Economic Indicators

Amazon HQ expansion means tough fight for talent

Some of the industries that have defined New York City and the Washington, D.C., area will face increased competition for talent when Amazon sets up shop in their territory, with plans to hire 50,000 new workers amid the tightest job market in decades.

Acrimonious Pacific summit underscores China-US tensions

Pacific Rim leaders at a key Asian summit failed to reach agreement on a joint declaration on world trade for the first time in nearly three decades, highlighting the growing tensions between China and the U.S. The Asia-Pacific Economic Cooperation summit's acrimony also underscored the rivalry between China and the West for influence in the South Pacific, where Beijing has been wooing impoverished island states with aid and loans.