Word: spend
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...According to Cambridge Energy Research Associates, our monthly expenses on gasoline amounted, on average, to only 3.8% of total household budget in 2006. Yet amid all the confusing data on the state of the U.S. economy, what we spend at the local service station is the most tangible way for consumers to measure the value of their dollar...
...came when President Chen Shui-bian survived an assassination attempt while campaigning for re-election in his native county. Last fall, the island's ravenous press corps lined Tainan's streets to greet another hometown hero, New York Yankees pitcher Wang Chien-ming, when he returned to spend the off-season with his parents. But the most recent development will likely outlast the next-day news cycle: the sleek new bullet train has arrived, opening up a southward escape route from scooter-choked Taipei...
When Karen Fisher's mother passed away 11 years ago, her father, then 72, began to spend nearly all his time traveling or staying at a second home in Brownsville, Texas. "He wasn't the kind of guy you worried about being alone at Christmas," says Fisher, 49, who lives in Grand Rapids, Mich. But in January, her father fell seriously ill. Eighty-three and infirm, he has returned to Michigan, where Fisher, after cutting her work hours and income, helps care for him. Her husband, she says, "has been supportive. But you sort of ask, 'How many years...
...countermigration of elderly retirees offers some important lessons for those just embarking on their youthful retirement years--roughly ages 60 through 72. Yes, we're living in a time of unprecedented longevity and health, and there is nothing wrong with planning to spend 10 to 20 years in the sun. But we all grow old, and then our values can change in a hurry. Some things to consider before picking up stakes and heading where it's warm...
...annual rate of 4.1% over the next several years, which means more than a billion tourists a year will be on the move by 2010. And many of them will be economy-minded travelers who often pay less than $100 for a plane ticket and aren't inclined to spend several hundred bucks more for a hotel room. At the same time, large plots of real estate in major cities have become increasingly scarce and expensive, making it less profitable to develop traditional hotels. This puts hoteliers in a bind. With costs rising, how will they accommodate the growing legions...