Here’s what’s in the news…
Companies are now hiring workers at a quicker pace, 
MarketWatch.com, The Wall Street Journal, reported.
To be sure, the economy is certain to show much stronger growth in the second quarter — what economists call catchup — after a contraction in the first three months of the year triggered by harsh weather. Companies are now hiring workers at a quicker pace and that’s injecting more money into the economy.
Yet the incomes of consumers and their level of spending remain soft by historical standards, especially this late into a recovery. And business are investing more slowly than they did in the past. If those trends continue, the burst of growth expected in the spring might not repeat itself in the summer and beyond.
“It doesn’t mean you don’t grow. It just means you grow slowly,” said Steve Blitz, chief economist of ITG Investment Research. “It’s like the economy is stuck behind a slow truck and can’t get around it.”
