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...national romance with consumer debt seems to be coming, at least for now, to a screeching halt because of the realities of the Great Recession. Belt-tightening, whether it's imposed by job loss or financial insecurity, is de rigueur. The savings rate is 4.4%, up from its 2007 rock-bottom level. Book publishers are hurrying to catch up with the rediscovered restraint. Three authors with new books are eager to restore fiscal conservatism to its proper, vaunted role. Being thrifty has become a badge of honor...

Author: /time Magazine | Title: Business Books | 12/14/2009 | See Source »

...happy repeat customer is great, but "if ships are sailing full, you can only grow passenger volume at the rate you're adding capacity," says Farley. Yesawich sees some pent-up demand. According to his yearly Travel Monitor survey, 40% of active travelers say they're interested in taking a cruise in the next two years. "That's a remarkable number," he says. "Only a handful of places score higher. This business is going to explode...

Author: /time Magazine | Title: Will the World's Largest Cruise Ship Sink or Swim? | 12/14/2009 | See Source »

...study, Wilson tracked the coffee consumption habits of 50,000 men ranging in age from their mid-50s to mid-70s, finding that men who regularly drank coffee over the 20-year span of the study developed advanced prostate cancer at a lower rate than non-coffee drinkers...

Author: By Ryan D. Smith, CRIMSON STAFF WRITER | Title: Study Shows Coffee’s Benefits | 12/14/2009 | See Source »

...funneling the money left over from TARP funds toward businesses’ hiring credits, the government will hopefully bring down the remarkably high unemployment rate. According to Obama’s plan, tax credits will be given to industries that employ a certain number of low-skilled workers who would otherwise likely be fired as a result of the economic downturn. Historically, similar plans to keep workers employed during recessions have worked. The 1977 New Jobs Tax Credit was immediately followed by an 11.2 percent rise in employment—a record for the United States at the time...

Author: By The Crimson Staff | Title: Smart Stimulus | 12/14/2009 | See Source »

...hundreds short of the number of trained personnel needed. "I have been pounding the system to say we have got to sit down and determine what we need after eight years of war," Chiarelli said. That shortage has made it tougher "to handle what I think is a higher rate of substance abuse today than eight years ago." Why is it higher? "I think it's only natural you're going to see that as soldiers come back [from war], you know, with the dwell time that they have [before returning to war], that we're going to have...

Author: /time Magazine | Title: A Mounting Suicide Rate Prompts an Army Response | 12/14/2009 | See Source »

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