Marketplace Morning Report for Thursday, November 7, 2013
Other than an elite few, not many people are permitted to buy stock in a Chinese company on the Chinese stock market. But that might change soon. This week, the Obama administration kicked off a series of public forums to talk about a proposed new rating system for colleges. The plan is light on details so far, but the broad brush idea is to grade colleges on criteria like value and affordability -- with the hope of forcing colleges to a better job. And, the times are changing for debt collectors. The federal consumer watchdog agency this week put the industry and consumers on alert that, by next year, there will new rules for how we get dunned.
Other than an elite few, not many people are permitted to buy stock in a Chinese company on the Chinese stock market. But that might change soon. This week, the Obama administration kicked off a series of public forums to talk about a proposed new rating system for colleges. The plan is light on details so far, but the broad brush idea is to grade colleges on criteria like value and affordability — with the hope of forcing colleges to a better job. And, the times are changing for debt collectors. The federal consumer watchdog agency this week put the industry and consumers on alert that, by next year, there will new rules for how we get dunned.