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China GDP forecast improves as growth surpasses estimates

Bloomberg Economists raised their forecasts for China’s economic output after growth in the first half beat estimates. That robust activity is giving policy makers’ room to curb excessive and speculative borrowing. China’s gross domestic product will expand by 6.7 percent from a year ago in the third quarter and 6.6 percent in the fourth quarter, according to the median of ...

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Self-driving buses, robot aides could double Singapore growth

Bloomberg The rise of the machines is coming. In technology-proficient Singapore, their integration into the economy could help the domestic growth rate to almost double and significantly lift labor productivity, according to a report by consultancy Accenture. It found that artificial intelligence, once fully adopted, might lift Singapore’s annual growth rate to 5.4 percent in 18 years. That would be ...

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How the health care is controlling Americans

If we learned anything from the bitter debate over the Affordable Care Act (Obamacare) – which seems doubtful – it is that we cannot discuss health care in a way that is at once compassionate and rational. This is a significant failure, because providing and financing health care has become, over the past half-century, the principal activity of the federal ...

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