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Daily Archives: August 16, 2012

Justice Department Requires Changes to Verizon-Cable Company Transactions to Protect Consumers

News release: “The Department of Justice announced today that it will require Verizon and four of the nation’s largest cable companies—Comcast, Time Warner Cable, Bright House Networks and Cox Communications—to make changes to a series of agreements concerning both the sale of bundled wireless and wireline services, and the formation of a technology research joint venture. The department said that, if left unaltered, the agreements would have harmed competition by diminishing the companies’ incentive to compete, resulting in higher prices and lower quality for consumers. The announcement came after a closely coordinated investigation with the Federal Communications Commission (FCC), with additional assistance provided by the New York State Attorney General’s Office.”

New GAO Report – EPA Regulations and Electricity

EPA Regulations and Electricity – Better Monitoring by Agencies Could Strengthen Efforts to Address Potential Challenges, GAO-12-635, July 17, 2012 “EPA recently proposed or finalized four regulations affecting coal-fueled electricity generating units, which provide almost half of the electricity in the United States: (1) the Cross-State Air Pollution Rule; (2) the Mercury and Air Toxics… Continue Reading

Report – 2012 U.S. Book Consumer Demographics & Buying Behaviors

Via GOOD Education – Generation Read: Millennials Buy More Books Than Everybody Else: “Forget the stereotype of the tweeting, texting, YouTube-watching millennial with a short attention span. According to the 2012 U.S. Book Consumer Demographics and Buying Behaviors Annual Review, if you were born between 1979 and 1989, you spent more money on books in… Continue Reading

CDC Now Recommends All Baby Boomers Receive One-Time Hepatitis C Test

“Hepatitis C virus (HCV) is an increasing cause of morbidity and mortality in the United States. Many of the 2.7–3.9 million persons living with HCV infection are unaware they are infected and do not receive care (e.g., education, counseling, and medical monitoring) and treatment. CDC estimates that although persons born during 1945–1965 comprise an estimated… Continue Reading

NY Fed: The Untold Story of Municipal Bond Defaults

The Untold Story of Municipal Bond Defaults – Jason Appleson, Eric Parsons, and Andrew Haughwout “The $3.7 trillion U.S. municipal bond market is perhaps best known for its federal tax exemption on individuals and its low default rate relative to other fixed-income securities. These two features have resulted in household investors dominating the ranks of… Continue Reading

BLS – Wholesale and retail Producer Price Indexes: margin prices

Wholesale and retail Producer Price Indexes: margin prices, by Bureau of Labor Statistics Producer Price Index program staff “Almost all Producer Price Indexes (PPIs) measure changes in prices received by establishments for the sale of goods produced or services provided. PPIs for the trade sector, which includes wholesale and retail trade services, are the exception… Continue Reading

Agencies issue proposed rule on appraisals for higher-risk mortgages

News release: “Six federal financial regulatory agencies today issued a proposed rule to establish new appraisal requirements for “higher-risk mortgage loans.” The proposed rule would implement amendments to the Truth in Lending Act enacted by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Under the Dodd-Frank Act, mortgage loans are higher-risk if… Continue Reading