Near zero economic growth by 2050? Yes, America’s economy is collapsing. Fast. See full story.
Pandora seen posting strong revenue gain
Internet radio company set to report gains in revenue in midst of battle over radio royalties. CEO told Congress last week that a new structure is needed for paying for music content. See full story.
Apple faithful irked by visitor-center idea
Computer historian and author David Greelish thinks Apple should have a visitor center at its proposed spaceship campus. The idea seems unpopular, but there are many reasons why it’s a good one, writes Therese Poletti. See full story.
Republicans offer tax revenue in cliff plan
House Republicans offered a fiscal-cliff plan on Monday that raises tax revenue without increasing income-tax rates, in a fresh bid to break jammed negotiations with the White House over year-end tax increases and spending cuts. See full story.
Dollar inches down, Aussie rises after rate cut
Most major currencies hold in a tight range, with the dollar edging slightly lower, although the Australian dollar gains on hawkish signals from the central bank. See full story.
MARKETWATCH COMMENTARY
The fiscal cliff is a misleading metaphor, writes Rex Nutting. The tax and spending laws will change on that day, it’s true, but the impact will be spread out over many, many months. We’re already feeling the pain. See full story.
