Tuesday, August 14, 2007
In this show. . .
'Made in China' gets recalled again
Nine million Mattel toys imported from China have been pulled from shelves. They've either got magnets kids could swallow or they're coated with lead paint. John Dimsdale reports on the latest addition to consumer anxiety over Chinese-made products.
Amid 'panic,' what's a portfolio worth?
Another investment group said today it won't let investors redeem shares until it figures out exactly what the price on those shares should be. Steven Miller of Standard & Poors explains why the value is now hard to determine.
Nasdaq opens a new Portal
Nasdaq is launching a new market with about 500 companies listed. But before you rush out to make your first trades, Amy Scott has some caveats to report.
Credit crunch like bursting bubble
You didn't have to be Warren Buffet to know that giving people loans for houses they couldn't afford might come back to bite the economy. And, as Lisa Napoli reports, we all really should have known better this time around.
Beach reads: 'The Pentagon's New Map'
Engineering professor Bill Hammack says Thomas Barnett's book is a perfect confection of bite-sized ideas about our global economy to nibble between dips.
Feds open way to NYC congestion tax
The federal government has offered New York City $354 million to pay for Mayor Bloomberg's proposal to charge a fee for vehicles entering the busiest areas of Manhattan. The mayor says it will be good for the economy. Bob Moon reports.
Seeking health-care help across borders
Nevada Gov. Jim Gibbons has been in Mexico, meeting with officials on health care -- how to pay for it when Mexicans working in America need medical care. Dan Grech reports.
Big stars not working in concert with fans
In Europe this summer, some of the biggest names in music have been having a rough time filling seats. Stephen Beard reports.
Kai Ryssdal's final note . . .
At a time when the stock markets have had more than their share of troubles. . . . If you thought the IPO market had tanked along with subprimes, check out ticker symbol VMW on the New York Stock Exchange.
VMWare makes virtualization software, stuff that can mimick hard drives and more expensive mainframes. And so it can let IT departments cut way down on expenses. VMWare is the hottest IPO of the year so far. Shares shot up 76 percent today.
Marketplace datebook for Wednesday, August 15, 2007
- In Washington, the Federal Reserve reports on industrial production for July.
- Visitors to the Thomas Jefferson Memorial get a pop quiz on presidential history. Correct answers will be rewarded with the newly minted Thomas Jefferson $1 coin.
- And fans gather at the gates of Graceland to commemorate the 30th anniversary of Elvis Presley's death.
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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
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