Word: spend
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...industry has grown up around birthday parties for the younger set. Greeting card company Hallmark estimates that people spend over $600 million on kids' cards, gift-wrap and partyware every year. Companies like Libby Lu have make-over parties, Build-A-Bear stores have private party rooms and there's even a museum that allows kids to dissect sheep's eyeballs. It can cost from $500 to $1,000 to hold a party at one of these venues - or $38,000 if you want to rent out famed toy store FAO Schwartz for a sleepover...
...recent meeting of the New England Association of Schools and Colleges, interim University President Derek C. Bok pointed out, “The Ph.D., in my knowledge, is the only major professional program in the United States that does not prepare students for the activity that they will spend most of their professional lives [doing].” Therein lies the problem...
...Anyway, the camera loved her natural glamour: the doe eyes, the perfection and intelligence of her mouth. And she trusted the camera to capture the subtle shades of delight or disapproval - passion rendered with delicacy. In Sabrina she must spend most of her time hiding her true feelings from two men who can't decide if they love her. The whole enchanting performance, like so many that would follow, is a private conversation between Hepburn and her 35mm confidante...
...news is good. Young people have much higher rates of sexually transmitted disease than adults. And kids spend less time outdoors these days (only 25 minutes a week for the average 6-to-12-year-old) and more time with Wiis and iPods. Kids' lives are also indisputably more scheduled now, partly because the baby boomlet has made lite college admissions tougher. But last year a team led by Joseph Mahoney of the Yale psychology department wrote a paper for the journal Social Policy Report showing that most of the scheduling is beneficial: kids' well-being tends to improve...
...YANKEES What economists are struggling to predict is how pervasive the impact of this housing slowdown will be on the rest of the U.S. economy, and abroad. Perhaps most surprising, American consumers are continuing to spend, regardless: automobile purchases are sluggish, but retail sales rose by a higher-than-forecast 0.9% in December. "I'm not prepared to bet against the American consumer. That's a highly dangerous proposition," says Jesper Koll, chief Japan economist for Merrill Lynch...