Apple says it sold more than 5 million of its new IPhone over the weekend. The iPhone 5 sold better than the last version. But sales were not as strong as many analyst expectations, and there are concerns about Apple's ability to keep up with demand.
Thirty years ago, shouting, sweating traders thronged the trading pits of Chicago's exchange markets in barely controlled chaos. Today, a lot of the trading has left the pits and gone electronic, leaving Chicago's trading pits tamer places.
In recent years, China's status — like its economy — has continued to rise as the economies in America and Europe have struggled. That shift isn't just reflected in economic numbers, and some American business people in China say they don't feel as respected or as valued as before.
The risks to the global economy from trouble in Europe have diminished somewhat in recent weeks, according to Christine Lagarde, managing director of the International Monetary Fund. But she says the dangers from the so-called "fiscal cliff" in the U.S. have increased.
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