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...vice president at the National Retail Federation, says she started noticing a pickup in retail sales in January but believes economic indicators such as unemployment and the health of the stock market will play a major role in spending habits as the year progresses. "Jobs really is the biggest issue here," she says...
...with poor credit have been able to not only pick up that business but also raise interest rates, since borrowers have fewer options. Shares of many of the companies, including Cash America, Dollar Financial, First Cash Financial and World Acceptance, have risen sharply this year. World, one of the biggest, has seen its stock price rise to a recent $41 from $15 a year ago. World makes much of its money refinancing its existing customers into new loans with longer terms and lower monthly payments. But last year, it also increased lending. At the end of 2009, World...
...multimedia screens and video cameras. The poetry and lyricism of the exhibits, O'Rahilly believes, will captivate locals and tourists alike. "If it goes well, we may finally be able to welcome the leprechaun back to respectability," he says pithily. "And if it goes wrong, I will be the biggest fool in Christendom...
Greece ground to a halt as workers went on a 24-hour nationwide strike and tens of thousands of people took to the streets to protest civil-service pay cuts and higher taxes in the biggest and angriest demonstrations so far against the austerity measures. Although most of the protesters were peaceful - and even included in their ranks uniformed police officers and firefighters - groups of masked and hooded youths waged running street battles with riot police, smashing the windows of banks and luxury stores and hurling rocks and Molotov cocktails. The police responded by covering central Athens with a haze...
However, the long-term consequences if these campaigns fail to stop tuition hikes and the failure of the UC system to achieve its educational purpose will greatly outweigh any short-term fatigue. Mark Yudof, president of the University of California, has said that departure of faculty members is his biggest fear in the UC system’s current crisis. Yet the proposed tuition hike threatens to exclude huge numbers of students from the world-class education promised to them by the California Master Plan, drawn up 50 years ago to ensure affordable access to education. If classes are cancelled...