Word: consumerized
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Yet despite Mickey's semi-retirement, his ears are still one of the most famous cultural icons of the 20th and 21st centuries. He has posed for photographs with every U.S. President since Harry Truman, save one (Lyndon Johnson never visited a Disney theme park). Disney claims that Mickey had...
But the frugality that has gripped Japan in recent months might be part of the problem. Analysts see it as symbolic of a deep-rooted pessimism held by the Japanese public, evidenced by abysmally low consumer confidence and the subsequent shuttering of thousands of small- and medium-sized businesses this...
What's more, industry watchers say credit card and auto lending has actually held up quite well despite the credit crunch. According to market research firm Synovate, the average consumer probably has a higher limit and therefore can spend more on their credit card than they could a year ago...
"This is riskier for taxpayers," says Andrew Jakabovics, an associate director at the Center for American Progress. Worse, it's not clear the program would do anything to boost the economy. Yes, consumer spending is dropping, but some economists think that is a function of confidence, not credit. "Paulson seems...
Though invisibility cloaks won’t be sold as Halloween costumes anytime soon, plenty of other consumer gadgets based on optical breakthroughs are hitting the market. Several companies are selling “pocket projectors” for less than $500 this holiday season that are the size of...