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Declining Fuel Efficiency

…With Congress poised for a final vote on the energy bill, the Environmental Protection Agency made an 11th-hour decision Tuesday to delay the planned release of an annual report on…

On the Propensity to Save

…Commerce Department said Tuesday. To be fair, Mark and MarketWatch both mentioned the increase in housing wealth, which CalculatedRisk featured. In earlier 2001, one of the explanations as to why…

Trying to Boost US Saving

…NEW YORK (CNN/Money) – Democratic members of Congress introduced a retirement security plan Tuesday that promises to foster savings among middle- and working-class individuals. The plan, known as AmeriSave, did…

Housing: Bubble Talk

…174 percent respectively versus the prior week. And there is more to come: The usually very accurate Anderson Forecast will be released on Tuesday when Drs. Leamer and Thornberg present…

Incredible Arrogance

…20,000 former employees Tuesday despite opposition from former Enron Chairman Kenneth Lay and former Chief Executive Jeffrey Skilling. The two former executives, who will face criminal trial in January 2006…

Japan’s Deflation…

…we are in deflation and we must continue efforts to beat it.” Other data released on Tuesday contributed to what economists say is a fuzzy picture of an economy struggling…

Housing starts slide 18%

…drop in more than 14 years, a Commerce Department report showed Tuesday. But analysts weren’t ready to use that indicator to call an end to the housing boom just yet….

The Crux of the Matter

…like worse-than-expected inflation data, particularly if the era of low interest rates is coming to a close, an IMF report said Tuesday. “There is little cushion for bad news regarding…

Rent-Seeking Behavior Pays Off

…The Senate assured final passage of the first major overhaul of the nation’s bankruptcy laws in 27 years on Tuesday, when it took two votes that cleared the remaining political…