Amid seemingly unstoppable urges to use enormous means to confront America’s strategic adversaries everywhere around the globe, the U.S.monetary authorities worry about a deflationary economy, crashing bond yields, ominous economic growth signals from a flattening yield curve and fiscal policy’s inability to control soaring public debt and intractable budget deficits. [Dr. Michael Ivanovitch| September 11, 2017…
WASHINGTON — Stephen K. Bannon has held court in the Capitol Hill townhouse of Breitbart Media since he packed up his West Wing office last month, meeting with conservative lawmakers, advocating hard-line policies on undocumented immigrants and waging gleeful war on those he considers traitors to the Trump cause. [MARK LANDLER| September 8, 2017 | The New…
TIANJIN, China — Volkswagen, the German auto giant, is preparing for a swift expansion in its output of electric cars next year — and the biggest jump in production will be in China. General Motors is making China the hub of its electric car research and development. Renault-Nissan, the French and Japanese carmaker, and Ford Motor have hustled…
RICHMOND, Va.—Pressed for workers, a New Jersey-based software company went hunting for a U.S. city with a surplus of talented employees stuck in dead-end jobs. [Jennifer Levitz| September 5, 2017 | The Wall Street Journal] Brian Brown, chief operating officer at AvePoint, Inc., struck gold in Richmond. Despite the city’s low unemployment rate, the company had…
Deep-pocketed U.S. investors trying to expose fraud they allege among companies in mainland China have found a new way to promote their cause: a feature film. [ Steven Russolillo and Vipal Monga| September 10, 2017 | The Wall Street Journal] A documentary called “The China Hustle” premiered Friday at the Toronto International Film Festival. The 84-minute film features prominent…
For retailers, the robot apocalypse isn’t a science-fiction movie. As digital giants swallow a growing share of shoppers’ spending, thousands of stores have closed and tens of thousands of workers have lost their jobs. [Greg Ip| September 5, 2017 | The Wall Street Journal] Belinda Duperre, who sold jewelry at Sam’s Club in Fall River,…