Detailed text transcripts for TV channel - CNN - 20180517:08:38:00
Capital spending. $166 billion during the first three months of 2018. a 24% jump. capital spending helps the broader economy. biggest spenders like tech, oil, telecom and carmakers. he criticized the initial rush to spend on the shareholders. noting share buy backs are unpopular with the public. and in raises or bonuses, $6 billion. and in buyback, $375 billion. that is the windfall is going. >> good news if you are a republican running on the tax cuts? >> i think it is good news. i'm glad the companies are spending this money. this could be the best first quarter in history. >> i hope we see ...