GOOD 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 Mitt Romney is perfectly poised for a comeback in 2016
- How to make classic pulled pork
- 8 secrets to steal from power networkers
- Why is the West so afraid of Islam?
- The Nazi smart bomb that inspired China's most dangerous weapon
- Here's the schedule very successful people follow every day
- Don't vote for Andrew Cuomo
- The best places to find love — and lust — according to science
- How The Killing survived two cancellations and ended on its own terms
- What would a U.S.-Russia war look like?
Subscribe to the Week