Word: risinger
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The recovery from the recession looked fine until late last week. Some of the data from the government and associations that keep track of economic indicators got a bit worse. But, that was not the tipping point. What was is when analysts started to take data that was a day...
Yet something has to give. Hong Kong's population of 7 million is aging fast. In 2008, 12% of the population was over the age of 65; by 2036, that number will rise to 26%. The city's death rate has doubled since 1970, leaving the entire funeral industry scrambling...
• While mortgage losses show faint signs of moderating, banks still have a lot of credit-card ugliness to work through. At JPMorgan Chase, card services was by far the worst-performing division, with a loss of $547 million. When Whitney asked CEO Jamie Dimon if the business would return...
The siege of the Red Mosque was a turning point in Pakistan's inexorable slide toward religious extremism and violence. Lal Masjid, as it is locally known, became a rallying cry for the Pakistani Taliban who have declared war on the central government. It is their Alamo, and as such...
Asked when he would draft a new bill to allow Mexicans to work legally in the United States, Obama was also evasive. "I voted twice for comprehensive immigration reform that would have provided a pathway for legalization and improvement of the orderly path of migrants into the United States," he...