Gauge the economic impact. Two key quotes from the boston district. Restaurants from the berkshires, cape cod, the shore, experienced staffing shortages those historically relied on Seasonal Workers needing h2b visas. Labor shortage had negative effect on revenues in the high tourist summer season. Political situation is negative influence on hiring. Health care reform was singled out as a source of instability as job applicants seek employerbased coverage as the top job benefit. The headline here again, from the beige book, in spite of a tough labor market, the majority of districts reporting limited wage pressure and moderate to modest wage growth. This is a recurring issue that has been troubling members of the Federal Reserve several months. Back to you. Trish one of the questions i have, what about Hurricane Harvey, too early to gauge any sense whether or not the hurricane will play into much Overall Economic activity . Yes. Trish we know it will but reporter we heard from a membe
Andrew, i start with you. This is a bit interesting. This is a play out of reagans handbook. Importantly as you heard mark cuban say, he is keeping the deal going here. He is keeping it alive and he is working, believe it or not with the democrats. What do you say about that . I think it was a smart thing for him to do. First of all the republicans in congress have not really worked with him as they should. They really have failed to produce. So i think he wants to get things done. He needs to take care of people in texas. He needs to take care of people in florida. I think he struck a deal with chuck and pelosi. I think it was the right thing for him to do. Trish who thought it could be done, right, ford . I know. Everybody is like, what . Trish by the way, there is a lot of people that arent too happy about it. I would like for you to weigh, ford. Representative marcia blackburn, we spoke to her yesterday. She was pretty annoyed. She felt the harvey stuff should be kept totally separ
Under greater scrutiny by the public a little bit more so they are looking at some of those factors to get that position furthered in congress. Conversely is there an increase of lobbying efforts by amazon or google . Have we seen that . I do think that status quo is advantageous as opposed to the isp and that is why it Congress Needs to take the wheel on that neutrality to see as much of that coming from the tax side. So where are we with Net Neutrality . That is a good question. They have their proposed rule making it out with the final stage of that it is in the sec court right now and that hearing was postponed indefinitely. Subleased from my reporting there is a reluctance from the tech company to have the ceo on the hill even though the status quo is in their favor at the moment. Before the august recess they said we will have legislation with no real draft or compromise and to backhand his way to pressure a the democrats on legislation. That they could win more vague grass roots
Liz historic speech from President Trump ratcheting up a fiery debut speech at the u. N. A first for a u. S. President. Here is what he did. He said the u. S. Would totally destroy north korea in order to defend the u. S. And its allies from north koreas nukes. He called out venezuelas collapsed socialist dictatorship. He went after iran as a quote, murderous corrupt regime. He decried loser terrorists and blasted syria for its slaughter and more. Welcome to risk reward. Im elizabeth macdonald. The s p and nasdaq also ending the day in the green. Lets get back to the president at the u. N. A muscular defense of the trump doctrine. The sanctity and respect of each nations sovereignty and their individuals. He is promoting america as an example of freedom and democracy and respect for human rights but he warned u. N. Memberstates they risk being bystanders in history if they do not mobilize to confront gathering threats to peace and democracy. President trump called out the u. N. Bureauc
Weinstein, only after more actresses stepped up to say he harassed them, too. Gwyneth paltrow, angelina jolie, mira sorvino and more. Welcome to risk reward, im elizabeth macdonald. The socalled arbiters of American Culture, the ugly underside of both tonight. Fans expect movies and football to be an escape from all things political. Now at risk of getting sacked by millions of fans across the country. Both are at risk of fans leaving due to cord cutting and streaming. Hitting the ratings across the board. The nfl polling on protests almost universally terrible. Ticket sales and ratings slipping and sliding. Hollywood just saw its Worst Summer Box Office in 25 years. When the u. S. Is just getting out of recession. Fans value the moment of unity when we can put aside all of our agendas and come together simply as americans, thats what the nfl and hollywood are ignoring. People like to stand before the flags in unity. Sports fans want to cheer on teams and movie fans like the unity of e