With American college costs rising, and the American dollar strong against the Canadian currency,
more and more high school students are looking to Canadian universities for their college education.
(
New York Times
/
The Choice
)
Treasury Secretary Timothy Geithner is feeling the effects of the recession first-hand : Having moved his family to Washington, he has found himself unable to sell the family’s suburban home in New York - and now is renting it out instead. ( Associated Press )
High-rolling broker to waiter: Some former Wall Street employees, highly trained and accustomed to comfortable salaries, are finding themselves forced to accept low-wage work. ( Wall Street Journal )
Several large banks that received bailouts are “eagerly awaiting” an okay from the Federal government to pay the money back. ( Washington Post )
The impact of high food and fuel prices in early 2008 and the deepening recession later in the year made the world more violent and unstable in the last year , according to a new study. ( Reuters )
The biggest challenge confronting marketers is how to deal with the Meineke mind-set - “I’m not going to pay a lot for this muffler!” - consumers have adopted as a result of the recession.
(
New York Times
)
Retailers have already begun aggressive advertising campaigns, but
consumers say they are planning to spend less on their dear old dads this father’s day.
(
Reuters
)
Cutting back with class: “Being frugal involves skimping on yourself and being cheap means skimping on others - whether in terms of money or thoughtfulness.” ( Washington Post /Small Change )
MillerCoors sees beer sales growth slowing less rapidly in the downturn than that of wine and spirits . ( Reuters )
For some families, tough economic times mean more time spent together. ( Associated Press )
