OOD 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
- The sexual politics of Game of Thrones just got enormously worse
- 31 TV shows to watch in 2014
- He said he was leaving. She ignored him.
- The hidden reason for the student loan crisis
- 14 wonderful words with no English equivalent
- Why atheism doesn't have the upper hand over religion
- Wounded in Boston, two brothers endure
- What would a U.S.-Russia war look like?
- If a nuclear bomb exploded in downtown Washington, what should you do?
- The Democrats have a mega-donor problem
Subscribe to the Week