Recession Briefing 8.25

What Women Really Think
Aug. 25 2009 9:56 AM

Recession Briefing 8.25

Cities nationwide have been logging fewer traffic fatalities since the current recession officially started in December 2007 , according to the National Highway Traffic Safety Administration. ( Arizona Republic )

Beginning late this fall, a new Cash-for-Clunkers-type program will authorize rebates of $50 to $200 for purchases of high-efficiency household appliances. ( BusinessWeek )


After spawning legions of victims, the recession is forging a class of winners. Downturns "are very fertile fields of opportunity," says Nancy Koehn, a business historian and professor at Harvard Business School. ( Wall Street Journal )

Penny-pinching Americans are getting cold feet at the checkout - thinking twice about spending and ditching items before they’re rung up. ( Associated Press )

The signs are growing that there’s a new Wall Street gold rush under way - for the same complex bundles of mortgage loans that fueled banks’ profits between 2005 and 2007. ( The Big Money )

Rhode Island will shut down its state government for 12 days and hopes to trim millions of dollars in funding for local governments to balance a budget hammered by surging unemployment and plummeting tax revenue. ( Associated Press )

The Obama Aministration will issue national debt numbers today that show federal debt rising by $9 trillion over the next decade - significantly higher than the forecast earlier this year. ( Financial Times )

Brian Wingfield writes that President Obama’s decision to retain Ben Bernanke as Federal Reserve Chairman sends a message that he doesn’t think the crisis is over. ( Forbes )

The U.S. government’s popular "Cash for Clunkers" program officially ended last night, and auto dealers across the country are now bracing for a hangover. ( Washington Post )

The Federal Reserve must for the first time identify the companies in its emergency lending programs after losing a Freedom of Information Act lawsuit. ( Bloomberg )


Sports Nut

Grandmaster Clash

One of the most amazing feats in chess history just happened, and no one noticed.

The Extraordinary Amicus Brief That Attempts to Explain the Wu-Tang Clan to the Supreme Court Justices

Amazon Is Officially a Gadget Company. Here Are Its Six New Devices.

Do the Celebrities Whose Nude Photos Were Stolen Have a Case Against Apple?

The NFL Explains How It Sees “the Role of the Female”

Future Tense

Amazon Is Now a Gadget Company


How to Order Chinese Food

First, stop thinking of it as “Chinese food.”

Scotland Is Inspiring Secessionists Across America

The Country Where Women Aren’t Allowed to Work Once They’re 36 Weeks’ Pregnant

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  News & Politics
The World
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  Double X
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Sept. 18 2014 12:03 PM The NFL Opines on “the Role of the Female”
  Slate Plus
Behind the Scenes
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Brow Beat
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Future Tense
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  Health & Science
Bad Astronomy
Sept. 18 2014 7:30 AM Red and Green Ghosts Haunt the Stormy Night
Sports Nut
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