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...hard carbon cap. Although Obama called for comprehensive climate and energy legislation in his recent State of the Union address, there was one term he did not use: carbon cap. And in its proposed budget for fiscal year 2011, released on Monday, the White House did not name a specific dollar figure for revenue it expects from cap and trade. Last year's budget projected $79 billion in revenue from the auction of carbon credits...

Author: /time Magazine | Title: Climate Accord Suggests a Global Will, if Not a Way | 2/2/2010 | See Source »

...original version of the Feb. 2 news article "CEB Elects New Leadership Team" incorrectly spelled the name of Stephen G. Anastos...

Author: By Danielle J. Kolin and Naveen N. Srivatsa, CRIMSON STAFF WRITERS | Title: CEB Elects New Leadership Team | 2/2/2010 | See Source »

...Walk in the Park,” where melancholy is consoled by Scally’s dominant keyboard melody. The lyrics have a great internal rhyme scheme—“The face that you saw in the door isn’t looking at you anymore / The name that you call in its place isn’t waiting for your embrace / The world that you love to behold cannot hold you anymore”—and the simple image of walking in the park to forget your heartbreak manages to remain powerful...

Author: By Kelsey C. Nowell, CONTRIBUTING WRITER | Title: Beach House | 2/2/2010 | See Source »

...from point of purchase to website. You don't have to push a single button; just agree to let Blippy broadcast the details that end up on your credit-card statement. Marketers are constantly mining all sorts of consumer data, and Blippy - which has received seed money from big-name investors like Sequoia Capital and Twitter CEO Evan Williams - wants to help individuals start harnessing this kind of information...

Author: /time Magazine | Title: Public Spending | 2/1/2010 | See Source »

With that in mind, I asked a few of my favorite economic forecasters to name an indicator or two that I could afford to start ignoring. Three said they disregarded the index of leading indicators, originally devised at the Commerce Department but now compiled by the Conference Board, a business group. Forecasters want new hard data, and the index "consists entirely of already released information and the Conference Board's forecasts," says Jan Hatzius of Goldman Sachs. (The leading-indicators index topped a similar survey by the Chicago Tribune in 2005, it turns out.) The monthly employment estimate...

Author: /time Magazine | Title: When Economic Indicators Aren't Worth That Much | 2/1/2010 | See Source »

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