GOOD DAY FOR: Green shoots, as the U.S. economy expanded 3.5 percent in the third quarter, the first uptick in GDP in more than a year, on federal stimulus dollars starting to kick in. The rate of expansion beat expectations, although optimism about an economic recovery is tempered by anemic unemployment numbers. (Bloomberg)
BAD DAY FOR: Holiday spirits, as only 62 percent of offices are planning to throw holiday parties this year, down from 77 percent last year and 90 percent in 2007, according to Challenger, Gray & Christmas. “For companies that have recently announced layoffs or other significant cost-cutting measures, such as wage freezes, it would be difficult to justify, let alone get in the mood for a holiday party,” said CEO John Challenger. (Reuters)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- Why you should stop believing in evolution
- Internet piracy isn't killing Hollywood
- 4 things NASA can teach you about a good night's sleep
- Why isn't 'Arkansas' pronounced like 'Kansas'?
- It's time for the police to rethink 'shoot-to-kill'
- The secret to handling pressure like astronauts, Navy SEALs, and samurai
- This 1,600-year-old Viking war game is still awesome
- How Israel's hawks intimidated and silenced the last remnants of the anti-war left
- Congress' craven approach toward the war on ISIS
- The fascinating political evolution of Paul Ryan
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