Word: hopefully
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Glimmers of hope keep sneaking through the world's cracked economy. The Conference Board's index of leading economic indicators, which includes measures such as stock prices, the money supply and new orders by manufacturers, just posted its first gain in seven months. Consumer confidence increased in May and is now at its highest level in eight months. According to a survey by the National Association for Business Economics, over 90% of economists are predicting that the recession will end by December. (See TIME's recession photo-essay "Stores That Are No More...
...Given all that, what do WSL's consumer psyche measures say about the fate of the recession? "We see it more as the end of the beginning," says Liebmann. "There's a very big cloud still over the consumer. We've been through the first phase, and we hope the worst has happened. Shoppers are feeling a little bit chipper, but there's still more to go." Sure, additional economic tumult may be coming. But at least we can enjoy a little calm...
Returning from injury has a predictable path—you rehabilitate, take it easy in early contests to shake off rust, and in time hope to return to form. No one has high expectations coming out of the gate. That is, unless you are Louis Caputo.The junior co-captain of the Harvard wrestling team stormed back from a knee injury that robbed him of a 2007-08 season, refusing to miss a beat after an entire year on the sidelines.Rather than appear tentative in his return to the mat, Caputo simply dominated his opponents, winning five straight matches to claim...
...jumpers and lead changes in the final minutes. With just 54 seconds left, Princeton guard Addie Micir hit a trey to tie the game at 50. The next trip up the floor, Berry dished to Markley, who absorbed contact and finished with a strong layup. Lavietes erupted—hope had become reality, and victory was in the air. With under 30 seconds to go, Princeton squandered its last chance when guard Jessica Berry missed a crucial jumper. Markley grabbed the board and was fouled, then connected on two free throws with nine seconds remaining. The pair proved...
...Monday may not have come as a surprise to Washington, but only in the sense that Washington knew Pyongyang was defiant enough to set one off. Beyond that, truth be told, Washington is completely in the dark about North Korea's intentions. It can only expect the worse and hope for the better. (See pictures of North Korea...