INVESTMENT

GM to invest $20 mln in Kansas Assembly Plant

GM to invest $20 mln in Kansas Assembly Plant
General Motors will invest $20 million in machinery and equipment for its Fairfax Assembly plant to add future technologies and improvements of the Buick LaCrosse including eAssist of a light electrification technology that will boost highway fuel economy by 25 percent over the current model.
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File photo of Google Inc's logo

NOAA Go Google Way, Selects Apps

The National Oceanic and Atmospheric Administration (NOAA) has selected Google Apps as the agency-wide e-mail and collaboration platform for its 25,000 employees, contractors and associates working across the country and around the world.
US Federal Reserve Chairman Bernanke and European Central Bank President Trichet talk before the European Central Bank's central Banking Conference in Frankfurt

The Fed, ECB and the US Dollar

This week we had two key central bank leaders discuss their views on the risk that the recent rise of inflation is more than simply transitory. And while the mandates that govern these two central banks are different, their views/actions can have significant impact on global currency movements.

Egyptians protest for better wages

Young Egyptians took to the streets again yesterday, in Cairo and across the North African nation. This time to demanded better wages.
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Gold Prices and Deflation

Gold Prices go up when cash and bonds fail to beat inflation. It was true in the 1970s, and it's been true again in the last decade. But now, from here, what will Gold Prices do?

Queens Widow Left $250,000 Fortune to Harold Camping, Family Outraged

Judgment Day May 21, 2011 ads are still seen on New York City subway today, two weeks after the failed prediction of Harold Camping. As much as the notorious legacy of the failed Doomsday prediction lingers in the air, a widow and her investment in the Doomsday preacher's radio station is fueling the anger of her family.
Pawlenty walks with staffers to hold a news conference after speaking at the Cato Institute in Washington

Pawlenty to outline economic plan

Republican presidential candidate Tim Pawlenty on Tuesday will lay out his plan detailing how he would balance the federal budget and reshape the nation's tax code, The AP reported
People wait in line to attend a job fair for military veterans and other unemployed people in Los Angeles

Employment Data & Market Implications

A weaker than expected May jobs report and downward revisions to the March and April releases has rekindled fears of either a double dip recession or a stagflationary economic environment.

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