Japan and China to start direct currency trading on Friday:Japan and China will start direct currency trading this week, Tokyo said Tuesday, the first time Beijing has let a major unit other than the dollar swap with the yuan.
Bank of England prepares plans for euro collapse: The Bank of England is poised to cut interest rates or launch another round of quantitative easing if the euro collapses, it emerged on Monday.
25 Signs That The Smart Money Has Completely Written Off Southern Europe: Some large corporations are now pulling the money that they make in Greece during the day out of the country every single night. It is becoming increasingly clear that the upper crust of the financial world considers a Greek exit from the euro to be "inevitable"
Heated MF Global Debate - Still NO Arrests 1.2 Billion Gone - Video By CNBC - How To Mislead Government Officials Without Technically Committing Perjury.
Consumer Confidence Has Biggest Drop in Eight Months: Americans' confidence in the economy fell in May to its lowest level in eight months as consumers fretted about slow hiring, a big stock market drop and the global economy, said a private research group.
Time to fight for a minimum wage increase: The federal minimum wage is now $7.25 cents an hour, about $15,080 for a full time, year round worker. Poverty wages offend both justice and common sense. It is time to raise the floor.
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