1. Markets in everything: There are more than 7,300 gas stations selling ethanol-free gasoline in the US and Canada, find them here.
2. Markets in everything: University of Toronto students are buying and selling spots in college courses that are full, turning registration into a bidding war. (HT: Marginal Revolution)
3. US War on Plants/Weeds Update: A Louisiana man was sentenced to 20 years in prison for possessing half an ounce of weeds. Corey Ladd, 27, was sentenced as a “multiple offender to 20 years hard labor at the Department of Corrections.”
Economic Releases Today
4. The Philadelphia Fed released its August state coincident indexes today based on a state’s nonfarm payroll employment, average hours worked in manufacturing, the unemployment rate, and wage and salary disbursements deflated by the consumer price index. Thanks to the state’s oil boom, North Dakota led the country with the highest year-over-year increase of 4.04% in the state’s coincident index through August. The average 12-month increase was 2.9% for all US states.
5. The American Staffing Association reported today that for the week ending September 15 its Staffing Index for Temporary, Freelance and Contract Employment reached 100 for the first time since December 2007.
6. The S&P Case-Shiller 20-City Home Price Index increased 12.4% in July from a year ago, which is the largest annual increase in US home prices since February 2006. Meanwhile, the FHFA House Price Index increased in July by 8.8% from a year earlier, which was also the largest increase in that measure of US home prices since February 2006.