20 Burst results for "Joseph Bruce Willis"

Pandemic wage gains were just a fluke

Marketplace with Kai Ryssdal

04:01 min | 4 months ago

Pandemic wage gains were just a fluke

"Come friday. We're going to get the latest stab shot on average hourly earnings in this economy and it is expected to show continued strong winds gains but our guy on economic statistics mitchell hartman. He says best to ignore that and focus instead on the trouble yet to come so a crazy thing happened on the way to the pandemic recession. After the economy shut down and twenty million people lost their jobs. Workers average hourly earnings went up skyrocketed. Actually up eight percent year over year but what got was was not signal. Joseph bruce willis is chief economist at rsm consulting. He'll be our guide through this thicket of wage data and when he says noise not signal he means fast. Rising wages have been a statistical anomaly of the pandemic economy high paid professionals kept working from home and mostly held onto their paychecks but millions of mostly low paid service workers lost their jobs. When you've got forty percent of households making forty thousand or less seen a job loss or loss in wages. That explains that head. Fake if you will on wages forty year old cinnamon deutsche is. An example of what bruce willis is talking about. She was teaching at a childcare center in asheville beulah ohio when it closed and she got laid off in march her three hundred and fifty dollars a week. Paycheck disappeared from the average earnings calculation. But she got unemployment which included six hundred dollars a week in extra federal pandemic pay until she was hired back three months later. I made twice as much on unemployment with the extra six hundred dollars. As i do now but i am glad to be back to work. I mean i like going to work so like many americans do inches. Income actually went up for a while because of additional unemployment benefits and relief checks but those temporary effects are fading. And just says we're in for a rude awakening. What i think we're going to see is a very bifurcated. Wage market this idea that k shaped economy separation between the hadgem. The have notch bruce willis says the haves those who work in what he calls. These zoom economy will have made goes at the upper end. Those who are already thriving. There's going to be competition for those workers. you know. Premium place their wages but for lower wage says workers even as the economy reopened and employers. Start staffing up again. Those in the middle to the lower end of the market where the damage occurred. They're not going to see a lot of wage growth. That's due in part to supply and demand. Lots of unemployed workers looking for jobs not enough job openings to give them leverage to demand higher pay. then there's something. Economists call downward nominal wage rigidity firms during hard times ten not reduce. The wages of the employee said they keep on the books but when the times get better wage gains core restrained. That is pretty much what cinnamon joy is seeing in her job. She's back at work fulltime at her previous salary of three hundred and fifty dollars a week. The extra unemployment income she banked back in the spring has run out. My credit card is back up to you. Know almost max out trying to pay five or ten bucks extra so that i can pay that down. I make enough money to pay my bills and have mcdonald's once in a while but you know if my car breaks down or have an emergency am just outta luck i i have to borrow from. Somebody doesn't expect chill get a raise until she hits ten years of service in twenty twenty

Mitchell Hartman Joseph Bruce Willis Rsm Consulting Cinnamon Deutsche Bruce Willis Beulah Asheville Ohio Mcdonald
The recovery is slowing down so much soon it could be going backwards

Marketplace with Kai Ryssdal

02:22 min | 5 months ago

The recovery is slowing down so much soon it could be going backwards

"Can still be alarming. The problem is improvement in the job. Market is slowing way down. We were adding jobs twice as fast just a month earlier in october. Economists joseph bruce willis at our sim consulting. Explains this with and warn you some complex math math that i almost flunked in college. What we call a first riveted. Second derivative problem first of look strong the two hundred and forty five thousand jobs we added in november but the second derivative that's the rate of change of the rate of change is actually cloyne continues. You'll end up with an outright loss of jobs on a monthly basis. So he's saying if employment growth keeps decelerating. We could be losing jobs by next month and even if we keep up with november's pace full recovery is going to take a very long time says daniel jau at jobsite glass door because we're nine point. Eight million jobs short pre-crisis levels at this month's pace take us until twenty twenty four to return to those pre-crisis levels that we'd had and digging out of this unemployment hole is about to get harder says lisa rohan at forbes advisor she points to rising covid cases and government shutdown orders mounting business failures and government relief about to expire. A majority of people are feeling less comfortable than they did. Six months ago to make regular household purchases and a vast majority of people are holding off on those major purchases like a home or a car the latest forbes adviser ipsos poll finds half of american workers are now afraid they or someone they know. We'll lose their job in the next six months. I'm mitchell hartman for marketplace. This being a friday it is time for a look back at what the heck happened jobs. And otherwise neil. Richardson is here. She's at adp. David gura is back as well. Hey to so neil. Let me go to you as the trained economist on the panel David if you've ever took calculus. I never did and i surely would fail. I don't i don't even know bonilla To the point that mitchell was making and job as well as well this idea that labor market gains are slowing that seems to me to be perilous. It is and i was a math major said well

Joseph Bruce Willis Daniel Jau Lisa Rohan Forbes Mitchell Hartman David Gura Neil ADP Richardson Bonilla David Mitchell
"joseph bruce willis" Discussed on KCRW

KCRW

04:43 min | 1 year ago

"joseph bruce willis" Discussed on KCRW

"The U. S. and it is most likely going to be one of the worst in recent memory we already know and that more than thirty three million people have filed for jobless benefits since mid March and as bad as the jobs numbers are most likely going to be they will not capture the full picture of unemployment due to pandemic marketplaces Mitchell Hartman has more as bad as the numbers look the April jobs report can't capture the full scale of employment loss since the pandemic began says Erica groschen she was the bureau of labor statistics chief economist in the Obama administration is a shock unlike anything else we have a strange groschen says the official unemployment rate is likely not counting many who've lost their jobs that's because the standard definition of an unemployed person is someone who hasn't had paid work and has been actively looking but in the pandemic millions have been laid off or left a job and orange hunting for a new one people who say that for now I'm not working and I'm not looking for work until I feel I can be safe out there also it may not count people out of work caring for others in the pandemic who maybe made the decision to stay home and home school or take care of the elderly relatives because they don't want them endangered and it's going to be hard to gauge exactly how much job loss is temporary just until companies re open and workers get called back Joseph Bruce Willis at RSM consulting has been tracking jobless claims many of the initial claims were classified ads for loan but are becoming permanently unemployed meanwhile many who still have jobs aren't working or earning nearly as much as they used to says Julie up Alec at ziprecruiter you can either be laid off or you could take a twenty thirty forty even fifty percent pay cut to keep your job in a recent survey ziprecruiter found that about one in four jobseekers has had hours or earnings cut or both I'm Mitchell Hartman for market place trump administration officials had a conference call last night Washington time with counterparts in China after the call the White House issued a statement saying the phase one trade deal is on track market place's Nancy Marshall Ganz R. joins me now live with the details if you haven't heard much about trade in a while what did the administration have to say after this call what this statement is from the treasury department and the US trade ambassador they say the two sides discussed economic and trade issues including the phase one agreement which of course was just sign back in February they say both countries quote fully expect to meet their obligations under the agreement in a timely manner is is that likely how likely is that it's going to be difficult to breathe I remember under this first phase of the trade agreement over the next two years China is supposed to increase its purchases of U. S. products by two hundred billion dollars over twenty seventeen baseline in the first four months of this year while China was struggling with covert nineteen Chinese imports from the US were down this statement this conference call this is all a huge change in tone for the administration what's behind them I think it's meant to ease the tension a little bit of president trump has been scolding China accusing Beijing of withholding information about the early days of the corona virus outbreak at one point trump was threatening more tariffs on China but last night's statement says there's been good progress toward making the agreement a success all right market place an infommercial guns are thank you so much checking markets the footsie in London is up one point four percent Dow S. and P. and nasdaq futures are also up in the one to one point two percent range of the offi truck two hundred and eighty five points as if coronavirus couldn't disrupt more things in everyone's lives we can add to the list weather forecasting it turns out there's a lot atmosphere data gathered by commercial airliners in surprise here this is going air travel has fallen off a cliff atmospheric data on temperature wind humidity from these flights is down ninety percent in some regions down seventy five percent of U. S. the world meteorological organization said Thursday it was concerned about how this might affect weather forecasts.

"joseph bruce willis" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

05:24 min | 1 year ago

"joseph bruce willis" Discussed on WNYC 93.9 FM

"Remind you every now and then the monthly unemployment report which came out this morning is what's known as a lagging indicator it tells us what happened last month specifically if you want to get all technical about it clearly I do what was happening in what's called the reference week the week of the month that contains the twelfth or the frame that a different way what was happening in February before coronavirus became an economic thing I think though it now is so what we do with today's good news that looks backwards if we're trying to figure out the future market place Mitchell harm is on the prognostication desk I asked two economists what today's report two hundred and seventy three thousand new jobs in February unemployment falling to three point five percent means to them really the last waltz strong and robust monthly hiring what a great report it was but what does it mean for the future nothing right that's Joseph Bruce Willis said RSM consulting and Betsey Stevenson at the university of Michigan Stevenson says this is a snapshot of the job market right before major supply and demand shocks from the novel coronavirus hit disrupting trade travel and financial markets in the U. S. and she says we might not know how much of this is impacting businesses and consumers from the next jobs report either important data is a lagging indicator it's one of the last things we see when we see those jobs report started tell us about the story we're in the thick of it the economy is already in trouble Bruce Willis says a sharp down turn in some economic activity is already evident I'm calling this the tip of the spear shipping and container state a number of weeks ago the volume of shipping began to slow in some cases double digits Bruce Willis says that'll likely show up first in week hiring or possibly layoffs in transportation wholesale and retail trade manufacturing and an early warning sign of that he says would be a sharp increase in weekly jobless claims that could indicate that the unemployment rate is about to head higher John leader at morning console service consumers every week he says people are still feeling secure in their jobs but when they're asked to projects twelve months in the future whether or not they think they'll be doing better or worse financially than they are today and that indicator took a pretty strong drop last week it's stabilize this week and he says he's monitoring it closely because high consumer confidence and a robust consumer spending are crucial to sustaining the economic expansion hi Mitchell Hartman for market place warning here going to dip a toe in the bond market weeds right now in the form of what are called real yields remember the yield is the annual interest rate and bond pays for the benchmark ten year treasury note today it was a stunningly low zero point seven eight percent at the close and that wasn't even the intraday low but Hey at least it's still positive right no because inflation which means those real yields have actually gone negative marketplace's Amy Scott explains what that might mean for the world's biggest economy when you factor in inflation investors are actually losing money by lending to the U. S. government the real yield on the ten year T. note is about negative half a percent why would anybody do that people are willing to pay up for that safety Carissa McDonough is chief fixed income strategist with people's United advisors there effectively giving out you know future sources of real yield to park their money to be safe today this has happened here before during the European debt crisis in twenty twelve and thirteen robin Brooks is chief economist at the institute of international finance an industry trade group he says investors are anticipating the fed will likely need to cut rates even further to cushion the blow from the corona virus if real rates are negative the way that they are now it's sort of a realization that holy cow perhaps the fed will be at zero for a very long time and the fear that's driving investors into bonds could slow growth even more that means that money that would have flowed into financing projects or money that would have gone into investments it's currently hiding in treasuries that's harmful for the economy because basically investment could be weaker and so that can hurt growth going forward just this week the institute downgraded its growth forecast for the United States from two percent to one point three percent annually because of the virus Maryland Cowan is CEO of envision capital management a bond portfolio manager she says while some investors stick to safety she worries others will start chasing higher yields you can buy dividend paying stocks or real estate investment trust well those are very different instruments they act very differently yes S. the yields are.

"joseph bruce willis" Discussed on 90.3 KAZU

90.3 KAZU

01:58 min | 1 year ago

"joseph bruce willis" Discussed on 90.3 KAZU

"A little bit for the first time though in almost a decade women in this economy are working more jobs than men are there some kind of yachts here right we are not counting farm workers or people who work for themselves who are mostly men so overall more men still work outside the home but footnotes not withstanding this is a change in the work force that could have some lasting impact on the workplace is immense got explains this happen once before in June two thousand nine women overtook men on non farm payrolls and it lasted almost a year but that's a story in which men word losing jobs rapidly and women were the remainders and the labor force so they kind of became the majority by default economists Betsey Stevenson at the university of Michigan says this time for the first time the majority has been the result of female gains and employment not mail losses in the last years she says employers added six hundred thousand men to their pay rolls and one and a half million women part of this is about the kinds of jobs employers are creating think less manufacturing more services like education and healthcare Deborah Lancaster directs the center for women and work at Rutgers but I think at the same time we really want to look under the hood about what is the quality of the jobs in where those gains are she says most healthcare positions are low paying personal care and home health aides and those individuals tend to have really struggle with supporting their families on a single job but as women take over more work places and rise in the ranks employers will respond says Joseph Bruce Willis said consulting firm are SM the whole notion of employment that's largely been organize your and the needs of that since the second World War is likely to change very quickly expect to see more flexibility he says better benefits and yes a smaller wage gap.

Deborah Lancaster Rutgers Joseph Bruce Willis Betsey Stevenson university of Michigan
"joseph bruce willis" Discussed on Marketplace Morning Report with David Brancaccio

Marketplace Morning Report with David Brancaccio

07:02 min | 1 year ago

"joseph bruce willis" Discussed on Marketplace Morning Report with David Brancaccio

"What do we know about phase one of the China trade deal not a whole lot for marketplace in Austin Texas? I'm a dealer in for David. Brancaccio as part of phase as one of a deal to end the trade war between the US and China Washington has cancelled Harris on some Chinese goods that were supposed to go into effect this week but details of the a dealer still murky. Here's at least a little bit of light on what we do. Know is our China correspondent Jennifer pack in Shanghai the US says in the phase one deal. China has agreed three to buy a lot more American goods and services like in manufacturing energy and at least sixteen billion dollars more agricultural goods each year for the next two Chinese. He's officials though have not confirmed any dollar amount just that they have an agreement on issues including agriculture intellectual property technology transfer and transparency see China's state run press over the weekend has only quoted optimistic opinions on the deal from US media. And that's because Chinese officials have always said that the tariffs Hurt consumers in the US more than in China right now the US still has tariffs on two-thirds of Chinese exports with a portion of those tariffs to be reduced by half to seven point five percent. US officials say both sides are aiming to sign the phase. One deal in early January in Shanghai. I'm Jennifer pack for Marketplace Jennifer mention. US manufacturing factoring is part of that trade deal well a bunch of economic reports on US factory production and construction will be out this week. Starting with manufacturing forecasts from purchasing managers later later this morning manufacturing has been in a bit of a slump lately. And that's been reflected in job losses this year especially in the industrial upper midwest. Marketplace's Mitchell Hartman has has more a host of troubles beset America's factories this year retaliatory tariffs on US exports the strong US dollar and the global global economic slowdown says Joseph Bruce Willis said RSM consulting you look at the domestic. US manufacturing sector it's still contracting. US manufacturing has added just fifty six thousand jobs so far this year. More than two hundred and fifty thousand were added in two thousand eighteen automaking. Taking jobs are down. Kristen G check at the Center for Automotive Research says the new trade agreement with Canada and Mexico may boost employment over the next few years but down the road. The growth of electric vehicles will likely take jobs away much more costly to build but there are fewer moving parche battery. Production is not as labor intensive as engine and transmission. This year there have been manufacturing job losses across the automaking heartland in Illinois Annoy Indiana Michigan and Wisconsin. I'm Mitchell Hartman for marketplace. Let's do the numbers. The footsie in London is up over two to percent now as P at Nasdaq futures are also up in the one tenth. Four tenths percent range marketplace helps you answer questions you've always wondered about and now that includes finding out more about how and why we do what we do every day become a marketplace investor today and you'll get exclusive access to a series of virtual. Ama's between molly would Tiraspol and meet Abram CACCIO. Don't miss out on our twenty twenty ask me anything. Series contribute sixty dollars or sign up to donate five dollars a month at marketplace dot. Org and thank you. What would it take to reunite the economically divided America for the nonprofit? Think tank the Brookings Institution. It seems that a direct federal intervention through through the creation of new geographically diverse growth centers is the key. Mark Murrow as policy director for the Brookings Metropolitan Policy Programs and Co author of a report suggesting as as much he spoke with marketplace morning. report host David Brancaccio last week. The innovation sector of America's economy tack and beyond according to your data is like five live cities in the US. That's it yeah we define it pretty tightly we look at you know highly. RND oriented stem worker oriented Innovation Industries five places garnered ninety plus percent of all of the growth of our defined innovation patient sector. So you know the strong or getting much stronger and most other places are going sideways or worse first of all you'd like to spread the the innovation there for spreading the wealth. Some of argued that innovation just wants to be where it should be and any outcome is what the market Once we don't see it that way. We think that a lot of things can happen along the road that lock in maybe sub optimal dynamics. And I think there's a a lot of evidence that having the bulk of our innovation sector in a narrow set of coastal metros is leaving huge problems so we we think there are all kinds of reasons to encourage more growth elsewhere in the rest of the country. I mean you pitch this idea of growth center. What is a growth center? A growth center is a place that is designated to receive substantial federal investments. What we call an innovation surge urge to get to the next level of You know intimations sector growth and change and You know we we think we should be letting letting you know selecting eight to ten places as an experiment to get to that next level. Do you think you could find bipartisan support for the level of funding that you might like to see it will be heavy lift But we think there is a growing recognition and perception of emergency In terms of the nation's you know geographical divides And those geographical divides effect blue places and read places early Response to our ideas. been quite bipartisan. Hope Springs Eternal As we begin to get into discussions about The Price Tag and legislation but which we hope will you'll begin soon and think they will mark Miro's senior fellow at Brookings. The papers called the case for growth centers how gotTA spread Tech Innovation Across America. Thank you very much. Thanks so much. You hear more of David's conversation with Mark Moore on our website marketplace dot org by this this point you've probably heard about the troubled airplane the Boeing seven thirty-seven Max will Boeing's management. Board is meeting to talk about what to do about the wall. Street Journal is reporting that the company's weighing either suspending or limiting production of the plane could have a decision by today regulators. Granted the Max in March after a fatal crash in Ethiopia. The second one for the plane falling following one in Indonesia. The accidents took a total of three hundred and forty six lives in Austin Texas. I'm and you're with the marketplace morning report from A._P._M.. American public media..

US China David Brancaccio America Shanghai Jennifer pack Austin Texas Mitchell Hartman Innovation Industries Brookings Institution China Washington Ethiopia Indonesia London Harris Joseph Bruce Willis Street Journal Center for Automotive Research Ama
"joseph bruce willis" Discussed on Marketplace with Kai Ryssdal

Marketplace with Kai Ryssdal

04:56 min | 1 year ago

"joseph bruce willis" Discussed on Marketplace with Kai Ryssdal

"From Washington DC? I'm Kimberly Adams in for Kai Ryssdal. It's Tuesday November twelfth. Both good to have you with us. Let's start today. Exploring feelings specifically how small business owners are feeling about the economy. They had a more positive. Take on the future Chur in October compared to September. That's according to a monthly survey from the National Federation of Independent Business responded said they are making capital investments and raising raising employee. Pay or at least planning to but their number one challenge finding qualified people to hire marketplace's Sabrina Benesch or has more on. That things are looking up at clean choice energy that we're hearing really optimistic about Where every now and the next eighteen months or more more Kate Kohler is chief staff at clean choice? It offers renewable energy sources. The company has thirty percent more employees than it did last year but she still has a dozen in positions to fill it is really the stiff competition and the candidates were interviewing or intervene at other firms is well nearly a quarter of businesses in the survey said. Their top concern was finding qualified. People either to grow the business or even just to maintain it. According to Joe Galvin Chief Research Officer for Advisory Advisory Firm Vestige. Chances Are you're higher replace. Some of you left your organization to go somewhere else to attract people clean choice. Energy is focusing on its green ethos off Every organization able to offer thirty percent of small firms said Dave increased compensation to attract workers Rebecca Hamilton co-ceo of WS Badger. It makes organic skincare products. She says the companies increased pay and benefits. We have an in house daycare center so we have flexible. WHOA hours? You know the onsite gym say Yoga classes on say Akito the NF Ibiza. Small businesses are paying for higher compensation with higher sales in savings things. Joseph Bruce Willis chief economist with consulting firm. RSM isn't sure sustainable. They're willing to offer more compensation but attended today. Were likely not to because of they slowing economy and a contraction and probably Bernie trains in other words. Small businesses can afford to fight over talent as long as consumers. Keep buying in New York. I'm Sabrina sure for marketplace. By the way the fastest growing segment of workers by age is people over fifty fifty five. We want to hear from those of you in that age group. Who Work Part Time? So if that's you please get in touch at marketplace dot. Org and Google is making another big move in the healthcare business. The company has been running a behind the scenes partnership with the giant hospital chain ascension. The Wall Street Journal was the first with the story which both Google and ascension have since confirmed the initiative project. Nightingale gives Google access to patient data from ascensions hundred fifty hospitals goals and more than fifty senior living facilities and it helps ascension manage. It's patient data. So what's for consumers marketplace's Nancy Marshall Genzer takes a look. Here's the promise from Google in ascension with all your healthcare data in one place. It's easier to analyse they can look at all the medications you take to find. I'm dangerous interactions. VN Ho is a health economist. At Rice University they can find patterns detect things before they go wrong and give advice vice to healthcare providers on how to improve care or maybe Google highlights lab test results complaints about symptoms and medications. That didn't work and recommends a test. That shows early stage cancer. I were rheingold heads. The National Association of consumer advocates the overall goal is a good one but he also worries about data breaches. And what if Your Insurance Company finds out your tag does cancer risk person then have higher insurance costs because we've now identified them as somebody who was at a greater risk Google and ascension declined our interview requests but in a statement ascension says its partnership with Google is aimed at improving improving care and reducing costs but joy prince who worked on health information technology policy in the Obama Administration warns that generally healthcare cost are like whack a mole. You cut one cost and another pops up. You're reducing the cost of a test. Well then you're increasing the frequency of another another test put says healthcare in the. US IS A business businesses. WanNa protect their profits and no amount of data will change that in Washington. I'm Nancy Marshall. Genzer answer for marketplace and president trump was in New York City today. Speaking at the Economic Club of New York he talks trade criticized the Fed as per usual not much there for the markets but speaking of the Fed Chair Powell testified to Congress tomorrow and traders are getting ready for that. We'll have the details when we do. The numbers numbers.

The big problem for small business? Finding qualified people to hire

Marketplace with Kai Ryssdal

02:13 min | 1 year ago

The big problem for small business? Finding qualified people to hire

"Start today. Exploring feelings specifically how small business owners are feeling about the economy. They had a more positive. Take on the future Chur in October compared to September. That's according to a monthly survey from the National Federation of Independent Business responded said they are making capital investments and raising raising employee. Pay or at least planning to but their number one challenge finding qualified people to hire marketplace's Sabrina Benesch or has more on. That things are looking up at clean choice energy that we're hearing really optimistic about Where every now and the next eighteen months or more more Kate Kohler is chief staff at clean choice? It offers renewable energy sources. The company has thirty percent more employees than it did last year but she still has a dozen in positions to fill it is really the stiff competition and the candidates were interviewing or intervene at other firms is well nearly a quarter of businesses in the survey said. Their top concern was finding qualified. People either to grow the business or even just to maintain it. According to Joe Galvin Chief Research Officer for Advisory Advisory Firm Vestige. Chances Are you're higher replace. Some of you left your organization to go somewhere else to attract people clean choice. Energy is focusing on its green ethos off Every organization able to offer thirty percent of small firms said Dave increased compensation to attract workers Rebecca Hamilton co-ceo of WS Badger. It makes organic skincare products. She says the companies increased pay and benefits. We have an in house daycare center so we have flexible. WHOA hours? You know the onsite gym say Yoga classes on say Akito the NF Ibiza. Small businesses are paying for higher compensation with higher sales in savings things. Joseph Bruce Willis chief economist with consulting firm. RSM isn't sure sustainable. They're willing to offer more compensation but attended today. Were likely not to because of they slowing economy and a contraction and probably Bernie trains in other words. Small businesses can afford to fight over talent as long as consumers. Keep buying in New York. I'm Sabrina sure for

Joe Galvin Chief Research Offi Kate Kohler Sabrina Benesch National Federation Of Indepen Chief Economist Joseph Bruce Willis Ibiza Bernie Rebecca Hamilton New York Dave Co-Ceo Thirty Percent Eighteen Months
"joseph bruce willis" Discussed on Marketplace Morning Report with David Brancaccio

Marketplace Morning Report with David Brancaccio

02:58 min | 1 year ago

"joseph bruce willis" Discussed on Marketplace Morning Report with David Brancaccio

"Autumn is how willing people are to up and quit for what they view as greener pastures will get that reading today I'm David Brancaccio hiring in September was good but below trend still the unemployment rate hit a fifty year low later this morning we'll get the Aug job openings Labor turnover survey acronym jolts here's marketplace's Mitchell Hartman job openings peaked late last year and have fallen off a bit since then but the quits rate which tracks workers voluntarily leaving their jobs is now at an eighteen year high economist Joseph Bruce Willis at our SM consulting individuals are fairly confident that if the quit their job they're going to get another one for higher pay web developer Joshua Curtis a Phoenix started job hunting last year he figured his current employer underpaying him by about thirty percent and his landlord had just nearly doubled the rent but I did not get a lot of job offers very picky about what the want and this is the kind of developers here he expanded his search nationwide and in February got an offer exactly the pay raise I was looking for you Thomas Justice Bruce Willis warns that this tight hot labor market may not last weekly jobless claims especially in states heavily dependent on trade and factoring have been edging up recently I'm Mitchell Hartman for marketplace the drug company Johnson Johnson has been hit with an eight billion dollars punitive damages by a court in Philadelphia yesterday the jury found the company downplayed risks of its drug rispler doll used to treat psychosis but in this case autism marketplace's Nancy Marshall Genzer is here with more on the jury's thinking here well David the jury decided that Johnson and Johnson didn't do enough to warn the he shouldn't Nicholas Murray who's now in his twenties that risperidone could cause him to Grope Russ he started taking it when he was child for treatment of symptoms related to his some Murray's lawyers say the jury sent a message that Johnson and Johnson's actions were deliberate and malicious what is Johnson and Johnson saying about eight Billion Dollars Company says the verdict is excessive and it will appeal Johnson and Johnson also says it was prevented from making meaningful defense because key evidence was excluded it says the jury didn't hear it's opinion that were sprawls label quote outlined the risks and this comes about a week and a half after J. J. reached a twenty million dollar settlement agreement on opioids right and that agreement is with two counties in Ohio resolves their claims Johnson and Johnson contributed to widespread addiction with its opioid drugs but the company still faces hundreds of other the opioid lawsuits Johnson and Johnson stock is down one point eight percent in pre-market trading now some other numbers the footsie.

psychosis Billion Dollars Company Nicholas Murray web developer Johnson stock Ohio J. J. Grope Russ risperidone Johnson Nancy Marshall Genzer David Brancaccio Philadelphia Johnson Johnson Mitchell Hartman Thomas Justice Bruce Willis Phoenix Joshua Curtis Joseph Bruce Willis
"joseph bruce willis" Discussed on KQED Radio

KQED Radio

03:00 min | 2 years ago

"joseph bruce willis" Discussed on KQED Radio

"I'm David Brancaccio in New York yesterday, we got a downward surprise about the labor market, according to a private sector, survey just twenty seven thousand more jobs created in the US last month, one sixth of what forecasters were expecting. Now the official jobs report is due tomorrow morning. But today, there's been another downward surprise, the outplacement firm, Challenger, Gray and Christmas reported the number of layoff announcements by private companies rose forty six percent april-to-may. Marketplace's Mitchell Hartman reports with economic growth slowing Andy challenger at Challenger, Gray and Christmas says it's likely employers will ratchet down hiring to and there's a trade war. Tariffs on everybody's mind. He says new tariffs that President Trump is threatened against Mexico could disrupt supply chains across the economy businesses hate uncertainty. Don't know what's going to happen and to hire robustly in the states that difficult choice to make Joseph, Bruce Willis that consulting firm, our SM predicts businesses will pull back if the trade war stays hot and uncertainty tax on American firms, then that translate to the real economy in terms of lower investment slower hiring and lid on wage world. Bruce Willis says US manufacturers have suffered the most so far with virtually no job growth this year. Tariffs raise the cost of materials they import and trade disputes threaten their export sales abroad. I'm Mitchell Hartman for marketplace. Talks will continue between the US and Mexico today. Head of the start of the Trump administration's new import tax on Mexican goods after no deal yesterday. And today, President Trump threaten. New tariffs on another three hundred billion dollars worth of imports from China. Marketplace's Nancy Marshall genzer has more now on how that's playing out in the oil market first off, if trade slows you don't need as much oil to move imports and exports around the world. Kevin book with clearview energy partners, says there's a ripple effect starting with cargo ships. You've got four percent or so of global consumption goes into marine bunker, fuels fuels that go into ships says, then you need less fuel for the trucks, and trains, and river barges that deliver imports. There's also a psychological effect here. All traitors, worry that the trade tensions are adding to the global economic slowdown. When the economy slows you need less oil, Andrew, the power of the pow oil is, so she, it's says oil prices are already falling. Well, since may I actually down about eighteen percent from nearly sixty four dollars a barrel to fifty two dollars. Today prices are. Also down because oil stockpiles or inventories are up about six percent higher than average for this time of year in Washington, I'm Nancy Marshall genzer for marketplace. Curls up a tenth percent, fifty eight seventy eight in New York trading. Now other numbers, the Dow is up nineteen points,.

US Nancy Marshall genzer President Trump Mitchell Hartman Gray New York Bruce Willis Mexico Trump administration David Brancaccio Andy challenger official China President
"joseph bruce willis" Discussed on KCRW

KCRW

08:57 min | 2 years ago

"joseph bruce willis" Discussed on KCRW

"The news right now on KCRW from NPR news. This is all things considered. I'm Ari Shapiro, and Mary Louise Kelley we begin this hour as we have started our program for the last three and a half weeks with large parts of the federal government shutdown. There is. No end in sight for the stalemate that has now stretched to twenty six days leaders on both sides are not talking but members of the house problem solvers, many of whom are Democrats had lunch with the president today. White House press secretary Sarah Sanders said on Twitter this afternoon that the meeting was constructive. And that the group now has a good understanding of what each side wants democratic congressman Josh got Heimer of New Jersey was one of the members of that bipartisan meeting, and he joins us now. Welcome. Thanks for having me. Do you agree with Sarah Sanders that it was a constructive meeting? Do you feel like you have a better understanding of what the president wants? Why certainly thought it was productive. You know, we met as bipartisan group in the situation room this morning. I think both sides listen to each other. I think we both walked away believing. There was a way forward. There is a way forward. You know, what we've made very clear, and as we've got to open up the government we've got to do. So now, there's a group that I think significant grouping congress of of both parties and both of congress that are willing to sit down and talk to one another and and deal with some of the toughest issues in our country, but you've got to reopen the government, you know, our our security our safety our economy our archive been compromised, we've got millions of families suffering. So we've got to get the government reopen. But there's also a real desire for both sides to sit down and find a way forward so up until now Republican leaders have said they will not reopen the government without an agreement to fund the wall. Are you saying? That seems negotiable now. Well, I would say that you know, I don't want to get into. It's okay. All the specifics of our conversation in the in the room this morning. But I'll say that. I think both sides did listen to another as Sarah Sanders said on both sides heard where where he's coming from. And I think that's very important, which is why I think you've got to keep talking to another. We've gotta sit at the table because there's too much risk. You've got to get the government open. I know I think on some of the issues that many are talking about we think there is a bipartisan agreement to be had. But it's very difficult to do under these circumstances. You can't really have a proper discussion. These circumstances dramatically over simplify the possible end game scenarios on one hand either side could get everything they want, but the two more likely scenario seemed to be I congress agrees to fund less than the president is asking for. I don't know. Maybe it's two point five billion rather than five billion. And the second scenario is that the government reopens the negotiation happens an agreement is reached on border security afterward. Words does one of those seem more likely to than the other at this point? Well, I think what's most likely without getting you know, that would without revealing all the conversation. You know, I think what is most likely I believe way out of this is that both sides are going to have to be willing to knock it everything they want those sides are going to have to be willing to put a little faith in actually in reopen the government, but also being willing to sit at the table and have these conversations and and and looking for that path pathway, and and until we actually until we do that it's very difficult to to solve this problem. And I think what what we heard in this meeting and from both sides is there's a real desire to to get out of this. But it's gonna take us to your point on. You just said it's to really take us be willing to not get every both sides, not get everything they want to get most of what they want. You're saying that there is this was a constructive meeting is actually the most optimistic thing I've heard out of anybody in the last nearly nearly a month. So just in our final minute. What is the next step? Is it the leaders to get together? With the president. Is it more of these lower level negotiations? Yes, or no, I think the congress the negotiations that are going to happen over whether we're talking about immigration, fixing immigration and border security. Those those conversations have to happen at a leadership level. And I think we talked about that today. That's that. But but the why I am I thought the conversation your point was constructive. I I am optimistic because we're actually talking, and I think we need to do more of that. And that's the point. All right. Democratic congressman Joshua hammer of New Jersey. Thanks so much. Thanks, brad. Previous government shutdowns usually ended after a few days. This one has now gone on longer a lot longer. It's now at record length so trying to calculate its effect on the economy is more complicated, though. Even the Trump administration is now acknowledging the shutdown will eat into economic growth and peers Jim zarroli reports White House economic adviser Kevin Hassett has sometimes downplayed the impact of the shutdown on the economy. But yesterday, he seemed to have a different take. He said the impact would be twice as much as previous estimates. Here. He wasn't an interview on FOX business network. That aren't getting you pay are feeling the pain, and it's going to really affect the economy as well. The White House says every week that the shutdown drags on. It will shave another point one three percent off of economic growth that's pretty small, but it adds up over time some eight hundred thousand federal workers are not being paid now. And that doesn't include the four million contract workers. Many of whom are also going without pay. That's already beginning to affect the spending behavior of federal employees. There are people like Sophia Bogart who works at NASA on a Mars exploration project. I mean, it's a dream job. I would just be able to do it right now. Bogart works on contract, which means she's mostly not getting paid. And unlike civil servants, she won't be made whole later, so she's given up dinners out, and exercise classes, and even sold her car to raise cash, it's changed the way that I grocery shop, I've been consisting essentially on rice beans and. And vegetables stopped buying pretty much any meat just because it's expensive and that kind of pull back on spending can lead to slower growth as a whole, especially in places with a lot of federal employees. Joseph Bruce Willis, chief economist at RSM says their cities such as Ogden Utah site of a large IRS facility highly paid professionals educations who are receiving income. We're going to see at least at this point at least two paychecks missed by individuals. That's an entire month of pay. And that's only the initial impact of the shutdown. Macroeconomic advisers, founder Joel says sooner or later the suspension of so many government services begins to affect the broader economy federal workers process. Housing loans, pay tax refunds and approve food labels. The fact that they're not doing that. Now keeps businesses from operating and then what about disruptions because public transportation. Is delayed courts are closed inspections or not being done. All all of that. This shutdown comes at a time when the US economy has been doing pretty well unemployment has been low, but Joseph Bruce Willis says the longer the shutdown lasts the more likely. It is that the job market will suffer. In fact, more jobs could be lost. Then created for the first time since twenty ten and he notes this comes at a time of ongoing trade tensions between the US and China as well as an economic slowdown in Europe and Asia. You got whatever refer to the growing tax which will show up in less. Hiring inlets business investment wants the slowdown ends congress is expected to pay federal employees back for the time. They've lost. But the huge disruption to the economy could leave other problems in its wake previous shutdowns have hurt business confidence and left people a lot less certain that the government can address the problems it faces and that could leave a residue of uncertainty. That's a lot harder to eliminate Jim zarroli NPR news New York in New York this morning. Protesters gathered outside the headquarters of Sony Music, Entertainment in Manhattan, the group is demanding that Sony drop R and B singer R Kelly this protest was the latest development in a long saga of accusations against Kelly that he has sexually and physically abused young women for more than a quarter of a century outrage over the allegations erupted earlier this month following the six part lifetime TV docu series surviving R Kelly in which seven. Women accused Kelly of sexual and physical abuse NPR's Anastazia fuel costs reports that in the aftermath of a series, airing. There has been a protest at Kelly studio in Chicago and increased online pressure against the singer and several prominent musicians have spoken out against their former collaborator..

president congress Sarah Sanders R Kelly New Jersey Joseph Bruce Willis White House congressman Jim zarroli NPR Ari Shapiro US Sophia Bogart KCRW Twitter Sony New York Josh
"joseph bruce willis" Discussed on KQED Radio

KQED Radio

08:59 min | 2 years ago

"joseph bruce willis" Discussed on KQED Radio

"From NPR news. This is all things considered. I'm Ari Shapiro, and Mary Louise Kelley we begin this hour as we have started our program for the last three and a half weeks with large parts of the federal government shutdown. There is no end in sight for the stalemate that has now stretched to twenty six days leaders on both sides are not talking but members of the house problem solvers, many of whom are Democrats had lunch with the president today. White House press secretary Sarah Sanders said on Twitter this afternoon that the meeting was constructive. And the group now has a good understanding of what each side wants democratic congressman Josh GOP Heimer of New Jersey was one of the members of that bipartisan meeting, and he joins us now. Welcome. Thanks for having me. Do you agree with Sarah Sanders that it was a constructive meeting? Do you feel like you have a better understanding of what the president wants? Well, I certainly thought it was productive. We met as a bipartisan group in the situation room this morning. I think both sides listen to each other. I think we both walked away believing. There was a way forward. There is a way forward. You know, why we've made very clear is we've got to open up the government we've got to do. So now, there's a group that and I think a significant group in congress of of both parties and both as of cars that are willing to sit down and talk to one another and deal with some of the toughest issues in our country, but you've got to reopen the government, you know, our our security our safety our economy our archive been compromised, we've got millions of families suffering. So we've got to get the government reopen, but there's also a real desire for both sides to sit down and find a way forward so up until now Republican leaders have said they will not reopen the government without an agreement to fund the wall. Are you saying that seems negotiable now? I would say that. I don't want to get into. It's okay. All the specifics of our conversation in the in the room this morning. But I'll say that. I think both sides did listen to another as Sarah Sanders said on both sides heard where where he's coming from. And I think that's very important, which is why I think you've got to keep talking to another. We've gotta sit at the table because there's too much at risk got to get the government open. I know I think on some of the issues that many are talking about we think there is a bipartisan agreement to be had. But it's very difficult to do under these circumstances. So you can't really have a proper discussion in these circumstances. Dramatically over simplify the possible. Endgame scenarios on one hand, either side could get everything they want, but the two more likely scenario seemed to be I congress agrees to fund less than the president is asking for. I don't know. Maybe it's two point five billion rather than five billion. And the second scenario is that the government reopens the negotiation happens an agreement is reached on. Border security afterwards. Does one of those seem more likely than the other at this point? Well, I think what's most likely without getting without revealing all the conversation. I think what is most likely I believe a way out of this is that both sides are going to have to be willing to knock it everything they want those sides are going to have to be willing to put a little faith in actually in reopen the government, but also being willing to sit at the table and have these conversations and and looking for that path pathway, and until we actually. We do that. It's very difficult to solve this problem. And I think what what we heard in this meeting, and you're from both sides is there's a real desire. To get out of this. But it's gonna take us to your point on. You just said it's going to really take us be willing to not get every both sides, not get everything they want to get most of what they want. You're saying that there is some this was a constructive meeting is actually the most optimistic thing I've heard out of anybody in the last nearly nearly a month. So just in our final minute. What is the next step? Is it the leaders to get together with the president is it more of these lower level negotiations? Yes, or no, I think of commerce the negotiations that are going to happen over whether we're talking about. Immigration, fixing immigration and border security. Those those conversations have to happen at a leadership level. And I think we talked about that today. But. The why I am. I thought the conversation to your point was constructive. I I am I'm domestic because we're actually talking, and I think we need to do more of that. And that's the point. All right. Democratic congressman Joshua hammer of New Jersey. Thanks so much. Thanks, brad. Previous government shutdowns usually ended after a few days. This one has now gone on longer a lot longer. It's now at record length so trying to calculate its effect on the economy is more complicated, though. Even the Trump administration is now ignoring the shutdown will eat into economic growth NPR's, Jim zarroli reports White House economic adviser Kevin Hassett has sometimes downplayed the impact of the shutdown on the economy. But yesterday, he seemed to have a different take. He said the impact would be twice as much as previous estimates. Here. He was in an interview on FOX business network. The government workers that aren't getting pay are feeling the pain, and it's going to really affect the economy as well. The White House says. Every week that the shutdown drags on. It will shave another point one three percent off of economic growth that's pretty small, but it adds up over time. Some eight hundred thousand federal workers are not being paid now. And that doesn't include the four million contract workers. Many of whom are also going without pay. That's already beginning to affect the spending behavior of federal employees. There are people like Sophia Bogart who works at NASA on a Mars exploration project. I mean, it's a dream job. I would just love to be able to do it right now. Bogart works on contract, which means she's mostly not getting paid. And unlike civil servants, she won't be made whole later, so she's given up dinners out, and exercise classes, and even sold her car to raise cash, it's changed the way that I grocery shop, I've been to sting essentially on rice beans and vegetables, you know, I stopped buying pretty much any meat just because it's expensive and that kind. Pullback on spending can lead to slower growth as a whole, especially in places with a lot of federal employees. Joseph Bruce, Wales chief economist at RSM says their cities such as Ogden Utah site of a large IRS facility. He's highly paid professionals educations who are receiving income. We're going to see at least at this point at least two paychecks missed by these individuals that's an entire month of pay. And that's only the initial impact of the shutdown. Macroeconomic advisers, founder Joel cracking says sooner or later the suspension of so many government services begins to affect the broader economy federal workers process. Housing loans, pay tax refunds and approved food labels. The fact that they're not doing that. Now keeps businesses from operating and then what about disruptions because public transportation is delayed courts your closed inspections or not being done all all of that the shutdown. Come. At a time when the US economy has been doing pretty well unemployment has been low, but Joseph Bruce Willis says the longer the shutdown lasts the more likely. It is that the job market will suffer. In fact, more jobs could be lost. Then created for the first time since two thousand ten and he notes this comes at a time of ongoing trade tensions between the US and China as well as an economic slowdown in Europe and Asia, you got what I would refer to the growing in certain tax, which will show up in less hiring unless business investment wants the slowdown ends congress is expected to pay federal employees back for the time. They've lost. But the huge disruption to the economy could leave other problems in its wake previous shutdowns have hurt business confidence and left people a lot less certain that the government can address the problems it faces and that could leave a residue of uncertainty. That's a lot harder to eliminate Jim zarroli NPR news New York in New York this morning. Protesters gathered outside the headquarters of Sony Music, Entertainment in Manhattan, the group is demanding that Sony drop R and B singer R Kelly this protest was the latest development in a long saga of accusations against Kelly that he has sexually and physically abused young women for more than a quarter of a century outrage over the allegations erupted earlier this month following the six part lifetime TV docu series surviving R Kelly in which seven women accused Kelly of sexual and physical abuse. NPR's Anastazia costs reports that in the aftermath of a series, airing. There has been a protest at Kelly studio in Chicago and increased online pressure against the singer and several prominent musicians have spoken out against their former collaborator. Our Kelly has been one of.

president Sarah Sanders R Kelly NPR New Jersey congress White House Sophia Bogart Jim zarroli congressman Josh GOP Ari Shapiro US Twitter Joseph Bruce Willis Kelly studio Sony press secretary New York
"joseph bruce willis" Discussed on 90.3 KAZU

90.3 KAZU

09:13 min | 2 years ago

"joseph bruce willis" Discussed on 90.3 KAZU

"O six from NPR news. This is all things considered. I'm Ari Shapiro, and Mary Louise Kelley we begin this hour as we have started our program for the last three and a half weeks with large parts of the federal government shutdown. There is no end in sight for the stalemate that has now stretched to twenty six days leaders on both sides are not talking but members of the house problem solvers, many of whom are Democrats had lunch with the president today. White House press secretary Sarah Sanders said on Twitter. This afternoon that the meeting was constructive. And the group now has a good understanding of what each side wants democratic congressman Josh GOP Heimer of New Jersey was one of the members of that bipartisan meeting, and he joins us now. Welcome. Thanks for having me. Do you agree with Sarah Sanders that it was a constructive meeting? Do you feel like you have a better understanding of what the president wants? Why certainly thought it was productive. We met as a bipartisan group in the situation room this morning. I think both sides listen to each other. I think we both walked away believing. There was a way forward. There is a way forward. You know, what we've made very clear, and is we've got to open up the government we've got to do. So now, there's a group that and I think a significant group in congress of of both parties and both cars that are willing to sit down and talk to one another and deal with some of the toughest issues in our country, but you've got to reopen the government, you know, our our security our safety our economy our archive been compromised, we've got millions of families suffering. So we've got to get the government reopen, but there's also a real desire for both sides to sit down and find a way forward so up until now Republican leaders have said they will not reopen the government without an agreement to fund the wall. Are you saying that seems negotiable now? While I would say that. I don't wanna get into. It's okay. All the specifics of our conversation in the in the room this morning. But I'll say that. I think both sides did listen to another as Sarah Sanders said on both sides heard where where he's coming from. And I think that's very important, which is why I think you've got to keep talking to another. We've gotta sit at the table because there's too much at risk. You've got to get the open. I know I think on some of the issues that menus for talking about we think there is a bipartisan agreement to be had. But it's very difficult to do under these circumstances. So you can't really have a proper discussion. These circumstances dramatically over simplify the possible. Endgame scenarios on one hand, either side could get everything they want, but the two more likely scenario seemed to be I congress agrees to fund less than the president is asking for. I don't know. Maybe it's two point five billion rather than five billion. And the second scenario is that the government reopens the negotiation happens an agreement is reached on. Border security afterwards. Does one of those seem more likely to than the other at this point? Well, I think what's most likely that getting without revealing all the conversation. I think what is most likely I believe way out of this is that both sides are going to have to be willing to knock it everything they want those sides are going to have to be willing to put a little faith in actually enrolled in the government, but also being willing to sit at the table and have these conversations and and and looking for that path pathway, and until we actually. We do that. And it's very difficult to have this problem. And I think what what we heard in this meeting, and you're from both sides is there's a real desire to get out of this. But it's gonna take us to your point on. You just said it's going to really take us be willing to not get everything both sides, not get everything they want to get most of what they want. You're saying that there is this was a constructive meeting is actually the most optimistic thing I've heard out of anybody in the last nearly nearly a month. So just in our final minute. The next step is it the leaders to get together with the president is it more of these lower level negotiations. Yes, or no, I think the congress the negotiations that are going to happen over whether we're talking about. Immigration, fixing immigration and border security. Those those conversations have to happen at a leadership level. And I think we talked about that today. That's but. The why I am. I thought the conversation your point was constructive. I I am optimistic because we're actually talking, and I think we need to do more of that. And that's the point. All right. Democratic congressman Joshua hammer of New Jersey. Thanks so much. Thanks, brad. Previous government shutdowns usually ended after a few days. This one has now gone on longer a lot longer. It's now at record length so trying to calculate its effect on the economy is more complicated, though. Even the Trump administration is now knowledge ING, the shutdown will eat into economic growth NPR's, Jim zarroli reports White House economic adviser Kevin Hassett has sometimes downplayed the impact of the shutdown on the economy. But yesterday, he seemed to have a different take. He said the impact would be twice as much as previous estimates. Here. He was in an interview on FOX business network. The government workers that aren't getting a pay are feeling the pain, and it's going to really affect the economy as well. The White House says every week that the shutdown drags on. It will shave another point one three percent off economic growth that's pretty small, but it adds up over time some eight hundred thousand federal workers are not being paid now. And that doesn't include the four million contracts. Workers. Many of whom are also going without pay. That's already beginning to affect the spending behavior of federal employees. There are people like Sophia got who works at NASA on a Mars exploration project. I mean, it's a dream job. I would just love to be able to do it right now. Bogart works on contract, which means she's mostly not getting paid. And unlike civil servants, she won't be made whole later, so she's given up dinners out, and exercise classes, and even sold her car to raise cash, it's changed the way I grocery shop, I've been consisting essentially on rice beans and vegetables, you know, I stopped buying pretty much any meat just because it's expensive and that kind of pullback on spending can lead to slower growth as a whole, especially in places with a lot of federal employees. Joseph Bruce Willis chief economist at RSM says their cities such as Ogden Utah site of a large IRS facility. He's a highly paid professionals educations for receiving income. We're going to see at least at this point at least two paychecks missed by these individuals that's an entire month of pay. And that's only the initial impact of the shutdown. Macroeconomic advisers, founder Joel says sooner or later the suspension of so many government services begins to affect the broader economy federal workers process. Housing loans, pay tax refunds and approved food labels. The fact that they're not doing that. Now keeps businesses from operating and then what about disruptions because public transportation is delayed courts are closed inspections or not being done. All all of that, the shutdown comes at a time when the US economy has been doing pretty well unemployment has been low, but Joseph Bruce Willis says the longer the shutdown lasts the more likely. It is that the job market will suffer. In fact, more jobs could be lost. Then created for the first. Time since twenty ten and he notes this comes at a time of ongoing trade tensions between the US and China as well. As an economic slowdown in Europe and Asia, you got what I would refer to growing then search tax will show up in less hiring unless business investment wants the slowdown ends congress is expected to pay federal employees back for the time. They've lost. But the huge disruption to the economy could leave other problems in its wake previous shutdowns have hurt business confidence and left people a lot less certain that the government can address the problems it faces and that could leave a residue of uncertainty. That's a lot harder to eliminate Jim zarroli NPR news New York in New York this morning. Protesters gathered outside the headquarters of Sony Music, Entertainment in Manhattan, the group is demanding that Sony drop R and B singer R Kelly this protest was the latest development in a long saga of accusations against Kelly that he has sexually and physically abused. Used young women for more than a quarter of a century outrage. Over the allegations erupted earlier this month following the six part lifetime TV docu series surviving R Kelly in which seven women accused Kelly of sexual and physical abuse NPR's on fuel costs reports that in the aftermath of the series, airing. There has been a protest at Kelly studio in Chicago and increased online pressure against the singer and several prominent musicians have spoken out against their former collaborator. Mark Kelly has been one of the biggest hit makers for RCA records, which is owned by Sony. One of the organizers of this morning's protest Napoli green told NPR's Colin wire that the label bears responsibility for Kelly's alleged abuses..

president congress Mark Kelly Sarah Sanders NPR New Jersey White House Joseph Bruce Willis Jim zarroli congressman Josh GOP Sony Ari Shapiro US Twitter R Kelly Kelly studio press secretary New York
"joseph bruce willis" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

09:43 min | 2 years ago

"joseph bruce willis" Discussed on WNYC 93.9 FM

"Both New York City and state officials say they are preparing to salt and plow roadways depending on accumulation. Tonight, partly cloudy. We'll have a low around twenty three degrees, currently thirty eight degrees. And it's overcast at six. Oh, six. Support for NPR comes from the Wallace foundation fostering improvements in learning and enrichment for disadvantaged children and the vitality of the arts for everyone ideas at Wallace foundation dot org. From NPR news. This is all things considered. I'm Ari Shapiro, and Mary Louise Kelley we begin this hour as we started our program for the last three and a half weeks with large parts of the federal government shutdown. There is no end in sight for the stalemate that has now stretched to twenty six days leaders on both sides are not talking but members of the house problem solvers, many of whom are Democrats had lunch with the president today. White House press secretary Sarah Sanders said on Twitter this afternoon that the meeting was constructive. And that the group now has a good understanding of what each side wants democratic congressman Josh Scott hammer of New Jersey was one of the members of that bipartisan meeting, and he joins us now. Welcome. Thanks for having me. Do you agree with Sarah Sanders that it was a constructive meeting? Do you feel like you have a better understanding of what the president wants? I certainly thought it was productive. We met as a bipartisan group in the situation room this morning. I think both sides listen to each other. I think we both walked away believing. There was a way forward. There is a way forward. You know, what we've made very clear is we've got to open up the government we've got to do. So now, there's a group that and I think significant group in congress of both parties and both as that are willing to sit down and talk to one another and and deal with some of the toughest issues in our country, but you've got to reopen the government, you know, our our security our safety our economy our archive been compromised, we've got millions of families suffering. So we've got to get the government reopen, but there's also a real desire for both sides to sit down and find a way forward so up until now Republican leaders have said they will not reopen the government without an agreement to fund the wall. Are you saying that seems negotiable now? I would say that. I don't wanna get into. It's okay. All the specifics of our conversation in in the room this morning. But I'll say that. I think both sides did listen to another as Sarah Sanders said on both sides heard where where he's coming from. And I think that's very important, which is why I think you've got to keep talking to another. We've gotta sit at the table because there's too much at risk. You've got to get the open. I know I think on some of the issues that many talking about we think there is a bipartisan agreement to be had. But it's very difficult to do. Under these circumstances. So you can't really have a proper discussion. These circumstances dramatically over simplify the possible. Endgame scenarios on one hand, either side could get everything they want the two more likely scenario seemed to be I congress agrees to fund a less than the president is asking for. I don't know. Maybe it's two point five billion rather than five billion. And the second scenario is that the government reopens the negotiation happens an agreement is reached on border security afterwards does one of those more likely to than the other at this point. Well, I think what's most likely that getting without revealing all the conversation. You know, I think what is most likely I believe a way out of this is that both sides are going to have to be willing to knock it everything they want those sides are going to have to be willing to put a little faith in actually in reopen the government, but also being willing to sit at the table and have these conversations and and and looking for that path pathway and toll we actually. Until we do that. It's very difficult to solve this problem. And I think what what we heard in this meeting and from both sides is there's a real desire to get out of this. But it's going to take us to your point on. He just said it's going to really take us willing to not get every both sides, not get everything they want to get most of what they want. You're saying that there is this was a constructive meeting is actually the most optimistic thing I've heard out of anybody in the last near nearly a month. So just in our final minute. What is the next step? Is it the leaders to get together with the president is it more lower level negotiations? Yes, or no, I I think the congress the negotiations that are going to happen over whether we're talking about. Immigration, fixing immigration and border security. Those those conversations have to happen at the leadership level. And I think we talked about that today. That's but but. The why I am. I thought the conversation. Your point was constructive. I I am optimistic because we're actually talking, and I think you need to do more of that. And that's the point. All right. Democratic congressman Joshua hammer of New Jersey. Thanks so much. Thanks, brad. Previous government shutdowns usually ended after a few days. This one has now gone on longer a lot longer. It's now at record length so trying to calculate its effect on the economy is more complicated, though. Even the Trump administration is now the shutdown will eat into economic growth NPR's, Jim zarroli reports White House economic adviser Kevin Hassett has sometimes downplayed the impact of the shutdown on the economy. But yesterday, he seemed to have a different take. He said the impact would be twice as much as previous estimates. Here. He was in an interview on FOX business network. The government workers that aren't getting pay are feeling the pain, and it's going to really affect the economy as well. The White House says. Every week that the shutdown drags on. It will shave another point one three percent off of economic growth that's pretty small, but it adds up over time. Some eight hundred thousand federal workers are not being paid now. And that doesn't include the four million contract workers. Many of whom are also going without pay. That's already beginning to affect the spending behavior of federal employees. There are people like Sophia Bogart who works at NASA on a Mars exploration project. I mean, it's a dream job. I would just love to be able to do it right now. Bogart works on contract, which means she's mostly not getting paid. And unlike civil servants, she won't be made whole later, so she's given up dinners out and exercise classes and even sold her car to raise cash, it's changed the way that grocery shop. I've been to testing essentially on rice beans and vegetables, you know, I stopped buying pretty much any meat just because it's expensive and that kind. Pullback on spending can lead to slower growth as a whole, especially in places with a lot of federal employees. Joseph Bruce Willis chief economist at RSM says their cities such as Ogden Utah site of a large IRS facility. He's highly paid professionals educations for receiving income. We're gonna see at least at this point at least two paychecks missed by these individuals that's an entire month of pay. And that's only the initial impact of the shutdown. Macroeconomic advisers, founder Joel says sooner or later the suspension of so many government services begins to affect the broader economy federal workers process. Housing loans, pay tax refunds and approved food labels. The fact that they're not doing that. Now keeps businesses from operating and then what about disruptions because public transportation is delayed courts are closed inspections or not being done. All all of that the shutdown. Comes at a time. When the US economy has been doing pretty well unemployment has been low, but Joseph Bruce Willis says the longer the shutdown lasts the more likely. It is that the job market will suffer intact. More jobs could be lost. Then created for the first time since twenty ten and he notes this comes at a time of ongoing trade tensions between the US and China as well. As an economic slowdown in Europe and Asia, you got what I refer to a growing search tax which will show up in less. Hiring business investment wants the slowdown ends congress is expected to pay federal employees back for the time. They've lost. But the huge disruption to the economy could leave other problems in its wake previous shutdowns have hurt business confidence and left people a lot less certain that the government can address the problems it faces and that could leave a residue of uncertainty. That's a lot harder to eliminate Jim zarroli NPR news New York in New York this morning. Protesters gathered outside the headquarters of Sony Music, Entertainment in Manhattan, the group is demanding that Sony drop R and B singer R Kelly this protest was the latest development in a long saga of accusations against Kelly that he has sexually and physically abused young women for more than a quarter of a century outrage over the allegations erupted earlier this month following the six part lifetime TV docu series surviving R Kelly in which seven women accused Kelly of sexual and physical abuse. NPR's Anastazia tool costs reports that in the aftermath of this series, airing. There has been a protest at Kelly studio in Chicago and increased online pressure against the singer and several prominent musicians have spoken out against their former collaborator. Our Kelly has been one of the biggest hit makers for RCA records, which is owned by Sony. One of the organizers of this morning's protest Nabala green told NPR's Colin Dwyer that the label bears responsibility for Kelly's alleged abuses..

NPR president Sarah Sanders congress R Kelly New York City New Jersey White House congressman Joseph Bruce Willis Sophia Bogart Jim zarroli Ari Shapiro Sony Twitter Wallace foundation US Josh Scott hammer Kelly studio
"joseph bruce willis" Discussed on 90.3 KAZU

90.3 KAZU

09:11 min | 2 years ago

"joseph bruce willis" Discussed on 90.3 KAZU

"From NPR news. This is all things considered. I'm Ari Shapiro, and Mary Louise Kelley we begin this hour as we have started our program for the last three and a half weeks with large parts of the federal government shutdown. There is no end in sight for the stalemate that has now stretched to twenty six days leaders on both sides are not talking but members of the house problem solvers, many of whom are Democrats had lunch with the president today. White House press secretary Sarah Sanders said on Twitter this afternoon at the meeting was constructive. And that the group now has a good understanding of what each side wants democratic congressman Josh got Heimer of New Jersey was one of the members of that bipartisan meeting, and he joins us now. Welcome. Thanks for having me. Do you agree with Sarah Sanders that it was a constructive meeting? Do you feel like you have a better understanding of what the president wants? Why certainly thought it was productive. We met as a bipartisan group in the situation room this morning. I think both sides listen to each other. I think we both walked away believing. There was a way forward. There is a way forward. You know, what we've made very clear, and we've got to open up the government we've got to do. So now, there's a group that and I think a significant group in congress of of both parties and both cars that are willing to sit down and talk to one another and and deal with some of the toughest issues in our country, but you've got to reopen the government, you know, our our security our safety our economy our archive been compromised, we've got millions of families suffering. So we've got to get the government reopen, but there's also a real desire for both sides to sit down and find a way forward so up until now Republican leaders have said they will not reopen the government without an agreement to fund the wall. Are you saying that seems negotiable now? Well, I would say that. I don't wanna get into. It's okay. All the specifics of our conversation in the in the room this morning. But I'll say that. I think both sides did listen to another as Sarah Sanders on both sides heard where where he's coming from. And I think that's very important, which is why I think you've got to keep talking to another. We've gotta sit at the table because there's too much at risk. You've got to get the government open. I know I think on some of the issues that many are talking about we think there is a bipartisan agreement to be had. But it's very difficult to do under these circumstances. You can't really have a proper discussion. These circumstances dramatically over simplify the possible. Endgame scenarios on one hand, either side could get everything they want, but the two more likely scenario seem to be I congress agreed to fund less than the president is asking for. I don't know. Maybe it's two point five billion rather than five billion. And the second scenario is that the government reopens the negotiation happens an agreement is reached on. Border security afterwards. Does one of those seem more likely than the other at this point? Well, I think what's most likely that getting without revealing all the conversation. You know, I think what is most likely I believe a way out of this is that both sides are going to have to be willing to knock it everything they want those sides are going to have to be willing to put a little faith in actually in reopen the government, but also being willing to sit at the table and have these conversations and and and looking for that path pathway, and and until we actually. Until we do that. It's very difficult to have this problem. And I think what what we heard in this meeting and from both sides, there's a real desire to get out of this. But it's gonna take us to your point on. You just said it's going to really take us being willing to not get everything both sides, not get everything they want to get most of what they want. You're saying that there is the constructive meeting is actually the most optimistic thing I've heard out of anybody in the last nearly nearly a month. So just in our final minute. What is the next step? Is it the leaders to get together with the president? Is it more these lower level negotiations? Yes, or no. I think the congress the negotiations that are going to happen over whether we're talking about. Immigration, fixing immigration and border security. Those those conversations have to happen at a leadership level. And I think we talked about that today. That's but but the why I am I thought the conversation to your point was constructive. I I am optimistic because we're actually talking, and I think we need to do more of that. And that's the point. All right. Democratic congressman Joshua hammer of New Jersey. Thanks so much. Thanks, brad. Previous government shutdowns usually ended after a few days. This one has now gone on longer a lot longer. It's now at record length so trying to calculate its effect on the economy is more complicated, though. Even the Trump administration is now ignoring the shutdown will eat into economic growth NPR's, Jim zarroli reports White House economic adviser Kevin Hassett has sometimes downplayed the impact of the shutdown on the economy. But yesterday, he seemed to have a different take. He said the impact would be twice as much as previous estimates. Here. He was in an interview on FOX business network. The government workers that aren't getting a pay are feeling the pain, and it's going to really affect the economy as well. The White House says every week that the shutdown drags on. It will shave another point one three percent off of economic growth that's pretty small, but it adds up over time some eight hundred thousand federal workers are not being paid now. And that doesn't include the four million contracts. Workers. Many of whom are also going without pay. That's already beginning to affect the spending behavior of federal employees. There are people like Sophia Bogart who works at NASA on a Mars exploration project. I mean, it's a dream job. I would just love to be able to do it right now. Bogart works on contract, which means she's mostly not getting paid. And unlike civil servants, she won't be made whole later, so she's given up dinners out, and exercise classes, and even sold her car to raise cash, it's changed the way that I grocery shop, I've been consisting essentially on rice beans and vegetables, you know, I stopped buying pretty much any meat just because it's expensive and that kind of pull back on spending can lead to slower growth as a whole, especially in places with a lot of federal employees. Joseph Bruce Willis chief economist at RSM says their city such as Ogden Utah site of a large IRS facility. He's a highly paid professionals who educations are income. We're going to see at least at this point at least two paychecks missed by individuals. That's an entire month of pay. And that's only the initial impact of the shutdown. Macroeconomic advisers, founder Joel cracking says sooner or later the suspension of so many government services begins to affect the broader economy federal workers process. Housing loans, pay tax refunds and approved food labels. The fact that they're not doing that. Now keeps businesses from operating and then what about disruptions because public transportation is delayed courts, your close inspections or not being done. All all of that, the shutdown comes at a time when the US economy has been doing pretty well unemployment has been low, but Joseph Bruce Willis says the longer the shutdown lasts the more likely. It is that the job market will suffer. In fact, more jobs could be lost. Then created for the first. Time since twenty ten and he notes this comes at a time of ongoing trade tensions between the US and China as well. As an economic slowdown in Europe and Asia, you got what I would refer to the growing in search tax which will show up in less hiring unless business investment wants the slowdown ends congress is expected to pay federal employees back for the time. They've lost. But the huge disruption to the economy could leave other problems in its wake previous shutdowns have hurt business confidence and left people a lot less certain that the government can address the problems it faces and that could leave a residue of uncertainty. That's a lot harder to eliminate Jim zarroli NPR news New York in New York this morning. Protesters gathered outside the headquarters of Sony Music, Entertainment in Manhattan, the group is demanding that Sony drop R and B singer R Kelly this protest was the latest development in a long saga of accusations against Kelly that he has sexually and physically abused. Used young women for more than a quarter of a century outrage. Over the allegations erupted earlier this month following the six part lifetime TV docu series surviving R Kelly in which seven women accused Kelly of sexual and physical abuse NPR's on Azure, tool costs reports that in the aftermath of the series, airing. There has been a protest at Kelly studio in Chicago and increased online pressure against the singer and several prominent musicians have spoken out against their former collaborator. Our Kelly has been one of the biggest hit makers for RCA records, which is owned by Sony. One of the organizers of this morning's protest Napoli green told NPR's Colin Dwyer that the label bears responsibility for Kelly's alleged.

president congress R Kelly Sarah Sanders NPR New Jersey White House congressman Joseph Bruce Willis Sophia Bogart Jim zarroli Ari Shapiro Sony Twitter US Kelly studio Josh
"joseph bruce willis" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

10:00 min | 2 years ago

"joseph bruce willis" Discussed on WNYC 93.9 FM

"Editor and has been credited for helping it whether the shift into the digital age by developing websites, like Volcker, the cut and grub street. Moss will be succeeded by New York's current business and strategy editor David Haskell who also co founded a small batch whiskey maker kings county distillery in Brooklyn navy yard tonight. Partly cloudy, low around twenty three degrees. Currently, it's thirty six degrees. Overcast in central park at four of six. Support for NPR comes from i-drive may grove remote PC, providing real time remote access to PC's Maxon servers from anywhere for use when telecommuting or for remote management. Learn more at remote c dot com slash NPR. From NPR news. This is all things considered. Ari Shapiro, and Mary Louise Kelley we begin this hour as we have started our program for the last three and a half weeks with large parts of the federal government shutdown. There is no end in sight for the stalemate that has now stretched to twenty six days leaders on both sides are not talking but members of the house problem solvers, many of whom are Democrats had lunch with the president today. White House press secretary Sarah Sanders said on Twitter this afternoon that the meeting was constructive. And the group now has a good understanding of what each side wants democratic congressman Josh Scott Heimer of New Jersey was one of the members of that bipartisan meeting, and he joins us now. Welcome. Thanks for having me. Do you agree with Sarah Sanders that it was a constructive meeting? Do you feel like you have a better understanding of what the president wants? Why certainly thought it was productive. We met as a bipartisan group in the situation room this morning. I think both sides listen to each other. I think we both walked away believing. There was a way forward. There is a way forward. You know, why we've made very clear is we've got to open up the government we've got to do. So now, there's a group that and I think a significant group in congress of both parties and both cars that are willing to sit down and talk to one another and and deal with some of the toughest issues in our country. But you've got to reopen the government, you know, our our security our safety our economy. Our our? I've been compromised we've got millions of families suffering. So we've got to get the government reopen, but there's also a real desire for both sides to sit down and find a way forward so up until now Republican leaders have said they will not reopen the government without an agreement to fund the wall. Are you saying that seems negotiable now? While I would say that. I don't wanna get into. It's okay. All the specifics of our conversation in the room this morning. But I'll say that. I think both sides did listen to another as Sarah Sanders. On both sides heard where where he's coming from. And I think that's very important, which is why I think you've got to keep talking to one another. We've gotta sit at the table because there's too much at risk. You've gotta get open. I think on some of the issues that many are talking about we think there is a bipartisan agreement to be had. But it's very difficult to do under these circumstances. So you can't really have a proper discussion. These circumstances dramatically over simplify the possible. Endgame scenarios on one hand, either side could get everything they want, but the two more likely scenario seem to be I congress agrees to fund less than the president is asking for. I don't know. Maybe it's two point five billion rather than five billion. And the second scenario is that the government reopens the negotiation happens agreement is reached on border security afterwards does one of those seem more likely than the other at this point. Why I think what's most likely without getting? Without revealing the conversation. I think what is most likely. I believe a way out of this is that both sides are going to have to be willing to knock it everything they want those sides are going to have to be willing to put a little faith in actually in reopen the government, but also being willing to sit at the table and have these conversations and and and looking for that path pathway, and until we actually until we do that it's very difficult to solve this problem. And I think what what we heard in this meeting and from both sides is there's a real desire to get out of this. But it's gonna take us to your point on. You just said it's going to really take us willing to not get every both sides, not get everything they want to get most of what they want. You're saying that there is this was a constructive meeting is actually the most optimistic thing I've heard out of anybody in the last nearly nearly a month. So just in our final minute. What is the next step? Visit the leaders to get together with the president. Is it more these lower-level negotiations? Yes, or no. I think the congress the negotiations that are going to happen over whether we're talking about. Immigration, fixing immigration and border security. Those those conversations have to happen at the leadership level. And I think we talked about that today. But but the why I am I thought the conversation to your point was constructive. I I am optimistic because we're actually talking, and I think we need to do more of that. And that's the point. All right. Democratic congressman Joshua hammer of New Jersey. Thanks so much. Thanks, brad. Previous government shutdowns usually ended after a few days. This one has now gone on longer a lot longer. It's now at record length so trying to calculate its effect on the economy is more complicated, though. Even the Trump administration is now acknowledging the shutdown will eat into economic growth and pure is Jim zarroli reports White House economic adviser Kevin Hassett has sometimes downplayed the impact of the shutdown on the economy. But yesterday, he seemed to have a different take. He said the impact would be twice as much as previous estimates. Here. He was in an interview on FOX business network. The government workers that aren't getting pay are feeling the pain, and it's going to really affect the economy as well. The White House says every week that the shutdown drags on. It will shave another point one three percent off of economic growth that's pretty small, but it adds up over time some eight hundred thousand federal workers are not being paid now. And that doesn't include the four million contract. Workers. Many of whom are also going without pay. That's already beginning to affect the spending behavior of federal employees. There are people like Sophia Bogart who works at NASA on a Mars exploration project. I mean, it's a dream job. I would just love to be able to do it right now. Bogart works on contract, which means she's mostly not getting paid. And unlike civil servants, she won't be made whole later, so she's given up dinners out, and exercise classes, and even sold her car to raise cash, it's changed the way that I grocery shop, I've been to testing essentially on rice beans and vegetables, you know, I stopped buying pretty much any meat just because it's expensive and that kind of pull back on spending can lead to slower growth as a whole, especially in places with a lot of federal employees. Joseph Bruce Willis chief economist at RSM says their cities such as Ogden Utah site of a large IRS facility. He's highly paid professionals educations for income. We're going to see at least at this point at least two paychecks missed by these individuals entire month of pay. And that's only the initial impact of the shutdown. Macroeconomic advisers, founder Joel practice says sooner or later the suspension of so many government services begins to affect the broader economy federal workers process. Housing loans, pay tax refunds and approved food labels. The fact that they're not doing that. Now keeps businesses from operating and then what about disruptions because public transportation is delayed courts are closed inspections or not being done. All all of that, the shutdown comes at a time when the US economy has been doing pretty well unemployment has been low, but Joseph Bruce Willis says the longer the shutdown lasts the more likely. It is that the job market will suffer. In fact, more jobs could be lost. Then created for the first. Time since twenty ten and he notes this comes at a time of ongoing trade tensions between the US and China as well. As an economic slowdown in Europe and Asia, you got whatever refer to growing in certain tax will show up in hiring. And let's business investment wants the slowdown ends congress is expected to pay federal employees back for the time. They've lost. But the huge disruption to the economy could leave other problems in its wake previous shutdowns have hurt business confidence and left people a lot less certain that the government can address the problems it faces and that could leave a residue of uncertainty. That's a lot harder to eliminate Jim zarroli NPR news New York in New York this morning. Protesters gathered outside the headquarters of Sony Music, Entertainment in Manhattan, the group is demanding that Sony drop R and B singer R Kelly this protest was the latest development in a long saga of accusations against Kelly that he has sexually and physically abused. Used young women for more than a quarter of a century outrage. Over the allegations erupted earlier this month following the six part lifetime TV docu series surviving R Kelly in which seven women accused Kelly of sexual and physical abuse NPR's dossier fuel cuss reports that in the aftermath of the series, airing. There has been a protest at Kelly studio in Chicago and increased online pressure against the singer and several prominent musicians have spoken out against their former collaborator. Our Kelly has been one of the biggest hit makers for RCA records, which is owned by Sony. One of the organizers of this morning's protest, Natalie green told NPR's Cohen Dwyer that the label bears responsibility for Kelly's alleged abuses..

president congress NPR R Kelly Sarah Sanders New York White House New Jersey Joseph Bruce Willis congressman Sophia Bogart Jim zarroli Ari Shapiro Sony kings county distillery Editor David Haskell Twitter US
"joseph bruce willis" Discussed on KCRW

KCRW

02:00 min | 2 years ago

"joseph bruce willis" Discussed on KCRW

"Let's do the numbers. In london. The footsie is down six tenths of a percent. Dow NASDAQ futures are up in the two to four tenths percent range with the Dow future up ninety six points. The US economy looks strong by many measures like job growth, rising wages, low unemployment and for a while both consumers and businesses were confident about the economy that confidence now appears to be slipping at least on the business side. Marketplace's Mitchell Hartman reports a quarterly survey of CEO's finds that after soaring over the past two years confidence in the economy has fallen back to pre twenty sixteen election levels. Joe Galvin directs research at vista stage an advisory firm for small and medium sized businesses. Just forty four percents thought the economy had recently improved. That's a twenty point drop from last quarter. So very Sunday reversal CEO's say they're worried about rising wages and interest rates the trade war, and now there's the partial government shutdown. Mike Bray owns a pair of hobby shops in Maryland with two dozen employees within a few days of talk of. Government shutdown. We notice things slowing a fourth quarter. The had started very well. Suddenly seemed to tighten up Joseph Bruce Willis that our SM consulting says economic and political problems are piling on now causing what we call it growing uncertainty tax on the economy. He predicts businesses will hold back on investment and expansion plans while that uncertainty reigns. I'm Mitchell Hartman for marketplace. The securities and Exchange Commission says hackers infiltrated its network and stole earnings reports from various companies that had yet to announce them publicly. The hackers and associates then use that information to make millions in the stock market. This is all according to a criminal complaint filed by prosecutors against two Ukrainian men the heck happened over the course of a year between two thousand sixteen in two thousand.

Mitchell Hartman CEO Joseph Bruce Willis Dow Mike Bray Joe Galvin US london Exchange Commission Maryland two years
"joseph bruce willis" Discussed on BBC Radio 4

BBC Radio 4

02:22 min | 3 years ago

"joseph bruce willis" Discussed on BBC Radio 4

"Lambie senior investment director at invested wealth an investment now there was a big us uk trade conference in birmingham today liam fox the trade secretary will be speaking among others it comes of course justice donald trump has wax european aluminium and steel exports with big tarazi threatening to do something similar with cars joseph bruce willis is the chief economist of the us psalmody kennedy firm rsm he joins us from beaming he's attending the conference joseph these terrorists don't or go well on the face of it at least for that free trade deal which which we talk about so much between the us and the uk we'll good morning dominic in washington right now what i'm seeing is is that there's a move the bipartisan move actually in the us senate to put constraints on the ability of the president to use wouldn't us called section two three to national security that's right and and actually what it does is it's it's it's proposed so that it's retroactive up to two years which would essentially stop the ability of the president to impose these these tariffs on steel aluminum and autos so you think actually the the the the congress might take action to tie trump's hands and would that mean the retrospective retrospective nature of what would that mean that the tariffs never come into effect i would think that the president keeps his own counsel on his preferences of trade he certainly prefers bilateral trade agreements and he wants tariffs across a range of of goods and services so i expect this to continue for the rest of the trump presidency we're talking about on this program today about the ins and outs of bricks and where do we stay in or out of a customs union all it's all the details of this is coming to ahead is there any chance at all of the us uk free trade deal if by some stretch of imagination the uk did stay in the eu customs zone that's going to be up to lawyers here in in great britain i think that since the the brexit vote the us commercial community has put together a a really good forwardlooking plan for an eventual fda between the us and the.

birmingham liam fox secretary donald trump chief economist us uk dominic washington president congress britain joseph bruce willis senate eu two years
"joseph bruce willis" Discussed on KQED Radio

KQED Radio

02:09 min | 3 years ago

"joseph bruce willis" Discussed on KQED Radio

"All right so the jobs report this morning was underwhelming one hundred and three thousand new jobs added to the economy in march well below expectations part of that of course was weather a super harsh march after an unusually mild february and really you average it all out we're still adding about two hundred thousand jobs a month this year which is good except for this you might call it the ghost of jobs reports to come because this run of economic growth that we are having well it's getting very long in the tooth as marketplace's mitchell hartman reports job growth in march economists pretty much agreed it was mediocre soft but then economists rob hayworth at us bank told me this in general we think this is consistent with where we are in the economic cycle which were pretty late in the economic cycle we have a pretty mature jobs market at this point the economic expansion is now one of the longest since world war two we're at or near what economists call full employment with so few people still looking for work that labor short ages develop an employer's have to hike wages aggressively to attract workers economist joseph bruce willis consulting firm our sm deliver market has been tight over the next ten years there's gonna be a shortage of around eight and a half million workers primarily due to the demographic transition we're going through is the debut one retires and what does that mean in terms of future job growth about eighty thousand jobs a month to keep the unemployment rate stable which will look pretty lousy compared to the job growth we've seen for the past few years but would it be a sign of bad times to come dan north at euler hermes provider of business insurance says not at all he visits companies all over the country business conditions are just terrific demand is through the roof the problem that employers are facing gets that they can't find employees at least employees with the skills they want at the wages they wanna pay to contribute to the bottom line i'm mitchell hartman for marketplace the trump administration kick things up a notch or two with russia today while president trump says he still does want to have a good relationship with vladimir putin this morning the.

rob hayworth mitchell hartman russia trump vladimir putin us joseph bruce willis euler hermes president ten years
"joseph bruce willis" Discussed on Marketplace All-in-One

Marketplace All-in-One

02:03 min | 3 years ago

"joseph bruce willis" Discussed on Marketplace All-in-One

"Shortages develop an employer's have to hike wages aggressively to attract workers economist joseph bruce willis at consulting firm our sm deliver market has been tight over the next ten years there's gonna be a shortage of around eight and a half million workers primarily due to the demographic transition we're going through the be when retires and what does that mean in terms of future job growth but eighty thousand jobs above to keep the unemployment rate stable which will look pretty lousy compared to the job growth we've seen for the past few years but would it be a sign of bad times to come dan north at euler hermes provider of business insurance says not at all he visits companies all over the country business conditions are just terrific demand is through the roof the problem that employers are facing it's that they can't find employees at least employee's with the skills they want at the wages they wanna pay to contribute to the bottom line i'm mitchell hartman for marketplace the trump administration kick things up a notch or two with russia today while president trump says he still does want to have a good relationship with vladimir putin this morning the treasury department announced personal economic sanctions on seven russian billionaires who are close to putin oligarchs is the term as well as seventeen senior officials in the russian government marketplace's nancy marshall genzer explains who these people are and why they are being sanctioned the us sanctions freeze assets held in the us generally prohibit any business dealing with americans and bar transactions involving dollars the seven oligarchs were targeted are among the closest allies of russian president vladimir putin some got their start in the chaotic postsoviet russia the nineteen nineties robert leg bold is professor emeritus at columbia university they were essentially stealing assets often state assets or they were rigged deals he's talking about people like oleg derek pasha who allegedly has ties to president trump's former campaign chairman paul manafort the treasury department accuses pasha of money.

robert leg chairman professor president euler hermes joseph bruce willis paul manafort oleg derek pasha columbia university us nancy marshall genzer treasury department vladimir putin trump russia mitchell hartman ten years