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Transcripts for BBCNEWS World Business Report 20240604 13:35:00

rival had a trickier time but some of that could be contributed to controversy over its pride month merchandise. but even then these are strong profit margins. what we are learning is although the consumer is turning away from big ticket items, furniture or other things, they are still spending, furniture or other things, they are stillspending, helped furniture or other things, they are still spending, helped by what has been a relatively strong labour markets, gains in wages, particularly for lower income workers. that has helped the consumer keep up that pace of spending and that matters because they account for two thirds of our economic activity, which is why so much focus this week on what americans are shopping and what they are spending. also americans are shopping and what they are spending- are spending. also interesting on what the impact are spending. also interesting on what the impact they are spending. also interesting on what the impact they have - are spending. al

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Transcripts for CNN CNN This Morning Weekend 20240604 12:33:00

the workplace and what is the role of dads in house hold and how do you combat some of those outdated notions that dads shouldn t step up and do their part. reporter: the u.s. and panua, new guinea and a handful of island nations are the only ones that do not guarantee paid family leave. family and medical leave act became law in the u.s. 30 years ago but it does not guaranteed paid job protected leave for workers. today only one in four workers in the u.s. has access to paid family leave and lower income workers are not surprisingly hit the hardest. the congressional dad s caucus has 30 democratic members include rashida tlaib and failed to gain support in the house. i ve written more bills, not by compromising values but trying to find common ground and if there is one area of common ground that should exist, it is about caring about her kids and

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Transcripts for CNN CNN Newsroom With Fredricka Whitfield 20240604 20:35:00

family leave. the family and medical leave act became law in the u.s. 30 years ago but does not guaranteed paid job protected leave for workers. today only one in four workers in the u.s. has access to paid family leave and lower income workers are not surprisingly hit the hardest. the caucus now has 30 democratic members include congresswoman rashida tlaib. i ve written more bills with republicans than any democrat in the country, not by compromising values but by finding common ground and if there is one area of common ground that should exist and it is caring about our kids an our families. republicans have long opposed a government-funded paid leave program. and republicans tend to favor tax credits an policies that will not increase spending. one republican criticized the dad s caucus saying, quote, father s care about keeping their kids safe, they care about putting food on the table for the families and keeping a roof

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Transcripts for CNN The Lead With Jake Tapper 20240604 20:57:00

n notions that dads shouldn t play their part. reporter: family and medical leave act became law in the u.s. 30 years ago. it does not guarantee paid job-protected leave for workers. only 1 in 4 workers in the u.s. has access to paid family leave and lower income workers are hit the hardest. the congressional dad s caucus has 20 members, but it s failed to gain bipartisan support in the house. i m trying to find common ground and if there s one area of common ground that should exist, it s caring about our kids and families. reporter: republicans have long opposed a government-funded paid leave program. republicans tend to favor tax credits in policies that will not increase spending. one republican criticized the dads caucus saying fathers care

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Transcripts for CNN CNN Newsroom 20240604 13:47:00

but but but interestingly even as consumer spending has remained strong, and you ve seen sort of consumer confidence, strong, these numbers the job market, etcetera. why why the disconnect? and then i wonder what happens when those numbers when the economy does actually slow, right? even more significantly, where this all goes from here. right there has been sort of a puzzle about why we have had this red hot labor market and yet sort of icy cold consumer sentiment, particularly among lower income workers, who are seeing the biggest wage increases depending what media you consume. i think you get a very different partisan take on how to explain that either. the economy is obviously great, and anybody who says otherwise has been brainwashed by republicans or fox news or whatever, or the economy is obviously terrible, and democrats are deluding themselves into thinking that it s good for low wage workers, in particular, given these inflationary trends. so what i

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