OOD DAY FOR: Living for the moment, as more and more U.S. consumers are thawing their spending freeze amid signs that the economy is stabilizing—and to celebrate such things as surviving a round of layoffs. April saw the largest jump in consumer confidence in two years, and many economists see personal consumption starting to rise in July. (Bloomberg) Not yet, though. The Commerce Department reported that retail sales fell for a second straight month in April. (Reuters)
BAD DAY FOR: Cheerios, after the Food and Drug Administration ordered General Mills to stop claiming that the breakfast cereal can reduce cholesterol levels by 4 percent in six weeks. The FDA didn’t dispute the claim, but said that only drugs can list specific, measurable health benefits. If Cheerios wants to market itself as a cholesterol aid, it can submit its research to the FDA for rigorous scientific scrutiny. (The Washington Post)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- Why is American internet so slow?
- What the collapse of the Ming Dynasty can tell us about American decline
- What would a U.S.-Russia war look like?
- 7 ways to be the most interesting person in any room
- Colorado’s new ‘drive high, get a DUI’ commercials are actually pretty clever
- 22 TV shows to watch in 2014
- Who are the real gay marriage bigots?
- Sorry Belle Knox, porn still oppresses women
- Ukraine's fraught relationship with Russia: A brief history
- 10 classic Sesame Street moments we wouldn't show today's kids
Subscribe to the Week