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...before Singleton will be able to get behind the wheel of a vehicle - he's only 14 years old - he is hoping to start saving up with the money he makes this summer working in his first job: helping to clean and maintain classrooms at his school in Strayhorn, Miss. And what would he be doing otherwise? "Honestly, I'd probably just be hanging out, maybe at the beach," he says...
...National Bureau of Economic Research, the semiofficial arbiter of such matters, as a "significant decline in economic activity spread across the economy." It's certainly better for economic activity to be increasing rather than decreasing, but the focus on whether the economy is in recession or not can miss a lot. "I don't care about what the dating committee says. I'm concerned about longer-term issues," says Yale economist Robert Shiller. "We are in for an extended period of subnormal economic growth." Mohamed El-Erian, chief executive officer of bond-investing giant Pimco, has popularized a catchier...
...Brazil, Russia, India and China. With the SCO and BRIC meeting at the same place, much of the non-Western world's geopolitical muscle is now rubbing shoulders in the shadow of the Urals. And the Iranian President, who never shies from making bold pronouncements, was not going to miss an opportunity to let loose his usual rhetorical flair. Soon after landing, Ahmadinejad launched a broadside at the fortunes of the West, especially America's, in the wake of the ravages of the global recession and the military quagmires in Iraq and Afghanistan. "It is absolutely obvious that...
Prejean, Carrie •sudden former Miss Californianess...
...places where we were locked out, I'm going to have the key.' JAMES A. YOUNG, the first black man to be elected mayor of Philadelphia, Miss., a town made infamous by the 1964 murders of three civil rights activists by the Ku Klux Klan...