President-elect Donald Trump inherits an economy in much stronger shape than at either of the past two inaugurations, but major questions loom over how he can boost productivity and deliver on his growth promises.
U.S. highway safety regulators closed a probe of Tesla Motors’ Autopilot system without seeking a recall or other action against the Silicon Valley auto maker after a six-month investigation failed to uncover a defect in the semi-automated technology in use during a fatal crash last year.
The prospects for accommodation between Donald Trump and China might seem bleak. But there is one reason for optimism: despite all the bluster, both sides have far more to lose than they are letting on.
President Barack Obama took office in the middle of a financial crisis with Corporate America hemorrhaging jobs. He leaves with stocks near record highs and 75 straight months of job creation. Yet his economic legacy is marred by a long run of slow wage growth, low worker productivity and the slowest economic expansion in post-World War II history.
The FTC’s lawsuit against Qualcomm is part of an escalating international regulatory battle that has laid bare tensions between the dominant maker of smartphone chips and some of its biggest customers.