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GM's China Sales In May Climb To Record

General Motors Corp. (NYSE: GM) and its joint ventures in China sold a record number of vehicles last month as demand jumped more than 20 percent from the year-earlier level.

Spain Says Markets Are Closing To It As G7 Confers

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Spain said on Tuesday that credit markets were closing to the euro zone's fourth biggest economy as finance chiefs of the Group of Seven major economies were to hold emergency talks on the currency bloc's worsening debt crisis.
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G7 To Hold Emergency Talks Tuesday; Spain Top Concern

Finance chiefs of the Group of Seven leading industrialized powers will hold emergency talks on the euro zone debt crisis on Tuesday in a sign of heightened global alarm about strains in the 17-nation European currency area.
The Ford logo on a car.

Ford Considering 'Indigenous Brands' In China

Ford Motor Company (NYSE: F) is considering launching local China-only brands as it continues to try and bolster its own brand in the largest global auto market, according to Reuters Monday.
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Iran to Meet U.N. for New Nuclear Talks in June

International Atomic Energy Agency chief Yukiya Amano said two weeks ago he expected a framework co-operation deal to be signed with Iran when he returned to Vienna from a rare trip to Tehran.
Federal Reserve Chairman Ben Bernanke arrives to speak at a conference on systemic risk, at the Federal Reserve in Washington

Bernanke's Next Move, Trade Balance And Lots Of Fed Talk: Economic Events for June 4-8

The April trade data is likely to garner the most market attention, while the Fed Beige Book will set the tone for the upcoming Federal Open Market Committee (FOMC) meeting. On Thursday, markets will also be watching Fed Chairman Ben Bernanke's testimony to Congress, which could provide clues on whether the Fed is ready to take additional steps to support growth.
Traders work on the floor of the New York Stock Exchange

US Stock Futures Point To Lower Opening Monday

Futures on major U.S. indices point to a lower opening Monday ahead of the U.S. Dept. of Commerce's Report on Manufacturers' Shipments, Inventories and Orders, and increasing concerns over the euro zone crisis.
US Public Policy

US Still Trying To Recover From Three 2001-2008 Public Policy Mistakes

Tea Party members and other conservatives would like Americans to believe that the United States? problems started in 2009, but nothing could be further from the truth. Three major policy errors by President George W. Bush last decade substantially worsened the U.S.?s fiscal condition, and the nation has been trying to recover ever since.

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