Thursday, August 30, 2007
In this show. . .
Will he or won't he talk interest rate cuts?
The financial world is waiting to see if Ben Bernanke will give any indication of a cut in interest rates at an annual monetary conference tomorrow. Tess Vigeland talks to Michael Sheldon of investment banking firm Spencer Clarke.
Iraqi task force targets contract fraud
The U.S. Army is launching a major investigation into fraud reports in all those private contracts awarded for military operations in Iraq. With 18,000 contracts in four years, they'll be plenty busy. John Dimsdale reports.
Not all YouTube providers content
Today, YouTube announced a music-sharing agreement with thousands of U.K. songwriters who'll get paid if their music is used. But as Janet Babin reports, some say content providers should choose if they want to be on there in the first place.
Market troubles not just 'bad weather'
The market goes down, and then up and then back down again, and there's nothing we can do about it, right? Not according to commentator Amity Shlaes, who says unlike weather, crashes and recoveries aren't inevitable.
CNBC glitzes up for business-news war
Fox is launching its own business channel in mid-October, and CNBC is preparing for the competition by spicing up everything from graphics to programming. Amy Scott reports.
Now you're just bending your luck
With superstar David Beckham out of the game due to an injured right knee, will disappointed fans hurt Major League Soccer profits? Tess Vigeland talks to Sports Business Group founder David Carter about the potential losses.
No longer the 'Princess of Sales'
Tomorrow marks the 10th anniversary of the death of Princess Diana, Princess of Wales. But despite the major memorial event, interest in the Princess has waned — as have the profits that grew around her image. Stephen Beard reports.
Tess Vigeland's final note . . .
Apple aficionados, don't freak out yet. These are just rumors. But we can confirm that Apple CEO Steve Jobs met with Volkswagen chief Martin Winterkorn. And there's reportedly some talk of an iCar.
If you wearied of the press surrounding the iPhone's release, brace yourself — if these whisperings turn out to be true, there's no telling what might happen next. Anybody for an iDog? Maybe an iHouse? iVay.
Marketplace Datebook for Friday, August 31, 2007
- The Commerce Department reports on personal income and spending for July.
- Blue Planet Runners arrive in DC on day 92 of their global run to raise awareness of the need for safe drinking water around the world.
- And a service in London marks the 10-year anniversary of the death of Princess Diana.
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Music From This Show
Marketplace Confessional
"Will makes a great argument. The hostile reception, as indicated by the comments, should be unsurprising. If people actually understood how much immigration has historically benefited us then we wouldn't have the type of protectionist immigration laws we have. If the borders were opened one might see a drop in wages, but considering there would be a correlative drop in prices, it's doubtful there would be an overall harm and most likely considerable benefit..."
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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