UNITED STATES

World Economies Slowed In May, Even White-Hot Brazil Disappoints: OECD

Brazil
The world's major economies extended their slowdown in May, with conditions deteriorating significantly in India and Italy, according to a statistical indicator released by the Organisation for Economic Co-operation and Development on Monday. Even in Brazil, one of the few economies surveyed that is expanding, the pace of growth slowed.
Rick Perry

Rick Perry Rejects Medicaid Expansion, Health Exchanges

Texas Governor Rick Perry has rejected two prominent elements of President Obama's health care overhaul, joining an exodus of Republican-led states that are using a Supreme Court decision upholding the law to opt out of some key features.
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Apple iPad vs. Samsung Galaxy Tab: ‘Not As Cool’ As Apple’s Tablet, Judge Says

Apple iPad Vs Samsung Galaxy Tab: 'Not As Cool' As Apple's Tablet, Judge Says

Apple and Samsung, two of the leading manufacturers of mobile devices and electronics, have been engaged in a patent war concerning the companies' two respective tablets. A judge in the United Kingdom has ruled the Korea-based company's Galaxy Tab does not infringe on Apple's iPad design, according to the Verge.
U.S. Economy

On Jobs, The US Congress, And You

Cutting federal spending in 2012 could tip the U.S. economy back into a recession, just as it almost did in 1937. On the contrary, if the federal government spent more on infrastructure and public works projects now and in the immediate quarters ahead, it would create millions of jobs.

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