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June
12
With banks reluctant to loosen purse strings and credit-card companies aggressively slashing credit lines, a growing number of consumers are turning to the once murky world of pawnshops for quick cash. "Loans are up 20% to 25%," estimates David Crume, president of the National Pawnbrokers Association.
The trade group's executive director, Dana Meineke, says the weak economy and turmoil in the credit markets are expanding the customer base. "We're seeing some new faces," says Daniel ...
May
22
Just as wars -- two World Wars and, equally important, the cold war -- dominated the geopolitical map of the 20th century, economics will rule over the 21st. All the big questions confronting the world in the century ahead are basically economic. Is the U.S. in an irreversible decline as the world's premier power? Will Japan continue its competitive conquest of international markets? Can Europe manage to hold together the world's largest trade bloc in the face of strong centrifugal ...
May
16
You've got to give Donald Trump credit: he's everywhere, and everywhere he goes, he manages to offend in new and different ways. Take his quotes in the latest book by MSNBC Morning Joe co-host Mika Brzezinski, Knowing Your Value: Women, Money, and Getting What You're Worth. When asked about hiring working moms, the Donald replies skeptically, "She's not giving me 100%. She's giving me 84%, and 16% is going towards taking care of children." As a single working mother of ...
May
3
As the news of Osama bin Laden's death moves from exhilarating novelty to accepted reality, one group in the U.S. government will emerge as key to the win: the Central Intelligence Agency. From the earliest identification of a Bin Laden courier, the pursuit of leads, the assessment of evidence and the execution of the raid in Abottabad, Pakistan, the CIA can rightly claim the most credit for finding and killing the world's most wanted terrorist.
Taking credit for ...
April
30
What parent hasn't used candy to pacify a cranky child or head off a brewing tantrum? When reasoning, threats and time-outs fail, a sugary treat often does the trick. But while that chocolate-covered balm may be highly effective in the short term, say British scientists, it may be setting youngsters up for problem behavior later. According to a new study, kids who eat too many treats at a young age risk becoming violent in adulthood.
The research ...
April
12
Burma General Than Shwe says he’s stepping down. But few believe himPosted by: Category: Daily News
More often than not, dictators, like mafia dons, can never retire. It's a rare strongman who can avoid an assassination, coup or revolution and fade into the sunset on his own terms rather than with a prison term. Yet according to members of Burma's newly inaugurated government, Senior General Than Shwe, who ruled the impoverished Southeast Asian country since 1992, has hung up his epaulets and handed over power to chosen successors. Few Burma watchers, and few ...
April
10
I was a 37-year-old senior vice president in charge of the consumer-products-and-publishing division at Nickelodeon, the children's cable channel, in my office celebrating with a few colleagues the announcement of a huge, groundbreaking deal with Sony to create and market home videos of our hit shows, such as Rugrats and Ren & Stimpy. The phone rang. My assistant shouted, "Oh, man it's Sumner! On Line 1!" Sumner Redstone, that is, then as now the chairman and majority owner ...
March
21
N.T. "Tom" Wright is one of the most formidable figures in the world of Christian thought. As Bishop of Durham, he is the fourth most senior cleric in the Church of England and a major player in the strife-riven global Anglican Communion; as a much-read theologian and Biblical scholar he has taught at Cambridge and is a hero to conservative Christians worldwide for his 2003 book The Resurrection of the Son of God, which argued ...
October
30
The United States on Friday sought clarification from Iran in response to its counter-offer involving shipping low-enriched uranium for refining abroad, senior administration officials said.Clinton told CNN that Western officials were working to determine what the Iranians are willing to do -- whether Tehran's decision is final or an interim statement. Iran sent its response Thursday to the IAEA, the U.N. nuclear watchdog. The agreement was designed to reduce the amount of material Iran has to possibly make a nuclear ...
October
1
Not since the days of President Daniel arap Moi, a classic African "Big Man," has the U.S. been so tough on Kenya. The latest salvo came on Sept. 24, when Washington threatened to ban 15 senior officials from the U.S. for their failure to push through reforms after bloody post-election violence in early 2008. Even worse for a cash-strapped Kenya, the U.S. promised to scrutinize the government's requests to the International Monetary Fund and the World Bank. This ...
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