Word: stuff
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...year is but one hurdle in a longer financial gauntlet, according to this bleak assessment from the National Conference of State Legislatures (NCSL). Corina Eckl, the NCSL's fiscal program director, recently compared the endless waves of grim economic forecasts to "breaking your leg and then getting pneumonia." Cheery stuff...
...extensive was your sailing background? I've been sailing my whole life and I'd lived on boats for eight years. So I did have quite a bit of experience. But I had never done very much solo stuff...
...that is, after a mandatory splash of Michael Jackson. There is more interest, argument and passion surrounding the condition and future of American business than there has been in several generations. And yet, in the space of three months, two business magazines - the organs that exist to offer the stuff people are clamoring for - have been abandoned. One, Portfolio, a newbie, was closed. The other, Business Week, an old stalwart, is up for sale, according to reports that caught even the magazine's own editorial staff by surprise...
...Banks are seeing some light in their trading operations (Goldman Sachs is a star performer in that category), there's more mortgage-refinancing happening, and credit-card problems may be bottoming - all good stuff, say Goldman's strategists. But there's another important reason the earnings for S&P financial stocks are looking better: many of the sickies are gone from the index, including Lehman Brothers, Fannie Mae and Freddie...
...people spending real money on this stuff? Humor is clearly a big draw: a study last year by Lightspeed Venture Partners found that virtual ninjabread cookies are given twice as often as virtual chocolate. There's even a create-your-own-gift application, which has more than 300,000 users. Make yours clever enough, and you could horn in on the estimated $42 million in Facebook gift sales...