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Transcripts For CNBC Closing Bell 20171205

Regional bank bb mpdbb t kelly will join us. Toll brothers, shares down 8 , and some provisions in the tax bill that could make it tough going for the housing sector well explain. By the way, tomorrow lululemon reports earnings that stock has been up 25 over the last six months. Big comeback there we have a debate on whether that rally can power higher into year end. But we start with the breaking news out of washington today. Plenty of it, again. Kayla tausche has details fo kayla . Reporter bill, we learned nearly 40 House Republicans signed on to a letter drafted to be sent tomorrow to republican leadership, including the Senate Majority leader Mitch Mcconnell and Speaker Paul Ryan as well as senator orrin hatch and congressman kevin brady that requests the removal of this first in first out provision its a controversial proposal that has remained in the Senate Version of the tax plan that essentially requires investors to sell older stock first. It would raise about 2. 5 billion ov

Transcripts For KQED Nightly Business Report 20171206

Most optimistic theyve been in almost six years. Together these ceos lead more than 16 million employees, generate more than 7 trillion in annual revenues, and can impact investment, wages, and hiring decisions. The Business Roundtable Quarterly Survey shows that their outlook for sales and Capital Spending has improved. But despite the optimism, hiring plans eased and rising wages were cited as a top cost pressure. Our guest joins us to talk about u. S. Ceos optimistic view is echoed by him. Good to have you with us. Are you as optimistic as these ceos seem to be . Im optimistic right now. We all have the holiday spirit. Were feeling pretty good. What is it that makes you feel good as we head into 2018 . Is it tax cuts . Is it the progrowth agenda of the administration and congress . Is it just corporate profits rising . What . I think right now, you know, we have equity markets, which obviously are at near all time highs and feeling pretty good. We got tax cuts on the horizon. Were s

Interest in ag is growing, but it s not easy to become a farmer

Student membership in the agriculture organization FFA is at an all-time high, yet the average age of farmers is rising and there are fewer farms in the U.S. than ever before. What do these shifting populations say about the future of agriculture?

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