The mortgage industr more stagg. All that and more on nightly Business Report for wednesday, august 30th. Good evening and welcome. Tyler is off this week. The economy rebounded sharply this spring lackluster growth in the First Quarter. It was led by spending on automobiles. Gross domestic product grew a full 3 in the Second Quarter and that i quarter of 2015. Steve liesman has more. Theres some excitement t st path after twoodays upward y forecast for this quarter. Second quarter gdp revised up to 3 . The best showing since the First Quarter of 2015. Consumers spent more than reported and businesses invested more. Cnbcs tracking of Third Quarter growth has estimates run ining a healthy 2. 8 p clip on average so far. We received better than expected jobs data today. The adp estimates 237,000 created in august. Thats better than the 179,000 the street expects in fridays payroll report. Of course, the impact of Hurricane Harvey and its the reason one economist cited for not raising his
For more than a week now they have been falling. Chinas been so effective the World Health Organization says its now safe to get hello to you. The economy going again. Yes, the movie producer Harvey Weinstein once one of the most welcome news on this farm. Powerful men in hollywood is injail in new york, facing the possibility of 25 years in prison. With the roads all blocked, in a case that sparked the metoo movement, he was found guilty of rape of course its brought sales and a criminal sexual act. Down, wei hongkun tells me. He was cleared of 2 counts if chinas control of information helped start of predatory Sexual Assault, the crisis, its control and first degree rape. Over its people might help solve it. Hell be sentenced in 2 weeks, john sudworth, although his defence team have already lodged an appeal. Nick bryant is in new york. Bbc news, beijing. Harvey weinstein entered court to face his legal reckoning. Guilty already in the court of and some figures just in. Global opinion
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Is there bias in how workers’ comp approaches innovation? An old riddle may shed some light on how pre-conceptions may be keeping the industry from better outcomes and reduced claim costs. “A father and his son are in a terrible car accident. The father dies on the way to the hospital. The boy survives and