In China today, the government lowered the country's growth forecast for the year to 7.5 percent. That's the first target under 8 percent since 2005.

Premier Wen Jiabao of China announced that growth would be only 7.5 percent, a number that falls below what is considered a critical growth rate for keeping the Chinese population happy.

The price of agricultural commodities has spiked since last summer, according to a report from the U.S. Agriculture Department. Increasing demand…

And this final note. We talked earlier with John Cassidy about what's changed on Wall Street in the two years since the financial meltdown….