All Economy
World's economies grow in sync, but US and Europe lag behindProsperity rises in emerging-market nations from India and Vietnam to even battered Brazil. But slower growth in advanced聽nations raises worries of a low-growth future.
Amazon鈥檚 50,000 new jobs? Why some cities don鈥檛 play tax-break game.Competition among cities to offer tax breaks, aiming for an influx of high-paying jobs, has been intense. But some mayors opted out, saying real development isn't about one-off deals.
First LookAmazon, Facebook, and others see opportunity in Mexico CityIn reaction to anti-immigration sentiment in the US, some tech giants are setting up operations in Mexico, hoping to retain and attract foreign tech talent.
NFL owners to meet, with racial divide on the agendaSometimes sports become a venue for overcoming racial tensions. Amid anthem protests, pro football has a high-profile opportunity.
Trump takes executive action against Obamacare, but at what political cost?An executive order could allow insurers to offer less-than-full medical coverage, which are likely to draw healthier Americans from more expensive plans that help subsidize coverage.
First LookHow Trump's tax plan could affect mortgage interest deductionPresident Trump proposes聽double the standard deduction for mortgages but only if homeowners don't take itemized deductions. Only homes worth $801,000 or more would qualify for the deduction.聽Those who do itemize, could end up paying more taxes.
First LookNobel Prize winner for economics winner outlined policy that takes human foibles into accountUniversity of Chicago professor Richard Thaler聽won Nobel Prize for documenting the way people鈥檚 behavior doesn鈥檛 conform to economic models. Mr. Thaler's work聽has helped change how economists look at trends.
Combating fake news may force big changes at Facebook, TwitterAs social media giants and Google face pressure to counter manipulation of their political content, the task is to temper a data-driven emphasis on customer engagement with social responsibility.聽
Quicker than expected, auto industry revs up for an electric-car futureSome experts project electric vehicles could make up more than half of car sales by 2040, projections that GM, Ford, Volkswagen, Chinese automakers, and others are taking seriously all of a sudden.
First LookDespite progress in global economy, help is still needed for those left behind, IMF saysWhile聽75 percent of the world is experiencing an economic upswing, many are still suffering. Christine Lagarde, managing director of the International Monetary Fund, posed three suggestions to bridge inequality in an address at Harvard University.聽
First LookEU to Amazon: you owe $295 million in taxesAmazon is the latest multinational corporation to come under EU's crackdown on tax loopholes. The EU says that Amazon has avoided paying nearly three quarters of the taxes it should have paid to Luxembourg.聽
First LookUS solar companies ask for protection from foreign importsThe US International Trade Commission is hearing proposals from US based solar companies that would like tariffs imposed on foreign panel makers. While the cheaper foreign panels have benefited customers, the low prices have hit domestic solar manufacturers hard.聽
Wisconsin goes big to lure a factory. Critics say it doesn鈥檛 make sense.Tax breaks worth $3 billion draw a giant Foxconn plant for up to 13,000 workers to make display screens. But economists question the math of an arms race for jobs, and say it advantages big firms at the expense of startups.
As Fed normalizes policy, economy鈥檚 鈥榥ew normal鈥� is anything but.The Federal Reserve is launching a major transition away from the extraordinary measures it used to boost recovery from recession. But the problem of sub-par economic growth remains.
The ExplainerEquifax breach: What you can do ... and what public pressure may doHackers broke into the credit-report company Equifax and stole personal data on up to 143 million Americans. Individual actions can help control the damage. And collective action may lead to new safeguards.
How to fix US politics? Maybe start by seeing it as an 鈥榠ndustrial complex.鈥�America鈥檚 political dysfunction stems from a duopoly structure that鈥檚 been amplified in recent decades, a new report argues. Some states may already be pointing toward solutions that better serve the public interest.
First LookLegally sourced chocolate could help end deforestation in West AfricaThe spread of illegal cocoa plantations, which supply beans to popular candy brands, have caused widespread deforestation across much of the Ivory Coast's protected land reserves. The solution lies in the hands of consumers: buy fair-trade chocolate.聽
First LookDespite Brexit, European economy shows signs of momentumBolstered by consistent economic growth the EU is looking toward a brighter future. Plans for greater security, a halt to new membership, and a revamped approach to the refugee crisis are a few of the items on the new agenda.聽
First LookJapan helps to ready India's first bullet train, edging out ChinaJapan and India are joining forces to compete with China as that nation targets infrastructure investments across Asia. The 311-mile-long high-speed rail will link the financial hub of Mumbai and the industrial city of Ahmedabad in western Gujarat.
US oil industry, stronger than during Katrina, expects rapid recovery from HarveyLast week's hurricane caused gasoline prices to jump 27 cents, only about half the increase Americans saw after the 2005 Katrina storm. Why? Because the energy industry has far more flexibility than it did 12 years ago.
