Shoppers stormed retail stores this past weekend, and now on Cyber Monday, many are clicking their way to more purchases.
"I am definitely a price-based shopper," said Sarah Kelly, a 28-year-old Washington, D.C., resident who bought a KitchenAid mixer Monday morning as a holiday gift. She also bought shoes, clothes and other presents after waking early to search for online coupons and shipping offers. "I only purchase if the shipping is free," she said.
Bloomberg ran quite a story, yesterday. It stems from a Freedom of Information Act Request that yielded the details of previously secret borrowing from the federal government to the biggest banks.
The bottom line, reports Bloomberg, by March of 2009, the Fed had committed $7.77 trillion "to rescuing the financial system, more than half the value of everything produced in the U.S. that year." The lending began in August of 2007.
The acclaimed, eccentric, and very polarizing British film director Ken Russell has died, after a series of strokes at the age of 84.
The director of Tommy, Women In Love and Altered States, Russell was known for a florid style and fascination with sadomasochism that earned him condemnations and a cult following. His adaptations of classic literature and over-the-top biopics ranged from perverse to merely provocative — and an indelible nickname: "Kinky Ken Russell."
The U.S. military has spent more than $42 million to test every service member's brain to find out who suffered a traumatic brain injury, or TBI, during the Iraq and Afghanistan wars. But an investigation by NPR and ProPublica has found that military leaders are refusing to carry out the testing program as Congress ordered. Partly as a result, the program that was supposed to fix things has hardly helped any of the troops.
At point today, the Dow Jones Industrial Average jumped 2.9 percent to 11,554. The rally comes after news that European leaders had made progress on a solution to the sovereign debt crisis and record sales this past Friday.
It also comes after a 4.8 percent downturn last week, the worst Thanksgiving week since the markets started observing the holiday in 1942.
Originally published on Tue November 29, 2011 12:39 pm
It's funny how the birthplace of one little bean can stir up a world of passions. But when it's the soybean, maybe it's not such a shocker.
Soy plays an outsized role in human history, serving as the primary source of protein in Asia for millennia. That can slip by people in the United States, where — until very recently — the super-nutritious bean was relegated to animal feed.
Anxious parents sometimes ask the pediatrician if they can postpone vaccines for young children. And a new survey suggests quite a few doctors go along with the requests, despite standing recommendations they stick to a strict schedule.