Wednesday, August 01, 2007
In this show. . .
Congress acts on undervalued Yuan
The Senate passed a bill that would make it easier to label China as a currency manipulator. Jill Barshay reports the Bush Administration isn't pleased with the China currency bills floating around.
British Airways fined for price-fixing
British Airways has been fined for colluding with rival Virgin Atlantic to fix the price of tickets. The carriers had secretly agreed to increase their fuel surcharges by the same amount. Stephen Beard reports.
Solving the mystery of rising oil prices
Oil prices were at an all-time intra-day high of almost $80 a barrel today -- shooting up from just six weeks ago, when prices were in the mid-60s. Stacey Vanek-Smith looks into why.
Demystifying business in China
Westerners setting up shop in China will have their perceptions, but doing business there may be different than they expect. Shanghai bureau chief Scott Tong talks to Kai Ryssdal about what he's learned.
Florida beginning to insure itself
Florida was already in the middle of its most intense hurricane season when Katrina hit. When private insurers backed away from the state's market, government-backed insurance stepped in. Dan Grech reports.
If you can't fix a problem, make it bigger
A government health insurance program for children known as SCHIP has a fair amount of bipartisan support, but commentator David Frum says the program doesn't extend coverage where it's most needed.
Dark tales from the Street
Who says crime fiction and the stock market don't mix? Amy Scott pours over a new collection of noir stories from Wall Street coming out this summer.
Kai Ryssdal's final note . . .
You might recall a month or so ago the Vatican issued the 10 commandments of driving. Well, Italian Prime Minister Romano Prodi knows a good thing when he sees it. Prodi wants the church to release a new set of edicts on money. Commandment number one? Thou shall not steal from the state.
Prodi says a third of Italians heavily evade taxes and he'd like the church to do something about it. His suggestion is more preaching from the pulpit about paying Caesar what is Caesar's. The Italian government estimates it loses more than $100 billion a year in unpaid taxes.
Marketplace Datebook for Thursday, August 2, 2007
- In Washington, the Commerce Department reports on factory orders for June.
- Secretary of State Condoleezza Rice is scheduled to meet with Palestinian leaders in Ramallah before returning to Washington.
- And the House Budget Committee looks ahead to the long-term effects of hurricanes Katrina and Rita on the federal budget.
Most popular stories online
sponsor
Music From This Show
Marketplace Confessional
"I disagree with Diana Nyad, who told Bob Moon today that Americans are not interested in Wimbledon because there are so few Americans playing. I love watching tennis, no matter who is playing. I have watched tennis for years, but the networks toy with us, creating drama rather than showing the match. Oftentimes, televised matches end precisely when the allotted time expires, even if they have to cut and splice. When they don't, as happened in a Nadal match last weekend, we were left hanging at the end of two sets, as NBC switched to women's golf. I don't have cable TV, so I couldn't switch to MSNBC as was suggested. It's enough to make me turn off the TV and read about the matches online."
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
sponsor
