China is in the early stages of shifting its growth equation away from exports and investment to consumption demand. Will it succeed? We talk to economist Stephen Roach, an expert on the Chinese economy, to discuss this shift and why China's downturn is affecting the rest of the world.
The U.S. economy added 151,000 jobs in January, and the unemployment rate inched down to 4.9 percent. Wages may have risen by 12 cents in January, but over the year, wages have only increased 2.5 percent.
+Keith Simonian As usual,you live in a world of Utopia and Unicorns,Rainbows. I live in the real world,and started working at about 8 years old and continued until I retired. The past is just that,the past. Get over it!