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Another day, another drama on Wall Street. On Monday, the Dow Jones industrials plummeted roughly 800 points before rising late in the afternoon for an overall drop of around 370. But the swirl of numbers so far does not include perhaps the surest sign of hard times on the horizon: consumer confidence data. "For sure, we're going to see a decline in response to recent events," says Nicholas Souleles, a professor of finance at the University of Pennsylvania's Wharton School of Business. "How much remains to be seen...
...first of many auto races. He became hooked after seeing Felice Nazzaro, considered the greatest driver in the world, win. In 1916, with the death of his father and brother, the family's business collapsed, and Ferrari had to find a new way to support his mother. So in late 1918 he took a job as a test driver with a small car company in Milan. By 1920, he was racing for Alfa Romeo, and he took first prize in the Savio Circuit in 1923. Impressed by the fearlessness of the young racer, the father of World War I flying...
...Every game is a big game within the league.” With only 14 seconds left in the first half, Harvard broke a scoreless tie when sophomore forward Maggie McVeigh scored on a counterattack. Sophomore forward Leigh McCoy increased the cushion to two with a goal late in the second half. The two goals were more than enough for Stone, who notched seven saves en route to her third shutout of the season. Early on, it looked as if Brown would strike first. Just 35 seconds into the game, Bears forward Leslie Springmeyer ripped a shot from directly...
...Hopes for LHC seem a little high, especially given that the collider will probably remain powered down until April due to a recent malfunction. But what hasn’t been in the news is that LHC comes 15 years too late and on the wrong continent. A potentially more powerful collider, the Superconducting Supercollider (SSC), was being constructed in Waxahachie, Texas in the early 1990s, but after much debate, Congress cut its funding in 1993 and had workers dismantle its 14 miles of underground tunneling. Without money, the project quickly collapsed. The official website is still frozen in time...
Hurricanes have a neat way of reminding Americans of their privilege. Louisiana State Representative John LaBruzzo experienced a reality check when he visited New Orleans residents seeking relief from Hurricane Gustav late last month. It is unfortunate that it takes a natural disaster for politicians, the media, and the rest of America’s elite to remember the existence of our nation’s poorest districts. It is even more unfortunate that when confronted with this reality, these eminently privileged and powerful individuals can do little more than blame and further punish the victims of a system...