Marketplace Morning Report for Friday, October 18, 2013
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China's economy is growing faster than expected. GDP is now running at an annualized rate of 7.8 percent, fueled in part by easy credit. With the debt ceiling raised for a while and the government reopened, President Obama is calling for lawmakers to buckle down and get to work on such sweeping matters as the half-trillion dollar farm bill and the overhaul of the immigration system. On that last one, there's renewed attention to a little-known directive from Congress known as the "bed mandate." And, the musical "The Lion King" will break a Broadway record this week. It will be the first show to gross more than $1 billion.
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Posted In: Bernanke, Ben Bernanke, Janet Yellen, Federal Reserve
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The business community helped elect some Tea Party Republicans to Congress -- and they weren't happy with the shutdown and debt ceiling fight. The British government is trying to prohibit The Wall Street Journal from publishing the names of trades implicated in the LIBOR scandal. And, China's GDP is growing as leaders look to make economic reforms.
Posted In: Immigration, immigration reform
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Posted In: Julian Assange, wikileaks, whistleblowers
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