Word: rose
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Late last week, however, Bed Bath & Beyond announced results that actually exceeded the expectations of Wall Street analysts, an all-too-rare event in the retail world. The retailer's profits rose 13.5% for the first quarter. While same-store sales still declined 1.6% - no reason to be jumping for joy in the aisles - many analysts figured the fall would be much worse, in the 4% range. What does Bed Bath & Beyond's improvement say about the state of the consumer psyche? If shoppers are more willing to spend their money on discretionary items like cushioned bath mats...
...well as thousands of other businesses, indicated companies remain more pessimistic than optimistic and are still reluctant to make capital investments. According to Kanno, the results confirm "the upside momentum is getting stronger, but the level of the economic activities is still very low." Japan's unemployment rate rose for the fourth straight month to 5.2% in May, up from 5.0% in April. Job availability is at a record low, with only 44 jobs available per 100 job seekers. The last time unemployment reached 5.2% was in Sept...
...report states that "the ill-treatment and torture" of Palestinian child prisoners "appears to be widespread, systematic and institutionalized, suggesting complicity at all levels of the political and military chain of command." The group's director, Rifaat Kassis, says the number of child arrests rose sharply in the past six months, possibly because of a crackdown on Palestinian protests in the West Bank in the aftermath of Israel's military offensive in Gaza...
Remember, this is a crisis born in part of the fact that households around the world in particular took on too much debt. So debt as a share of our economy rose to extraordinarily high levels, and we're having a recession that is deeper in part because people are having to go back to living within their means. It means probably that you're going to see a slower recovery than we would normally...
...cups a rose at one point in the story, bends to it and watches it blow away in her hands. That might not be the most subtle scene Frears has ever shot, but Pfeiffer's expression, wry, exasperated, sad, is the payoff. Lea is tragically self-aware: while enjoying afternoon tea with former colleagues, which tends to be an amusing, banter-filled affair, she shudders with revulsion at the sight of a portly woman of about her own age - although less well preserved - clutching what looks to be a teenager to her décolletage...