Word: boom
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That is why Buffett is not in the cable-news business. For as the economy nose-dives, CNBC - the TV darling of the turn-of-the-century stock boom - is proudly letting the emotion overcome it. (Read about Buffett's tell-all biography...
...worst-performing categories include discretionary items. Cookie and ice cream cone sales dropped 9.7%; people can do without dessert, and further, the boom in baking supplies shows that more people are making treats at home. Bottled water was down 11%, but that makes sense. "What's the economical substitute for that?" asks DeMott. "It's called a tap." (See Real Simple's saving and budgeting tips...
...This Lent, sacrifice the vulgar bibulous customs of your college peers. Turn down the boom box and raise the lights. Sip, do not chug. And let the drink in your hand nurse, not eliminate the need for, conversation and charm. Soon, form will follow function. Trade your mass-produced American lager for a Trappist brew, crafted lovingly in a monastery according to a recipe perfected over the centuries. Instead of insipid vodka, open a bottle of aromatic and complex gin—a challenge, indeed, but a meet reward for those with patience and perseverance. And, finally, put down...
...social programs, such as Bolsa Família, a grant scheme that has paid out more than $20 billion in aid to poor families in return for parents getting their children vaccinated and making sure they attend school. Brazil's business leaders insist record profits during the 2005-2008 boom allowed Lula to aid the poor; Lula argues his antipoverty crusade fueled the economic growth. It's a chicken-and-egg debate, in which both sides are right. What matters is that social stimulus programs like Bolsa Família have been matched by fiscal measures like a reform...
...exorcising their demons in hopes of turning in a redemptive senior campaign. “Every once in a while both those guys will start throwing 55-footers and you’re kind of, ‘Well here we go,’ and then—boom!—they’re right back in it,” Walsh says. “That would be a huge key for our pitching staff, if those guys could give us a few innings.” The Crimson begins with a tough schedule yet again...