For those eagerly awaiting an exciting read, here’s the most recent draft of the “Emergency Economic Stabilization Act of 2008.”

Japan’s markets are closed for the national holiday, and Steven Towns explains why that’s a good thing over at Seeking Alpha. Still, Tuesday might not be much better.

According to Tokyo Shoko Research, the number of bankruptcies in Japan increased 4.2% in August against last year, to 1,203. The total value of debts left behind, however, fell 0.2% to about 867.98 billion yen.

According to the Ministry of Internal Affairs and Communications, Japan’s average household spending fell by 0.5% in July. Once again, the drop was smaller than had been generally forecasted. However, it does represent the fifth consecutive...

According to the Ministry of Internal Affairs and Communications, Japan’s household spending fell by 1.8% in June. Although the drop was smaller than had been generally forecasted...