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...Saudis make up the biggest market for U.S. consumer products in the Middle East. When they're not fighting city traffic in Cadillac SUVs, middle-class Saudis frequent gleaming shopping malls lined with designer brand names from the U.S. In a country where women are required to wear full-length abayas in public, you can catch Sex and the City on satellite TV every Friday night...
Housing experts measure supply in months, with a six-month inventory considered normal. The national backlog reached 9.2 months in the 1990 recession but today stands at just 4.8 months. The upshot: even if demand slackens, prices can hold if sellers simply wait a normal length of time for the right buyer to surface. Increasingly, that buyer is a new American. Greenspan can get breathless describing "the incredible rise in immigration," which he says accounts for "a third of the rise in household formation" and "has been a major factor holding the price level of homes up." Today more than...
Aladdin and Hercules are household names because their cartoons are spinoffs from successful full-length animated movies. Kim Possible is a new, original series starring a red-headed high school cheerleader who saves the world when she’s not in class. These cartoons are meant to target kids six to 14 years old, but I proudly admit to being an addict...
...office, to bring a jar of mayonnaise to work and then put it on my sandwich at noon rather than putting it on in the morning and letting the sandwich get soggy in my bag. That topic is still too painful for me to write about at length...
...company's reported profits, the higher go stock prices, and the more quick money option-holding executives get. Aides say that when they recently discussed with Bush the proposal to require that stock options be treated as a business expense, like other forms of compensation, he held forth at length on why it was a bad idea. Many of his corporate campaign contributors would agree, since expensing options would initially cause earnings to appear lower. Silicon Valley companies, in particular, are pushing hard against it, arguing that start-ups would not be able to attract talent...