Word: buying
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...with the goal of always having a low-sugar option on hand. Because when a craving hits, not even a Weight Watchers--trained, insanely talented pastry chef with a refined dessert palate can get in its way. "Last Sunday I was craving so much for sweets, I went to buy a cheesecake." Even worse, he confesses, "I bought it at the supermarket. I was in Jersey...
...putting a lid on the $65 billion spent annually on holiday gifts, says Professor Joel Waldfogel of the Wharton School. Waldfogel, the author of Scroogenomics: Why You Shouldn't Buy Presents for the Holidays, insists his theory is solid economics, not bah, humbug. "As an institution for 'allocating resources' (getting stuff to the right people), holiday giving is a complete loser." If you spend $50 on yourself, he explains, you'll get something worth $50 to you. But if your Aunt Bernice buys you a $50 Christmas gift, she's likely to buy something that's worth nothing...
...Obama has made some attempts to play hardball with Wall Street, however. Last summer, JPMorgan tried to lowball the Administration on warrants it wanted to buy back from the government. JPMorgan's chief, Jamie Dimon, called Treasury Secretary Timothy Geithner in July personally to pressure him to sell at the low price. Geithner held out and auctioned the warrants off last week for tens of millions more than Dimon had offered, sources familiar with the negotiations tell TIME...
...Nick Gibson, an analyst and virtual-world expert at London's Games Investor Consulting, calls it "an interesting idea." But he cautions that the main driver for online shopping "is price and convenience, rather than the social aspects of it." Most consumers, Gibson says, go online to buy something specific, so it's uncertain if they'll find causal shopping and browsing appealing. (See the top 10 video games...
...year-old Adam Khamise, who fled the war-torn Sudanese province of Darfur and arrived in Israel in July 2007, the choice was clear. "In Egypt I was always being harassed by the police and I wasn't allowed to work. So how could I make money to buy food?" In Israel, Rozen says, asylum seekers may be turned down for work permits, but a majority finds work, because "officials turn a blind eye." Khamise says there was another reason for his journey. He decided to head for Israel after learning about the Holocaust. "The story of the Jewish people...