Global economy will grow more slowly than expected: OECD
The global economy will grow by 3.4% this year, down from a forecast of 3.6% growth last November, the think-tank says.
Growth strengthening in advanced economies, OECD says
Smaller government spending cuts and fewer tax increases this year should boost growth.
US manufacturing expands at fastest pace in 2 1/2 years
Factories ramped up production, stepped up hiring and received orders at a healthy clip.
Corn belt expansion driven by US green energy policy
1.2 million acres of prairies have vanished, undermining Obama’s green energy goal.
China steps up trade battle over solar panels
Boosts duties on US, Korean polysilicon.
EU, US agree to push for trans Atlantic trade deal
Biggest bilateral trade deal would add 0.5% to EU’s economic output.
Michigan approves laws limiting unions
Democrats, including Obama, offered a series of amendments to keep union rights intact, but were rejected by Republican dominated legislature.