The American company refuses to outsource production, but it still has had to make unconventional changes. Daniel Weiss reports.
What exactly do unions do?
Commentator David Frum says that in the long-running battle over unions we've forgotten whether they're relevant.
'Mad Men' explores advertising's heyday
Kai Ryssdal talks with Matt Weiner, creator of "Mad Men," a new TV show set in the 1960s advertising world of New York's Madison Avenue.
Kai Ryssdal's final note . . .
Ronco, maker of the Veg-o-matic and the Popeil pasta maker, filed for bankruptcy protection a few weeks ago. But take heart, infomercial viewers of the future. Ronco has just found a buyer. And yes, it's a private equity group. Sale price is about $6 million.Marketplace datebook for Thursday, July 19, 2007
- In New York, the Conference Board reports its monthly index of leading economic indicators.
- Federal Reserve Chairman Ben Bernanke presents the semi-annual monetary policy report to the Senate Banking, Housing and Urban Affairs Committee.
- And nominations for the 59th annual Primetime Emmy Awards are announced in Los Angeles.
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Music From This Show
Web Surfer: Items mentioned on air
- Marketplace Money:
- Personal Finance Bloggers: Links to some of Tess Vigeland's favorites.
- Estate Planning: Listen to, download or get the podcast of our series on preparing for the end.
- Getting Personal: Ask Chris a question
- Marketplace:
- Hot Jobs: Our weekly series on people's summer jobs around the nation.
- In the military? Tell us about your financial struggles.
Marketplace Confessional
"We tend to forget that debt is another form of slavery. So, they are selling our debt to others? Hmmm, what happens if we can't pay? Hmmm, our credibility starts to wane. Why the heck, if we are to be seen as leaders in this vast world, would another country listen to us? Get ready people -- the beastly game is in full effect. Remember how back in the day, the mob would extend debt to those who couldn't get it? Remember? What happens if that person couldn't pay up? Good luck, Fannie and Freddie! . . . "
Your Host
Kai Ryssdal took the reins as host of Marketplace in August 2005 after hosting the Marketplace Morning Report for more than four years. Before joining Marketplace, Kai was … Full bio
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