Marketplace for Wednesday, February 13, 2013
Ten states raised their minimum wage this year. Now, President Obama wants to increase it nationwide. Commentator Robert Reich says the federal government needs to separate investments in the economy from discretionary spending. Meanwhile, the European Union and the U.S. plan to work on what would be a gigantic trade agreement, but an equally large cultural clash threatens to quickly dash hopes of a deal. Intel says it will sell TVs directly to consumers this year. We hear about a program in Chicago giving out rent vouchers so people can move into neighborhoods with better economic opportunities. And The New York Times' David Leonhardt talks about his new e-book, the economy and the president's State of the Union address.