Recession Briefing 5.19

What Women Really Think
May 19 2009 10:17 AM

Recession Briefing 5.19

Fire-sale auctions of mansions, yachts, sports cars and other trappings of wealth have become increasingly common as the rich become less rich. ( Wall Street Journal )

New home building figures have unexpectedly hit a record low , with unemployment and foreclosures deterring builders. ( CNN/Money )

Advertisement

"Green shoots of human compassion abound," writes Derek Thompson. "So should we all stop worrying and learn to love a world with much less money?" ( The Atlantic )

The unemployment rate for adult men is ahead of the national average at 9.4 percent versus 8.9 percent for all workers. The implications may hamper the recovery as families that once had male breadwinners struggle. ( Reuters )

As the national economy transforms in the wake of the economic crisis, growth and development across the country are moving away from the suburban and exurban fringe and toward center-cities and close-in suburbs. ( The Big Money )

Hollywood 's response to the recession? Maintain a fabulous facade on the cheap while paring expenses behind the scenes. ( New York Times )

With home prices having dropped, the majority of those being sold now in the U.S. are considered "affordable." The most "affordable" city in the nation by this metric is Indianapolis. ( CNN/Money )

When restaurant chains are floundering, what accounts for the sizzle in P.F. Chang's wok? The company has avoided wholesale restructuring and panicky discounting. ( Slate )

The era of operating easily on borrowed money is over, at least for now, for businesses as well as consumers. That in turn is changing the way companies operate. ( New York Times )

"Only the optimists survive" would be an appropriate motto for leaders in today's and tomorrow's business climate, writes Waren Bennis. ( BusinessWeek )

 

TODAY IN SLATE

Medical Examiner

Here’s Where We Stand With Ebola

Even experienced international disaster responders are shocked at how bad it’s gotten.

Why Are Lighter-Skinned Latinos and Asians More Likely to Vote Republican?

A Woman Who Escaped the Extreme Babymaking Christian Fundamentalism of Quiverfull

The XX Factor
Sept. 22 2014 12:29 PM A Woman Who Escaped the Extreme Babymaking Christian Fundamentalism of Quiverfull

Subprime Loans Are Back

And believe it or not, that’s a good thing.

It Is Very Stupid to Compare Hope Solo to Ray Rice

Building a Better Workplace

In Defense of HR

Startups and small businesses shouldn’t skip over a human resources department.

How Ted Cruz and Scott Brown Misunderstand What It Means to Be an American Citizen

Divestment Is Fine but Mostly Symbolic. There’s a Better Way for Universities to Fight Climate Change.

  News & Politics
Politics
Sept. 22 2014 6:30 PM What Does It Mean to Be an American? Ted Cruz and Scott Brown think it’s about ideology. It’s really about culture.
  Business
Moneybox
Sept. 22 2014 5:38 PM Apple Won't Shut Down Beats Music After All (But Will Probably Rename It)
  Life
Atlas Obscura
Sept. 23 2014 9:01 AM Tristan Da Cunha: Life on the World's Most Remote Island
  Double X
The XX Factor
Sept. 22 2014 7:43 PM Emma Watson Threatened With Nude Photo Leak for Speaking Out About Women's Equality
  Slate Plus
Slate Plus
Sept. 22 2014 1:52 PM Tell Us What You Think About Slate Plus Help us improve our new membership program.
  Arts
Brow Beat
Sept. 23 2014 8:46 AM How Men Talk About Relationships in Rom-Coms: While Playing Sports
  Technology
Future Tense
Sept. 22 2014 6:27 PM Should We All Be Learning How to Type in Virtual Reality?
  Health & Science
Bad Astronomy
Sept. 23 2014 7:00 AM I Stand with Emma Watson
  Sports
Sports Nut
Sept. 18 2014 11:42 AM Grandmaster Clash One of the most amazing feats in chess history just happened, and no one noticed.