Today, President Joe Biden took a decisive step by signing a bill that could ban TikTok in the U.S. unless its Chinese owner, ByteDance, divests from the company within nine months. This move echoes a long history of limiting foreign ownership of communications companies, dating back to the founding of this country. Also in this episode: Boeing’s financial woes, the NBA’s media bidding war and New England’s free college frenzy.
Breaking Ground: Where are all the jobs?
Breaking Ground: The plants were there first
Breaking Ground: A visit to the “Silicon Desert”
Keep on truckin’
A looming deadline for student loan forgiveness
GDP grows more slowly than expected
The business cycle is getting less cyclical
A new spin on the yard sale
It’s a good time to be an asset owner
Will AI be the dot-com bubble all over again?
Steel tariffs déjà vu
Slow and steady global growth
Playing an economic guessing game
The subminimum wage for tipped workers is on the table
The ECB could beat the Fed to rate cuts
Hear that? That’s the sound of millions of Americans dusting off their ACs.
Copper prices are climbing
Messaging matters
Cool your jets! Hold your horses! Slow your (manufacturing) roll!
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