High gold prices, combined with increasing economic uncertainty, means that more families are including gold panning in their vacation plans. Gold panning for some people is more than a hobby: It’s a source of much-needed income.( USA Today )
91,100 Manhattan households feel more comfortable hiding their savings in closets, in pillows - even in brown paper lunch bags - than in banks. ( New York Times )
As a result of the recession, visits to national parks were up about 4 percent in the first half of the year. ( Deseret News )
Some economists expect a powerful recovery, others a sustained but muted one. Some even say it will be neither: a fleeting rebound quickly followed by a second slump. ( Wall Street Journal )
Women with M.B.A.s have fared during the recession as well as their male counterparts , according to a new study. ( Wall Street Journal )
Many economists who were caught off guard by the brutality of the downturn are accentuating the negative , bracing for head winds that could cause the recovery to be weak. ( Washington Post )
Many professionals are leaving corporations for classrooms as the economy continues to wallow and frustrated employees reconsider career trajectories. School districts nationwide are seeing a rise in these applicants. ( Dallas Morning News )
The U.S. economy isn’t giving dentists many reasons to smile yet. 84 percent of dentists said the economy was having a negative or strongly negative impact on their practices. ( Reuters )
The delinquency rate on U.S. mortgage loans hit an all-time high in the second quarter , but the pace of growth for the rate slowed, a possible sign the mortgage crisis may be beginning to turn the corner. ( Associated Press )
While easy money can be thought of as a temporary positive (a sugar high), the end of panic and changes in mark-to-market accounting are more fundamental, write Brian Wesbury and Robert Stein. What they do is take Armageddon off the table. ( Forbes )
TODAY IN SLATE
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