US must innovate faster to counter China’s tech rise, lawmakers told

Rail merger is American supply chain game-changer

Most Americans associate innovation with new technologies. But modernization is equally important in the industries that move goods, power factories, and connect markets. An economy cannot remain dynamic if its infrastructure is trapped in the past. That reality is at the center of a consequential decision now facing federal regulators: whether to approve the nation’s []

Silicon Valley Is on a Lobbying Spree in California

Big Tech has grown enormously due to tactics such as price gouging and anticompetitive mergers and acquisitions. New legislation to address these in California faces a stiff and very well-funded resistance.

McKinsey chairs: Building a more resilient industrial base may require $2 trillion in investment

U.S. factories could replace half the trade deficit just by running harder. Closing the gap on semiconductors and other critical goods is a much bigger lift.

China and the emergence of new connectivity networks

​​​​​​​TEHRAN - In recent decades, China’s rapid industrial and economic growth has gone far beyond simply increasing production or expanding trade. A more significant outcome has been the emergence of new connectivity networks in the global economic and political system. By connectivity networks, we refer to the complex web of trade routes, financial linkages, technological platforms, and infrastructure corridors that connect countries and shape patterns of global interaction. Over the past three decades, China’s economic rise has played a major role in building and strengthening such networks.

Wall Street Week | USMCA: Can North America’s Trade Deal Survive?

This week, a special edition of Wall Street Week on the USMCA trade deal. The renegotiations are testing the future of an auto industry built on decades of cross-border integration. And, American farmers increasingly depend on exports to Canada and Mexico as other overseas markets become more difficult to access. Plus, years of infrastructure investment have created an energy market that crosses borders more easily than political narratives suggest. Later, can three countries with different priorities still agree on a common economic vision? (Source: Bloomberg)