"China passed Japan in 2010 to become the world's second-largest economy after the U.S.," The Wall Street Journal writes, adding that this is "a historic shift that has drawn mixed emotions in the two Asian powers: resignation tinged with soul-searching in long-stagnant Japan, pride but also caution in an ascendant China wary of shouldering new global responsibilities."
At a time when most people think about turning in for the night, Annica Trotter sits down at her computer to apply for jobs.
But it's almost impossible to apply for anything these days without going online, and that's where Trotter hits a snag. The 25-year-old is only able to apply for jobs when her boyfriend, Greg Perine, and his cell phone are home.
President Obama will be in upstate New York today touring a General Electric factory and showcasing that company's successes. Mr. Obama just named GE's chief executive the head of a new panel on jobs and competitiveness. GE boss Jeff Immelt has been speaking about the need to focus on manufacturing and increase the country's exports.