In the aftermath of the worst recession in decades, many are concerned about future growth in our economy. Consumer behavior has fundamentally changed. Deflation seems possible, unemployment is rising, housing has collapsed and banks are reluctant to lend. Conventional wisdom says things are different now and so the recovery will be weak, if at all. This is […]
The 20th anniversary of the 1989 Velvet Revolution that overthrew the Communist regime in Czechoslovakia was one of the most impressive civil insurrections in history. It was not the military might of NATO, but the power of nonviolent action by ordinary citizens which brought down the system. The popular uprising against the repressive system that had ruled […]
Sunday night's American Music Awards proves that a star can have all the money and talent in the world, but that doesn't guarantee you a good stylist. While some celebrities stole the show (see our AMAs Best-Dressed List), some normally fashion-forward folks (ahem, Nicole Kidman, Rihanna, and Kate Hudson) surprised us with major fashion flops. Here […]
The dispute among Democrats foretells of a rowdy floor debate next month on legislation that would extend health care coverage to roughly 31 million Americans.
When the holiday shopping season kicks off the day after Thanksgiving, retailers can expect to see millions of less frightened, but even more bargain-hungry customers.
The five men facing trial in the Sept. 11 attacks will plead not guilty so that they can air their criticisms of U.S. foreign policy, the lawyer for one of the defendants said Sunday.