Mid-day Update

PODCAST: Obama announces a new non-profit

David Brancaccio May 4, 2015
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Mid-day Update

PODCAST: Obama announces a new non-profit

David Brancaccio May 4, 2015
HTML EMBED:
COPY

Airing on Monday, May 4, 2015: Back in March, just 126-thousand jobs were added to payrolls. But what about April? For that we consult Drew Matus, senior US economist at UBS Securities. Next, President Obama is scheduled to announce not a new government agency but a new non-profit today. It’s an extension of the “My Brother’s Keeper Initiative” the President started last year to help minority young people stay in school, do well, and graduate readt for college. And the new organization might be a sign of what the president has planned for his future. The price of crude oil is up from its lows of the last year, but at $59 a barrel this morning, that still about half what it was 11 months ago. This is great for consumers of oil, drivers, businesses and beyond.  But it’s a challenge for many who work in the oil industry, including what are called “landmen,” people paid by oil companies to get rights to drill. We check in with one land person in Eddy County, New Mexico. 

 

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