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.
During March Madness, there's no shortage of options to watch basketball games. Fans can watch on their TVs at home or stream it on a computer at work. But the hot ticket this year is streaming it on a smartphone.
Residents of the Gulf Coast are warily evaluating the BP settlement deal in the Deepwater Horizon case. Some were hurt during clean-up of the oil spill, others lost their businesses and still others lost family in the rig explosion. But they are coming to different conclusions about whether the deal is a good one.
Officials in Beijing are telling government departments to stop buying Audis, and instead drive the Red Flag, which is China's version of the luxury sedan. It used to shuttle Communist luminaries like Chairman Mao. It was, however, phased out two years ago as a gas guzzler.
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