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How the shale boom has been keeping the US afloat

The US current account deficit grew a bit at the end of last year, to $128.2 billion in the fourth quarter from $101.5 billion in the third quarter, according to data released by the Bureau of Economic Analysis. That amounts to 2.6 percent of gross domestic product, which from the perspective of the past 15 years or so isn’t all ...

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Life of Foxconn after Apple depends on a bit of nostalgia

Ah, nostalgia. It keeps the Star Wars movie franchise ticking over and drives Bruce Springsteen concerts. It’s also a theme for Foxconn Technology Group’s strategy to wean itself off Apple Inc. First came the FIH Mobile Ltd. decision two years ago to bankroll a revival in the Nokia name. This week, fellow Foxconn affiliate FIT Hon Teng Ltd. announced it’s ...

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Protect your data, then hope for a tech revolution

Sir Timothy Berners-Lee, credited with inventing the World Wide Web, tweeted up a storm on Thursday, reassuring internet users that they could reassert control over their data — and the web’s future — after the Cambridge Analytica-Facebook scandals. He’s right, but not necessarily in the way he imagines. “What can Web users do?” Berners-Lee wrote. “Get involved. Care about your ...

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