Marketplace®

Daily business news and economic stories
Apr 17, 2015

Marketplace Morning Report for Friday, April 17, 2015

Airing on Friday, April 17, 2015: With support from the Obama Administration, lawmakers in Congress have introduced a bill to streamline approval of a sweeping trade treaty. The Trans-Pacific Partnership is advertised as liberalizing trade with the US and Canada, Mexico and Chile on this side of the ocean and Japan, Australia, New Zealand, Malaysia, and Singapore on the other. Trans-Pacific negotiations have been proceeding in secret. Next, the promise of America has always been the chance to move up, regardless of where you come from. While statistics show that too often the circumstances of parents dictate the later circumstances of their children, the goal of economic mobility remains an crucial one. And one of the things that stands out as really helpful for mobility is called “social capital.” 

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Airing on Friday, April 17, 2015: With support from the Obama Administration, lawmakers in Congress have introduced a bill to streamline approval of a sweeping trade treaty. The Trans-Pacific Partnership is advertised as liberalizing trade with the US and Canada, Mexico and Chile on this side of the ocean and Japan, Australia, New Zealand, Malaysia, and Singapore on the other. Trans-Pacific negotiations have been proceeding in secret. Next, the promise of America has always been the chance to move up, regardless of where you come from. While statistics show that too often the circumstances of parents dictate the later circumstances of their children, the goal of economic mobility remains an crucial one. And one of the things that stands out as really helpful for mobility is called “social capital.”