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...main indices measure consumer confidence in the U.S., where consumer spending accounts for about two-thirds of the economy. One is a monthly report by the Conference Board, a nonprofit supported by business executives. The University of Michigan publishes a similar monthly survey. During the summer, despite high gas prices and swings in the real estate market, consumer confidence edged upward to hover at a fairly strong level, considering the mounting bad economic signs. The Conference Board put its consumer confidence rating at 59.8 for September, a slight improvement from 58.5 in August. Compare that with the index's nearly...
Still, sure evidence of a coming economic disaster has yet to be delivered to the minds of many economic experts looking for early trends in the next batch of consumer-confidence data. The University of Michigan survey is expected to produce preliminary figures in mid-October. Main Street may then deliver even harsher economic news than Wall Street has thus...
...APRIL M. VAN BURENCONTRIBUTING WRITERYou know that moment in a movie, a play, or a TV show where the sexual tension between the two main characters finally explodes in a tumult of fiery passion? The defining moment where a pair of lovers finally embrace and let their feelings take physical form? The quintessential “first kiss” scene? This typical romantic fanfare doesn’t find a place in the Harvard-Radcliffe Dramatic Club’s production of “Stop Kiss.” Though the title might lead an audience to assume...
...Obama's Missouri plan also mirrors his national strategy, McCaskill says. "It's a metaphor for the way Obama sees his job, governing from the bottom up," she says. Renting Main Street storefronts in small-town Missouri and staffing them with paid workers is a way of proving that he can reach out to all walks of American life. No way, no how, Obama's staffers insist, will they do as John Kerry did in 2004, waving the white flag in Missouri a full three weeks before Election Day to pour his resources elsewhere. "We need to make sure...
...centuries, five presidents, four vice presidents and ten secretaries of state have served at Grosvenor Square. In the late 18th century, John Adams, America's first Ambassador to the Court of St. James, opened a diplomatic post there, and in 1938 the Square became home to America's main diplomatic mission to Britain. During WWII, the Square earned the nickname "Little America" when Dwight D. Eisenhower placed his military headquarters on its leafy grounds...