The WSJ has an editorial on the recently signed Energy Bill:
The White House is boasting that the energy bill President Bush signed on Wednesday is actually less ambitious than the agenda proposed in his State of the Union address earlier this year. That’s praising with faint damns.
As recently as last week, it seemed the final [...]
Merrill Lynch is the latest US financial institution to go hat in hand to a state investment agency:
HONG KONG (MarketWatch) — Merrill Lynch & Co is in advanced talks to receive a $5 billion cash infusion from Singapore’s state investment company Temasek Holdings Ltd., becoming the latest among a number of blue chip Wall Street [...]
Doug Wilson has an article at TechCentralStation about a proposal to allow foreclosed homeowners to remain in their homes by paying a fair market rent to their former creditors:
But, ironically, Dean Baker, an economist at the liberal Washington-based Center for Economic and Policy Research, has proposed a cheap, ingenious fix that would alter both borrowers [...]
FRANKFURT, Germany (AP) — The dollar continued to make gains against the pound and euro Thursday amid mixed data on the U.S. economy.The 13-nation euro bought $1.4335 in afternoon European trading, down from $1.4381 in New York late Wednesday. The pound dropped to $1.9820 from $1.9966.
The sentiment on the dollar had become so negative that [...]
