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Chinese consumers may need to learn to save again

For years, economists and policymakers have hailed the propensity of Chinese to save. Among other things, they’ve pointed to low household debt as reason not to fear a financial crash in the world’s second-biggest economy. Now, though, one of China’s greatest economic strengths is becoming a crucial weakness. Over the past two weeks, as they’ve held their annual work meetings, ...

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Apple can define its success the way it wants

Apple proclaims each new iPhone model is the best one it has ever made. The company says every software update is better than the last. In general, Apple believes everything it does is awesome. There’s a consequence to declaring victory no matter what: it becomes impossible to define success. One example is the Apple Watch. In April 2016, one year ...

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The machines are taking over space exploration

People concerned about robots taking away jobs might want to consider where it’s already happened. Machines with varying levels of intelligence have quietly taken over the most glamorous, coveted and admirable job in the world — space exploration. It’s not that people can’t still be astronauts — it’s just there aren’t nearly enough jobs for all the people with the ...

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