General Motors announced more than $30 million of investment in its Pontiac Stamping Plant earmarked for tooling and equipment to enhance the plant’s manufacturing capabilities. “GM continues to invest in our manufacturing operations to ensure we have the technology and equipment we need to build whatever our vehicle designers develop,” said Gerald Johnson, GM manufacturing [...]
With almost $60 billion in contributions, corporate pension funded status improved by $12.4 billion in 2011 Milliman released the results of its annual Pension Funding Study, which consists of 100 of the nation’s largest defined benefit pension plans. In 2011, these plans experienced asset returns of 12.8% (a $115 billion improvement) that were offset by [...]
Data through January 2011, released by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, show further deceleration in the annual growth rates in 13 of the 20 MSAs and the 10- and 20-City Composites compared to the December 2010 report. The 10-City Composite was down 2.0% and [...]
The National Inflation Association (NIA) – http://inflation.us – released its top 12 warning signs of U.S. hyperinflation. One of the most frequently asked questions we receive at the National Inflation Association (NIA) is what warning signs will there be when hyperinflation is imminent. In our opinion, the majority of the warning signs that hyperinflation is [...]