Word: willingness
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For now, the world's markets seem willing to settle for that. After last week's losses wiped between 15% to nearly 25% of value off indices around the globe, formerly freaked traders scurried to buy back stocks as slow-moving political leaders responded in union to address the credit...
It's too soon to say exactly how much giving will be down, but past experience suggests that a recession will hit charities hard. In a report released last month, the Giving USA Foundation found that on average during recessions (defined as two quarters of consecutive decline in the gross...
Young children have no trouble discussing issues of race while young teens, influenced by social taboos, avoid the topic in social settings, according to a joint study from professors at Harvard Business School and Tufts published last month. The paper, entitled “Learning (not) to talk about race...
Acquiescence to substandard health care is changing in China, especially where rapid economic progress has improved the financial well-being of the country's growing zhong chan jie ji, or middle class. More and more Chinese are willing to pay for superior health-care services. Their presence, combined with an...
When Governor Arnold Schwarzenegger announced that California might have to go to the Federal Government for a $7 billion loan to fund its daily operations, it was the most dramatic display yet of how state and local governments are being buffeted by the deterioration in credit markets. With few willing...