Word: rosing
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...burdened by heavy baggage created during the boom times, problems that could take years to resolve. U.S. consumers are undergoing their own debt workout, one that might even worsen if joblessness continues to rise. Though defaults on credit cards in the U.S. fell in October, delinquencies, or late payments, rose - a sign that financial firms could expect more losses down the road. Japan, which experienced its fastest growth in two years in the third quarter, is dealing with the nasty problem of deflation, an indication that the economy is suffering from excess capacity. The falling prices, by eating away...
...Black Friday alone, preliminary figures indicate that sales rose a modest 0.5%, to $10.66 billion from $10.6 billion a year ago, according to ShopperTrak, a research firm that tracks activity at more than 50,000 retail outlets. Sales fluctuated by region, with the West scoring the biggest increase at 4.7%. This was followed by the Midwest, where sales rose 1.3%, and the South, which posted a 0.6% gain. The Northeast took the biggest hit, with sales tumbling 4.9%. ShopperTrak co-founder Bill Martin reiterated his earlier projection of a 1.6% sales increase for 2009's holiday season...
Born and his team have also been able to influence memory recall during sleep - not with sounds, but with odors. In that study, published in March 2007 in Science, researchers asked people to play a memory card game while the smell of roses wafted through a special face mask. Later that night, when the participants were fast asleep, the same odor was delivered to some of them. The following morning, each person played the same game, and the results were clear: the players who got the nighttime rose odor were significantly better at remembering the card pairs than the group...
...growing quickly as well. In the first nine months of 2009, retail sales in Xi'an jumped 19% compared to those in the same period a year earlier, well above the 14.8% posted in China's cities nationally. BofA Merrill Lynch estimates that retail sales in the western provinces rose 19.2% in the first half of 2009, 3 percentage points more than in the east. "Xi'an has reached a very important development stage," explains Chen, Xi'an's mayor. "Incomes are just at the first point when people can buy homes and cars...
...Consumer spending and debt have been on the decline of late, that's true. But the most recent numbers show signs of a return to our old ways. In October, consumer spending rose 0.7% over the previous month, according to the Commerce Department, which is particularly interesting since personal income only edged up 0.2%. It seems it's going to take more than economic calamity for us to realize that perhaps we should be more prudent with our money...