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In This Issue

  • Small Business, Entrepreneurs and Women in Business
  • Student run coffee shop, "The Grind"
  • Automated Brewing
  • Creating a Business the "Crafty" Way

Latest Articles in Economy

The G7 Effect On Stocks: It's Big
As we head into the Memorial Day weekend, we want to talk today about the G7 meeting that took place this week Japan, and how these meetings tend to effect financial markets (namely the key barometer for global markets in this environment, U.S. stocks).  It’s a big effect. If we look back at the past seven annual

Investors Waiting for Yellen's Comments
Stocks are indicated to start today's session in the green, which would follow the modestly lower close on Thursday and stronger gains earlier in the week. There is a lot of attention on today's Janet Yellen speech at Harvard

Why The Bust For Offshore Drillers Might Last Another 2 Years
Statoil cancelled a contract for a drillship with Seadrill, which it had intended to use for drilling operations in the Atlantic, near Newfoundland. The cancellation is the second drillship contract to be terminated for Seadrill, coming shortly after Exxon canceled a contract for its drillship, West Capella, that

The Huge Recession Which Never Came
When I lived in the corporate world, we used global and domestic transport to forecast the economy. The reason was that transport led economic activity. Rail is a particularly useful crystal ball as it is a prime mover of goods to and from ports (international trade) - as well as the domestic movement of goods. The

Dollar Firms As Traders Await Yellen
The US dollar is winding down the week on a firm note, but still in a consolidative mode.   The euro and yen and Australian dollar are well within yesterday's ranges while sterling and the Canadian dollar pushing through yesterday's lows.   Asian shares were mostly higher, though Chinese markets closed with

G7 Summit: Risk of a Global Crisis, Maritime Disputes and the Dollar
The G7 heads of state summit has begun.  The host, Japan's Prime Minister Abe began with doom and gloom.  Accounts suggest he warned of the riskof a crisis on the scale of Lehman if appropriate policies are not taken.  It is not clear to whom Abe was addressing.  It may not have been the other heads of state. It

Investors, Stop Fiddling
By Lawrence Solomon Investors consistently try to out think the market – for instance, selling to avoid losses when they somehow think they know a security is likely to decline, or jumping into a security when they somehow think they know it is likely to increase. The amazing element of this investment

Will Crude Rally Sustain?
Stocks are on track for starting today's session modestly in the green, the third straight day of gains if sustained through the end of the session. A batch of mixed economic data and oil prices crossing the $50 mark

Why I Expect Oil To Tumble
Marshall Gittler, Head of Investment research,  FXPRIMUS.com The oil price has been rising since February and recently hit the highest level in almost a year. But I think it’s in for a tumble. I expect the price to fall back, probably into the $30/bbl range, in the not-too-distant future. That’s because I expect

Oil Rally Set to Continue as EIA Confirms Inventory Draw
Official U.S. crude oil inventory data released on Wednesday morning confirms a significant drop in stockpiles, showing a drawdown of 4.2 million barrels from the previous week. “At 537.1 million barrels, U.S. crude oil inventories are at historically high levels for this time of year,” the Energy Information