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That finding seems to be holding up in this economic downturn as well. At the beginning of the year, polling firm Gallup started asking 1,000 people every night how they felt. Gallup has found that moods do jump around a lot. People are happier on the weekends. Holidays are also big mood boosters. But in general, Gallup has found that the nation's mood has remained relatively stable the whole year, bouncing within the same range even as the economy has deteriorated...

Author: /time Magazine | Title: Recession Not As Depressing As It Seems | 12/23/2008 | See Source »

...Mumbai attacks targeted two of India's iconic hotels, the Taj and the Oberoi, where terrorists shot and killed guests indiscriminately and held hundreds hostage for nearly 60 hours. This has proved a deadly blow to an industry already wounded by the worldwide economic downturn. Big hotels across the country have had to invest in beefed-up security, including metal detectors and baggage scanners, and Ratan Tata, chairperson of Tata Sons which owns the Taj group of hotels, has announced that the group will undertake its own anti-terror and security arrangements. But, as P.R.S. Oberoi, chairperson of The Oberoi...

Author: /time Magazine | Title: After Mumbai, India's Hotels Brace for a Sharp Downturn | 12/20/2008 | See Source »

Meanwhile, those still keen to travel can take advantage of falling prices and discounted packages, though they may still have to put up with security scanners and sniffer dogs. But while the shock of the Mumbai attack may wear off soon, the economic downturn has only just begun to bite, and many expect next year to be worse. "We are all aware of the Bali and Madrid incidents and how things have looked up after that," says Sud of FHRAI. "But yes, the economic meltdown may last a bit longer...

Author: /time Magazine | Title: After Mumbai, India's Hotels Brace for a Sharp Downturn | 12/20/2008 | See Source »

...little less congested than usual this holiday season. The Air Transport Association of America predicts there will be 9% fewer passengers flying this year than last - but that's no guarantee you won't get stuck in the middle seat. Airlines have cut capacity, so the downturn in traffic may not get you much more than a shorter line through security...

Author: /time Magazine | Title: Travel News: 10 Hotel Deals You Can't Afford to Miss | 12/19/2008 | See Source »

...fact, the downturn has also had negative effects on the funds for state’s own retirees...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Cambridge Pensions Relatively Robust | 12/16/2008 | See Source »

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