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ECONOMY

The Folly of China’s Hard-Tech Strategy

Chinese President Xi Jinping arrives for the National Day reception on the eve of the 71st anniversary of the founding of the People’s Republic of China in Beijing, September 30, 2020. (Thomas Peter/Reuters) Xi may see consumer…

New Poll Shows Biden Approval Rating At All-Time Low

According to a new Rasmussen Reports poll released on Wednesday, President Joe Biden’s approval rating has sunk to its lowest point since he entered the White House. The poll conducted in July found that the number of Americans who approve…

Weekly Jobless Claims Climb Well Above Expectations

The latest weekly jobless claims report shows a sizable jump, rising well over last week’s figures and shattering expert expectations, yet another sign that the job market under President Biden is sputtering. CNBC reports that claims for…

What the Blue Wave Means for Economic Policy

President-elect Joe Biden discusses health care plans during a news conference in Wilmington, Del., November 10, 2020. (Jonathan Ernst/Reuters) Welcome to the Capital Note, a newsletter about business, finance, and economics. On the…