Correspondent, Washington
Jason's Feed
Jul 3, 2015

For Fed, a muddled jobs report even as U.S. employment continues to expand

WASHINGTON (Reuters) – A mixed U.S. jobs report on Thursday may not give Fed chair Janet Yellen the “decisive evidence” of labor market recovery she wants to see before raising interest rates.

The June employment report showed a modest jump in jobs but no wage growth, a renewed fall in the labor force participation rate, and no improvement in some of the weak corners of the economy that Yellen watches closely.

Jul 2, 2015

Despite bad month for U.S. wages, data suggests a rebound looms

WASHINGTON, July 2 (Reuters) – America’s employers say they
are finding it harder to find high-quality workers, which could
soon fuel faster wage growth and help convince the Federal
Reserve to hike interest rates despite data on Thursday that
cast the labor market in a poor light.

The Labor Department said hourly earnings for the average
worker didn’t grow at all in June, the latest disappointing
month for paychecks in a trend that goes back to the 2007-09
recession.

Jul 2, 2015

Analysis: For Fed, a muddled jobs report even as U.S. employment continues to expand

WASHINGTON (Reuters) – A mixed U.S. jobs report on Thursday may not give Fed chair Janet Yellen the “decisive evidence” of labor market recovery she wants to see before raising interest rates.

The June employment report showed a modest jump in jobs but no wage growth, a renewed fall in the labor force participation rate, and no improvement in some of the weak corners of the economy that Yellen watches closely.

Jul 1, 2015

Employer headaches over labor quality point to stronger U.S. wages

WASHINGTON (Reuters) – America’s employers say they are finding it harder to find high-quality workers, which could soon fuel a boost in wage growth and help convince the Federal Reserve to hike interest rates.

The Labor Department’s monthly jobs report due on Thursday will likely show June was another month of lackluster pay increases, a trend going back to the 2007-09 recession.

Jun 23, 2015

U.S. airs deep concerns over cyber security in China meetings

WASHINGTON, June 23 (Reuters) – The United States on Tuesday
said cyber theft sponsored by the Chinese government was a major
problem and stressed the need to keep Asian sea lanes open at
annual talks with China.

In opening statements at the wide-ranging Strategic and
Economic Dialogue forum in Washington, both sides expressed a
desire for constructive bilateral relations, with China saying
the two countries could manage differences and should avoid
confrontation.

Jun 23, 2015

U.S. airs concerns in China meetings, stresses need for progress

WASHINGTON (Reuters) – The United States on Tuesday expressed deep concern about state-sponsored cyber theft and stressed the need to keep Asian sea lanes open at the start of annual talks with China, and said the world depended on the ability of the two countries to narrow their differences.

In opening statements at the wide-ranging Strategic and Economic Dialogue forum in Washington, China expressed a desire for constructive relations with the United States, and said the two sides could manage their differences – as long as they accommodated each other’s core interests.

Jun 21, 2015

Insight: Chinese firms pour money into U.S. R&D in shift to innovation

By Jason Lange

WASHINGTON(Reuters) – Surging investment by Chinese companies in U.S. research labs is yielding a fast-growing trove of patents, part of a push to mine America for ideas to help China shift from being the world’s factory floor to a driver of innovation.

Largely absent from American research hubs a decade ago, Chinese firms including Huawei Technologies and ZTE Corp are now using U.S. researchers to create patents ranging from new software to internet infrastructure, according to an analysis of Thomson Reuters’ global intellectual property database.

Jun 21, 2015

Chinese firms pour money into U.S. R&D in shift to innovation

By Jason Lange

WASHINGTON, June 21(Reuters) – Surging investment by Chinese
companies in U.S. research labs is yielding a fast-growing trove
of patents, part of a push to mine America for ideas to help
China shift from being the world’s factory floor to a driver of
innovation.

Largely absent from American research hubs a decade ago,
Chinese firms including Huawei Technologies and ZTE
Corp are now using U.S. researchers to create
patents ranging from new software to internet infrastructure,
according to an analysis of Thomson Reuters’ global intellectual
property database.

May 23, 2015

Senate votes to grant Obama fast-track power on trade deals

WASHINGTON (Reuters) – President Barack Obama scored a major victory on Friday when the U.S. Senate voted to give him “fast-track” powers that would help wrap up negotiations on a 12-nation Pacific Rim trade deal central to projecting American influence in Asia.

Attention now turns to the House of Representatives, where opposition is deeper to granting the president power to negotiate trade deals that can be approved or rejected by Congress but not amended.

May 22, 2015

U.S. Senate closer to approving fast-track trade bill

WASHINGTON, May 22 (Reuters) – The U.S. Senate on Friday was
poised to approve the “fast-track” authority that President
Barack Obama says he needs to complete a 12-nation Pacific Rim
trade deal central to projecting American influence in Asia.

The Republican-controlled Senate narrowly rejected a push by
some lawmakers to include rules to punish currency manipulators,
a measure the Obama administration worked to defeat.
An alternative amendment, one that opponents
said lacks enforcement, was approved.