Glenn Hutchins of Silver Lake thinks the tech sector is now in a similar condition to the old economy in America in the early 1980s, which is when private equity first started to have an impact, by restructuring and consolidating many industries.

ECONOMIST: Private equity and technology

The USDA's revisions reflect the impact of dry weather in South America and floods in Australia, which have compounded supply constraints that first started to emerge in the middle of last year, when a drought in Russia ravaged that country's wheat fields.

WSJ: Grain Prices Soar as U.S. Slashes Outlook

And today, our auto industry is back on top of the world. (Applause.) Manufacturers started investing in America again, adding jobs for the first time since the 1990s.

WHITEHOUSE: REMARKS BY THE PRESIDENT AND FIRST LADY AT A CAMPAIGN EVENT