Metro-East News

May 29, 2014

Daily business briefing: Economy's growth slowed in first quarter

The U.S. gross domestic product grew by a barely discernible 0.1 percent in the first quarter. It was the economy's first quarterly decline since a 1.3 percent drop in the first three months of 2011. Read more at http://www.bnd.com/business. ...

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The Insurance Institute for Highway Safety tested has awarded a "superior" rating for safety to the Chevrolet Impala, BMW 5 Series, BMW X5, Mercedes-Benz E-Class, Buick Regal, Cadillac CTS, Cadillac XTS and 2015 Hyundai Genesis. Learn more at http://www.bnd.com/business. ...

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Dow futures are up 0.1 percent to 16,647.30 and S&P 500 futures rose 0.1 percent to 1,911.80. To find out more, go to http://www.bnd.com/business. ...

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Respected oil historian Daniel Yergin argues that the United States should lift a long-standing ban on U.S. oil exports in order to keep down gasoline prices for consumers. The export ban put in place in 1973. For more information, go to http://www.bnd.com/business.

-- Will Buss, BND business writer

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