Marketplace Morning Report for Friday, October 18, 2013
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.
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.
