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Market and Exchange

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Displaying items 1-5
  • Drunk on ethanol

    'Gasoline is going -- alcohol is coming. And it's coming to stay, too, for it's in unlimited supply. And we might as well get ready for it now."
  • Five ways to think about the U.S. debt limit

    Five ways to think about the U.S. debt limit
    Is it that time again? Syria will be foremost on Congress' mind when it returns from vacation next week, but lurking on the horizon like an ever-present cloud bank will be the debt limit. Treasury officials say the limit, currently set at $16.7...

    The middle class languishes as the super-rich thrive

    The middle class languishes as the super-rich thrive
    The good news for the U.S. economy as we enter 2013 is that the election's over. The bad news is that the election's over. What's good about it is that both parties in Washington can shed their preoccupation with the campaign theatrics that dominated...

    Chained thinking on the federal deficit

    Chained thinking on the federal deficit
    Washington's tug of war over the federal budget has many wonders, but the biggest one of all must be the lengths to which politicians and pundits will go to deprive Granny and Grandpa of $30 a month. That's the amount by which benefits for the average...

    Most EU leaders sign treaty aimed at debt crisis

     
    REPORTING FROM LONDON -- Leaders from 25 of the European Union's 27 countries signed a new treaty on fiscal discipline Friday in a move they hope will help resolve the region's long-running debt crisis and prevent future occurrences. The agreement commits...