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...from 44.4% last year, a surprising jump considering that the U.S. was in the depths of the financial crisis during the previous holiday season. "Parents want to maintain gift-spending levels for their kids, so they are showing more willingness to trim on each other," says Britt Beemer, founder and chairman of America's Research Group...
...course, attractive deals can always trump fiscal responsibility. And plenty of retailers are offering incentives for husbands and wives to stuff each other's stockings. "In general, retailers realize that shoppers don't have as much money," says John Vincent, founder of BlackFriday.info. "They know you're not going to spend $1,000 on a TV. So they are emphasizing deals for smaller, more practical, more giftable items." Vincent points to Target, which on Black Friday will be selling $3 coffeemakers, toasters and sandwichmakers. Not exactly stuff that tugs at the heartstrings on Christmas morning...
This year, Jane C. Xie ’12 is in the process of reviving the Harvard Pre-Veterinary Society, which disappeared five years ago after the group’s founder graduated. So far, Xie has found roughly ten other pre-vets at the College, and Quimbaya says she knows of approximately 15 at the Extension School...
...group included well-known free-speech advocates, as well as Rao Jin, the founder of the nationalist website Anti-CNN.com, which is critical of Western media coverage. The meeting quickly made the rounds online, with several commenters complimenting the U.S. diplomats for their openness. "The American officials showed tolerance, politeness and a democratic style because they were open to any question, even questions that are very controversial," Zhao Jing, a popular blogger who attended the meeting and writes under the pen name Michael Anti, told TIME. (See pictures of Obama visiting Asia...
Still, the media feeds into many misconceptions about America in China. During the U.S. embassy briefing in Beijing, Anti-CNN founder Rao told officials - in what he would later describe as an attempt at humor - that he had seen how the CIA uses extra-legal powers, on the American television show Prison Break and in the Transformers films. How could the U.S. protect Web users?, he asked. "I would recommend that you not use Prison Break and Transformers as your only guide to American culture and government," a U.S. official responded...