Word: marketeers
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...time low, and the economy has more and more people turning to their kitchens to (gasp!) cook for themselves, is this niche meal on the rise? Brunch traffic was up 8% during the first eight months of this year compared to the same period in 2008, according to market-research firm NPD Group. Brunch traffic was up 15% in the South, and even in the Northeast, the land of the white-collar layoff, traffic...
...Research Japan, argues that when falling prices are factored in, the country's nascent recovery is weaker than recent positive GDP growth numbers suggest. "We've got the consumer price index falling by 2.5%, wages falling by about 2.0%, winter bonuses falling by about 14%, and the Nikkei (stock market index) going down," he says. "All the growth we're seeing is because of arithmetic." Complicating matters is the strength of the Japanese yen, which has gained 6% on the dollar in the last three months. Prices generally decline in a strong currency environment; a rising yen cuts into Japanese...
...protection services. It doesn’t make you optimistic about ever setting good rules on credit cards, whose effect on our society is far more pernicious. Credit-card regulation passed last spring was a good start but ultimately does little more than limit banks’ ability to market credit cards to students and require them to warn you before they do something like raise your interest rates from 19 to 30 percent in the space of one month, even if you haven’t missed a payment, just because the issuer claims to have identified heightened systemic...
Paul Volcker, the former Fed chairman, and Mervyn King, the governor of the Bank of England, agree that governments should mandate separation between commercial and investment banks. Volcker argues that President Obama’s “regulate the giants” approach is insufficient, since the market changes faster than regulators can keep up with it. Under Volcker’s plan, commercial banks and investment banks would still be free to flourish—just as separate companies...
...predicts that the Afghan National Army will reach its target level of 134,000 troops by 2011. But the report also highlights the difficulty of instilling a sense of collective responsibility in Afghan forces, citing the high level of equipment that is sabotaged or ends up on the black market...