In a new book, analyst Dan Wang uses "engineering state" vs. "lawyerly society" to explain how China got ahead and America stagnated.
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The Federal Reserve held interest rates steady on Wednesday, amid signs of easing inflation. The central bank signaled that its benchmark borrowing rate may start to fall next year. -
The S&P 500 has surged this year, but most of those gains are thanks to a handful companies nicknamed "the Magnificent Seven." And that's worrying Wall Street. -
The place is now known as Brick N Barn. -
California’s rent cap doesn’t apply to low-income housing, which has its own rules. With inflation, some tenants have gotten much higher rent increases. -
Californians have said they experienced added difficulty over the past year in getting car insurance. Insurer rates have gone up more than usual. -
The multinational fashion retailer Zara said it regrets a "misunderstanding" about its latest ad campaign after public outcry over images that some said evoked the war in Gaza. -
Additionally, sales of attached properties such as condominiums and townhomes were nearly 15% lower than the previous month. -
Three environmental groups and the California Public Utilities Commission are in court this week to debate the merits of the state’s new rules for rooftop solar. -
Jones has been banned from most major social media platforms for spreading falsehoods, like saying school shootings are faked, and that survivors and parents of slain children are crisis actors. -
The United Arab Emirates is a major oil producing nation, and that's drawing attention to the role oil and gas has at this year's COP28 climate negotiations.
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