The Obama administration is taking China to the World Trade Organization Tuesday. The move is aimed at pressuring China to ease restrictions on rare earth minerals. The minerals are critical to high-tech production of electronic products and military technology — from iPads to smart bombs.
Thanks to high commodity prices and surging productivity, U.S. farmers earned a net income of nearly $98 billion last year — a record, according to analysts. Economists say two major factors have been driving up demand: exports and ethanol.
The odds you'll ever see your lost cellphone again are 50-50, according to a study by security firm Symantec. That's the company behind the Norton antivirus software. Symantec purposely lost smartphones in public areas to see if the finders would return them to their owners.
What is remarkable is that those who bought bonds will get a tiny rate of return. Renee Montagne talks to David Wessel, economics editor of The Wall Street Journal, about what the results mean, who's buying Treasuries and how the borrowed funds are being spent.
Thanks to tech companies, Utah generated jobs at a faster rate than any other state in the country — with the single exception of North Dakota. The outdoor life is attracting thousands of workers, but the boom is also being fed by the recruitment of top researchers and venture capital investment — a formula that helped create Silicon Valley.
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