Marketplace®

Daily business news and economic stories
  • A euro coin with the Spanish flag in the background. Spain's debt costs are rising and some fear the nation may soon need a full-scale bailout. Sr. Producer Paddy Hirsch explains the big problem with Spain, using a housing analogy.
    Philippe Huguen/AFP/Getty Images

    Spain's debt costs are rising and some fear the nation may soon need a full-scale bailout. Sr. Producer Paddy Hirsch explains the big problem with Spain, using a housing analogy.

  • A bank run occurs when customers run down to the bank and demand their money back. So, why can't the bank just return the cash? Sr. Producer Paddy Hirsch explains using a human heart analogy.
    Daniel Roland/AFP/Getty Images

    A bank run occurs when customers run down to the bank and demand their money back. So, why can't the bank just return the cash? Sr. Producer Paddy Hirsch explains using a human heart analogy.

  • A Chase sign is viewed at the company's New York headquarters in New York City. Big bets on an obscure index lay at the heart of JPMorgan's losses this week. Sr. Producer Paddy Hirsch explains how an index of CDS works.
    Spencer Platt/Getty Images

    Big bets on an obscure index lay at the heart of JPMorgan's losses this week. Sr. Producer Paddy Hirsch explains how an index of CDS works.

  • Surely you've heard the term assets -- they can be toxic, liquid, or tangible. Sr. Producer Paddy Hirsch explains what the word “assets” really means.
    iStockPhoto

    Surely you've heard the term assets — they can be toxic, liquid, or tangible. Sr. Producer Paddy Hirsch explains what the word “assets” really means.

  • How to start investing for retirement in your 50s
    iStockphoto

    In our weekly letters segment, CBS MoneyWatch Editor-at-Large Jill Schlesinger discusses retirement investing strategies for late-starters.

  • Seventeen banks have failed so far this year, but their customers can rest easy -- thanks to the Federal Deposit Insurance Corporation, as Sr. Producer Paddy Hirsch explains.
    Karen Bleier/AFP/Getty Images

    Seventeen banks have failed so far this year, but their customers can rest easy — thanks to the Federal Deposit Insurance Corporation, as Sr. Producer Paddy Hirsch explains.

  • Shadow banking: Still a threat

    Shadow banking has grown since the financial crisis. Sr. Producer Paddy Hirsch casts a light on the system and explains why it's so dangerous.

  • Sr. Producer Paddy Hirsch explains the responsibilities of a fiduciary by using a bus metaphor.
    Angela Kim/Marketplace

    Sr. Producer Paddy Hirsch explains the responsibilities of a fiduciary with a taxi metaphor.

  • Lawmakers are considering yet another bill to ban insider trading. But the term "insider trading" seems open to interpretation. Senior Producer Paddy Hirsch helps us understand what it is and why it's a big deal.
    Angela Kim/Marketplace

    Lawmakers are considering yet another bill to ban insider trading. But the term "insider trading" seems open to interpretation. Senior Producer Paddy Hirsch helps us understand what it is and why it's a big deal.

  • Prop trading, as it’s called on Wall Street, is the target of the Volcker Rule, a centerpiece of the Dodd-Frank financial reform act. Marketplace’s Paddy Hirsch explains what proprietary trading is, and why it’s potentially dangerous for our savings and the financial system.
    Angela Kim/Marketplace

    Prop trading, as it’s called on Wall Street, is the target of the Volcker Rule, a centerpiece of the Dodd-Frank financial reform act. Marketplace’s Paddy Hirsch explains what proprietary trading is, and why it’s potentially dangerous for our savings and the financial system.

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