Word: household
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...weekly unemployment claims have been headed up all this time - and the four-week rolling average, over 400,000 at last count, is definitely knock-knock-knocking on recession's door. In this era of market madness, consumers may well have wearily learned to separate their portfolios from their household budgets. But no economist is yet suggesting that they'll continue to spend without a paycheck...
...recent study by the Urban Institute titled "Children Cared for by Relatives: Who Are They and How Are They Faring?" The number has been rising significantly over the past 20 years, and in 1996 the U.S. Census Bureau began tracking domestic situations that differ from the traditional two-parent household. Siblings raising siblings account for approximately 140,000 of those cases. Sondra Jackson, the Interim Receiver of the Child and Family Services Agency in Washington, explains, "In the 1980s, we lost about 50,000 foster-care homes nationwide. So we began to look at relatives as potential caretakers." The idealized...
...Brought up in austerity, Indira Gandhi was a moody adolescent, highly sensitive to criticism, especially from her family. The Nehru household was divided along linguistic and religious lines. Her grandfather and father (and his sisters) spoke and wrote in English, while her mother and grandmother ate separately in their private quarters and spoke Hindi. The men were agnostic, the women superstitious and devout. Separated for much of her youth from her jailed father, Jawaharlal Nehru, and from her perpetually ill mother, Indira Gandhi was dispatched to a variety of schools across India. As a teenager, she went to Europe, where...
Powderfinger is not a household name, and yet this honest band hailing from Brisbane, Australia, produces possibly the best rock around. They have been the most successful band in their native country for quite a while, but it is only with their fourth album, Odyssey Number Five, that they make their U.S. debut. And what a debut...
...telecom start-ups that, in retrospect, shouldn't have been funded so richly. If you had a business card and were breathing, you could have got a loan. By June 2000, total borrowing by nonfinancial U.S. companies stood at $4.6 trillion, up 60% from five years before. Total household debt surged to $7 trillion, up nearly 50% in that time period...