We have all that and more tonight on nightly Business Report for thursday, january 23rd. Good evening and welcome. Stocks had one of their roughest days in months today. They fell sharply and broadly on some lackluster earnings reports. But the real catalyst today was china. Data showed its Manufacturing Sector contracted this month. That plus concerns over Credit Conditions there sent shiverers of worryabout around the globe and especially into the emerging markets. One prominent emerging markets fund lost 2. 5 . U. S. Economic data out today was pretty good. First time jobless claims are roughly back to prerecession levels. Sales of existing homes rose 1 in december, enough to lift overall sales in 2013 to the highest level in seven years. But neither those reports nor a stunning 16 surge in netflix shares after yesterdays blowout earnings could turn the tide on wall street today. The dow ended well off the lows of the session but still off a big 176 points, a 1 decline, even though
We have all that and more tonight on nightly Business Report for thursday, january 23rd. Good evening and welcome. Stocks had one of their roughest days in months today. They fell sharply and broadly on some lackluster earnings reports. But the real catalyst today was china. Data showed its Manufacturing Sector contracted this month. That plus concerns over Credit Conditions there sent shiverers of worryabout around the globe and especially into the emerging markets. One prominent emerging markets fund lost 2. 5 . U. S. Economic data out today was pretty good. First time jobless claims are roughly back to prerecession levels. Sales of existing homes rose 1 in december, enough to lift overall sales in 2013 to the highest level in seven years. But neither those reports nor a stunning 16 surge in netflix shares after yesterdays blowout earnings could turn the tide on wall street today. The dow ended well off the lows of the session but still off a big 176 points, a 1 decline, even though
But almost invisible element in our economic wellbeing, something we take for granted until it slows down. That happened in the 1970s. We had a blizzard of suggestions for dealing with productivity. How do we get more for less . With the help of analyst richard gill, well examine that question on economics usa. Im david schoumacher. Captioning made possible by the Annenberg Cpb project economists see the world in terms of supply and demand. Put simply, demand is the appetite to consume. Supply is the ability to produce. Productivity holds the supply side together. As long as productivity continues to improve, our standard of living continues to improve. This is the classic widget factory. This machine will put the stick in a deodorant tube. It if works, well have more deodorant and fewer hours of work putting tubes together. Thats productivity. American productivity has been an economic marvel of the industrial age. But by the late 1970s, our rate of productivity growth had slumped ala
Knows doing so is good for businesses as well as families. Herb has been a leader in recognizing [applause]. Herb has been a leader in recognizing the Public Policies like the fmla and new jerseys paid Family Leave Insurance Program creates standards of Mutual Respect between employers and employees. I am incredibly thankful to people like herb, the National Partnership and a growing nationwide coalition that are working to expand leave policies. On behalf of the million of women and families who have been able to care for a newborn, a loved one or even themselves knowing that their job was secure because of fmla, thank you. Thank you to congresswoman pelosi for your tireless work to help women and families not only hold down jobs but careers while caring for their fames. Again, thank you for allowing me to share my story with you. Thank you. [applause] hello, everybody. Im just delighted to be here with our wiffle speakers, my colleague and all of you here and especially the children
We did. In portland. I think i used all of my time. I thank the gentle lady. It is good to have mayor castro here from san antonio. San antonio is like my own hometown, corpus christi. You have a pretty good basketball team. I wanted to visit with you a little bit. I really do sympathize. We have a big problem. I think we all agree that our immigration system is broken. We have a lot of cases at our office. My heart is broken by some of the family issues that i see. Also my heart is broken by the fact that many of these people who are in this country without copper documentation are basically an underclass and are not afforded the full protection of the law. Andoure here illegally you see a crime on the street, you are afraid to call the police for fear of you getting involved in it. Youre open to exportation by unscrupulous employers. It is a real problem. It needs to be addressed. I have spoken with a lot of republican colleagues. Some of them democratic colleagues. And a lot of folk