Business investment companies did spend more on certain tangible items overall spending on equipment fell but within that spending on industrial equipment went up so did spending on the buildings that how s that equipment George perks as global macro strategist for Bespoke Investment Group they re both much firmer than back pay for manufacturing industry survey about the relatively hopeful on still business has spent less on new commercial buildings less on transportation equipment less on new hospitals it s a trend that reflects a broader shift in the u.s. Economy says Alex Crecy know it Manulife investment management might be factoring has become increasingly less important as a percentage of g.d.p. And the services sector which is supported by software has become increasingly important while today s g.d.p. Data found that business investment is shrinking the same report said spending on services is growing in New York and just in how for Marketplace we have talked before on the sho
Could be negotiated that increases pay and benefits Terry rouser ports the demonstration was the latest in a series of protests at the nation s airports to call attention to American Airlines the House Judiciary Committee opens its own impeachment hearings next Wednesday correspondent Linda Kenyon has the latest to share Committee chairman Jerry Nadler says the 1st hearing will hear from constitutional lawyers who will discuss constitutional law and how it applies to the facts in the case Congresswoman Madeline Dean is a member of the Judiciary Committee what judiciary has the opportunity to do is to inform everybody including the American people on exactly the constitutionality of the steps of impeachment for example what are high crimes and misdemeanors What did our founders intend president has there not withholding aid to pressure Ukraine to due to political favors for him the president insisted there was no quid pro quo although several witnesses have testified otherwise. Washing
Welcome friends to another edition of economic update a weekly program devoted to the economic dimensions of our lives jobs debts incomes our own and those of our children I m your host Richard Wolffe I want to jump in today with a story that made headlines for quite a while recently and it had to do with a statement made by one Darell Mori who is the general manager of the Euston rockets basketball team part of the and b a he made a tweet he issued one and it said the following fight for freedom stand with Hong Kong this little tweet of this high official cause and indeed still causing a bit of a firestorm inside China turns out the Chinese people in large numbers and the Chinese government probably in response to the upset of its people took offense at this remark. Immediately began canceling n.b.a. Events scheduled to take place in China for those of you not familiar with the China is the 2nd most important market for basketball in the world after the United States it is the future
Today Franco We re down yes n.p.r. News Washington meanwhile top Senate Republican Mitch McConnell is taking aim at the impeachment inquiry saying today a resolution being pushed by House Democrats would deny President Trump what McConnell term the most basic rights of due process the Senate majority leader also sharply criticize Democratic leaders behind the resolution the House tomorrow is scheduled to vote on the measure which lays out the terms for open hearings and release of testimony transcripts would also require the House Intelligence Committee to submit a report outlining its findings from the seedings that a reserve board cut interest rates today by a quarter of a percentage point N.P.R. s Scott Horsley reports the central bank is trying to shore up an economy that continues to tap the brakes in announcing the rate cut the Federal Reserve pointed to weak business investment which has been a drag on the economy even as consumer spending has held up relatively well this is th
As a new partnership with news organizations and it s been figuring out how to police contact who should we trust to sort fact from fiction online then we ll focus on a real world impact of the tech economy income inequality we ll discuss it with Seattle mayor Jenny Durkan and we d love to hear from you comments on our Facebook page or tweet us at one end. Our news in Washington I m Jack Speer House Republican leaders are reaffirming their defense of President Trump That s despite new testimony in the impeachment inquiry N.P.R. s Claudio Salis reports a top Ukraine expert on the National Security Council says he repeatedly raised concerns about the July 25th call between Trump and Ukrainian president Army Lieutenant Colonel Alexander Van Minh heard the call firsthand now he s telling lawmakers he took issue with the president asking a foreign government to investigate a u.s. Citizen in this case trumps political rival Joe Biden House minority leader Kevin McCarthy and others did not a