Japan Tries to Reclaim Its Clout as a Global Tech Leader
Japanese chip companies are tapping billions of dollars and collaborating with foreign firms as part of new government policies that look outward. Source link
U.S. Job Market Shifts to Lower Gear
Employers added 142,000 jobs in August, fewer than economists had expected, and previous months were revised downward. Source link
Why Low Layoff Numbers Don’t Mean the Labor Market Is Strong
Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later. Source link
For the Fed, a Sign That the Job Market Is Cooling but Not Cracking
Fed officials are hurtling toward a rate cut this month, but Friday’s jobs data left their options open on the size of that reduction. Source link
Trump’s Promises to Cut Inflation Are Unrealistic, Many Economists Say
Economists and analysts are dubious of Trump’s promises to slash gas prices or prod interest rates lower. Source link
Trump and Democrats Agree: U.S. Needs a National Wealth Fund for Investments
Donald Trump has suggested he wants one, and the White House indicated that it has been quietly working on a proposal to set one up. Source link