Businesses are spending for the future

Segments From This Episode

• Survey finds an uptick in business spending on equipment

  by Justin Ho

  

  The increase in capital expenditures is one of several signs that businesses anticipate strong growth in the near future.

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• The market is taking prospects of higher taxes for the wealthy in stride

  That’s according to Julia Coronado, founder and president of MacroPolicy Perspectives. Coronado said that expectations for very strong GDP growth in the first quarter are probably helping to offset “the pain” of potential increases on taxes for the wealthy. Meanwhile, Coronado said, the Federal Reserve is likely to stick to its “very patient message” that it will not even think about changing policy until there’s enough data to prove the economy is in a stable, self-sustaining place.

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• Eau de livestock, anyone?

  by John Laurenson

  

  France has passed a law to protect the sounds and smells of the countryside as a way to preserve French heritage.

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