Money & Markets – Week of 05.12.13

Lower Energy and Food Costs Fuel Big Drop in Wholesale Prices
Los Angeles Times | 15 May 2013
Big drops in the cost of food and energy pushed wholesale prices down 0.7% in April…

U.S. Oil Production to Shock Global Energy Markets: IEA Report
Yahoo! Finance | 14 May 2013
The boom in North American energy (primarily related to shale in the US and oil sands in Canada) is one of the biggest stories in the global economy…

Chinese Creating New Auto Niche Within Detroit
The New York Times | 12 May 2013
Dozens of companies from China are putting down roots in Detroit…

Regulations and Enforcement High on List of In-House Counsel Woes
Compliance Week | 10 May 2013
An unstable economy and the growing volume of global regulations are the biggest business threats…

U.S. Posts Widest Monthly Surplus Since 2008 on Revenue
Bloomberg | 10 May 2013
The U.S. posted its widest budget surplus in five years in April as an improving economy swelled tax revenue…

IPOs Set to Raise Most Cash Since Crisis
The Wall Street Journal | 12 May 2013
U.S. companies are on track to raise the most money through initial public offerings since before the financial crisis…