Showing 1-10 of 15 results
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U.S., Europe Need Grand Bargain on Chips and EVs to Counter China
Business, Published on 09/12/2022
» The U.S. and its allies agree they need to reduce their dependence on China. They also agree none can do so alone: No country is big enough to sustain an entire supply chain.
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New Era of Supply Shocks Risks Years of Inflation
Business, Published on 29/04/2022
» Inflation is the result of demand growing faster than supply. Central banks can deal with the demand part. The problem is that the world they confront in coming years might be one of recurrent supply shocks.
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Memo to Biden: Stimulus Is Easy. Investment Is Hard.
Business, Published on 02/04/2021
» President Biden's ambitious agenda to remake the American economy comes in two stages. Stage one, the $1.9 trillion American Rescue Plan, is intended to jolt the economy back to life with a huge dollop of old-fashioned Keynesian demand-side stimulus. Mr. Biden should be pleased with the results: as checks have landed in consumer bank accounts, growth has begun to surge.
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US Jobless Claims Reach Lowest Level of the Pandemic
Business, Published on 27/03/2021
» Jobless claims fell to their lowest level of the pandemic last week as stronger hiring and consumer spending drive a U.S. economic revival.
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What's Driving Everything From a Market Frenzy to an Embrace of U.S. Deficits? Magical Thinking
Business, Published on 01/02/2021
» The Wall Street bulls embracing sky-high stock values and the Washington pols embracing big deficits may be ideological opposites, but they have something important in common. Both draw sustenance from near-zero interest rates which make stocks more valuable and debt more supportable. And both risk taking this basically sound logic to extremes.
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Covid-19 Propelled Businesses Into the Future. Ready or Not.
Business, Published on 28/12/2020
» For many who crossed the digital divide this year, there will be no going back.
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The WTO Couldn't Change China, so Robert Lighthizer Found Another Way
Business, Published on 23/10/2020
» After President Trump imposed steep tariffs on Chinese imports in 2018, Beijing did what aggrieved trading partners typically do: It complained to the World Trade Organization. Last month, a WTO panel ruled in its favor, declaring most of the U.S. tariffs violated the organization's rules.
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Globalization Is Down but Not Out Yet
Business, Published on 30/04/2020
» Globalization was on the ropes when the pandemic delivered a gut punch. Barriers to trade and immigration, already on the rise, have been joined by travel bans, border closures and restrictions on medical exports. Trade volumes are in free fall.
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Economics vs. Epidemiology: Quantifying the Trade-Off
Business, Published on 17/04/2020
» The rising economic toll of pandemic-induced shutdowns is fueling suspicions that government leaders are listening too much to epidemiologists and not enough to economists.
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The Fed's Emergence as a Power Player Poses New Risks to Its Independence
Business, Published on 13/04/2020
» On Wednesday, investors put the probability that Ford Motor Co. would default on its debts at around 20%. By Friday, that had plunged to 14%.
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