UN lowers world growth forecast to 2.4 percent for 2016
The United Nations forecasts 2016 global growth at 2.4 percent, down from 2.9 percent in December, with weak demand, low commodity prices, El Niño droughts, political challenges, and capital outflows weighing on many regions including Africa and Latin America.
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U.N
Lenni Montiel
Africa
Latin America
Russia
Dawn Holland
U.N. Department of Economic and Social Affairs
Stocks End Flat After Choppy Day On Jobs Data
U S stocks closed with little net change as investors shifted to safe plays like phone companies and food makers after a weak jobs report. The Dow rose 9.38 to 17720.50 while the Nasdaq fell 23.35 to 4737.33 amid hopes over China’s economy and oil’s move. AT&T led gains among favorites.
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New York
Uss
Monsanto
Labor Department
John Cannally
LPL Financial
Cannally
China
Standard & Poor
At&t
Budweiser Rebrands as America Amid Patriotic Marketing Surge
AB InBev plans a May 23 rollout replacing Budweiser with America on cans and removing King of Beers. The move ties to Trump campaign hype, with additional patriotism themed campaigns for Bud Light and other products, including USA made labels and Statue of Liberty imagery.
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America
Donald Trump
Hershey Co
Wal-Mart Stores Inc
USA
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Trump
Lican
Allen Adamson
Landor Associates
Budweiser
Ricardo Marques
Fox News
Fox & Friends
AB InBev
U.S
Seth Rogen
Amy Schumer
Critics say Fed leadership not diverse enough
A bipartisan group of 11 senators and 116 House members urge Chairwoman Janet Yellen to broaden the Fed leadership to include more women and minorities. They note leadership remains predominantly white and male and call for a wider pool of directors for the Fed's 12 regional banks. The Fed replies that minority representation has risen from 16 percent in 2010 to 24 percent this year.
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Washington
House
Federal Reserve
Janet Yellen
Fed
Yellen
David Skidmore
Central Bank
Skidmore
Elizabeth Warren
Massachusetts
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Vermont
Hillary Clinton
Warren
Sanders
U.S
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Michigan
Judiciary Committee
Center For Popular Democracy
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