The bottom line
Consumer confidence jumps; Wall Street cuts jobs, raises pay; Goldman Sachs's muppet hunt; Desktop web searches decline; Pizza Hut scraps debate freebie
Consumer confidence jumps
Americans are feeling much better about the state of the economy. Consumer confidence jumped this month to its highest level since before the 2008 financial crisis, and is up 10.8 points since July, to 83.1, according to the Thomson Reuters/University of Michigan consumer sentiment index.
Reuters.com
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Wall Street cuts jobs, raises pay
Though thousands of Wall Street jobs have been cut in recent years, total compensation at financial firms rose last year by 4 percent, to more than $60 billion. That’s the highest total for any year except 2007 and 2008.
The New York Times
Goldman Sachs's muppet hunt
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
After former Goldman Sachs employee Greg Smith publicly resigned in a New York Times op-ed and accused colleagues of referring to clients as “muppets,” the bank sifted through millions of emails, an effort that was internally nicknamed “the muppet hunt.” Investigators found about 4,000 “muppet” references, but said 99 percent of those referred to last year’s movie of the same name.
Financial Times
Desktop web searches decline
Web searches on desktop computers declined in September for the first time since tracking began, in 2006, according to research and investment firm Macquarie Group. Analysts say such searches will keep declining as people shift from websites to mobile apps.
BusinessInsider.com
Pizza Hut scraps debate freebie
Pizza Hut scrapped an offer this week to award free pizza for life to anyone willing to ask Mitt Romney or Barack Obama if they prefer sausage or pepperoni during the town-hall presidential debate. The chain was criticized for trivializing the political process.
New York Daily News
Create an account with the same email registered to your subscription to unlock access.
-
How can you save on homeowners insurance?
The Explainer With the rise in extreme weather, house protection is a non-negotiable
By Becca Stanek, The Week US Published
-
Donald Trump is downplaying his position on abortion
The Explainer He says it's a state issue, but opponents have concerns
By Joel Mathis, The Week US Published
-
5 spellbinding new books to read in October. Witches and colonization tales included.
The Week Recommends Ta-Nehisi Coates shines a light on Palestine, and Louise Erdrich takes us to North Dakota
By Theara Coleman, The Week US Published
-
The bottom line
feature Working families continue to struggle; The least-trusted industries; The bestselling vehicle; Mobil device use triples; Global unemployment among the young
By The Week Staff Last updated
-
The bottom line
feature The cost of e-filing; Dipping into nest eggs early; What Americans are drinking; Planning for death; How tax refunds are spent
By The Week Staff Last updated
-
The bottom line
feature Building bigger houses; And tuition at OSU is?; Christmas at McDonald's; Self-gifting at Christmas; Lloyd’s prepares for Hurricane Sandy claims; Google's billions
By The Week Staff Last updated
-
The bottom line
feature Good results for the third quarter; Compensation at financial firms hits a high; Three cities with recovering economies; Good year for car sales; Broadway's best performance ever; Tax bite is less in 2010 than in 1980
By The Week Staff Last updated
-
The bottom line
feature Airlines cut domestic flights; Income up in small cities and rural areas; Bond and Lincoln lift box office earnings; Don't be fooled by Black Friday; The high toll of identity theft
By The Week Staff Last updated
-
The bottom line
feature The gender pay gap; U.S. economic growth; Parents who argue about money; Online subscriptions rise
By The Week Staff Last updated
-
The bottom line
feature Can the U.S. keep up?; Airlines spend billions on runway taxiing; Americans exaggerate their working hours; The Dow Jones's 67.9 percent gain; Success and summer babies
By The Week Staff Last updated
-
The bottom line
feature Few tweets for CEOs; BofA settles Merrill Lynch lawsuit; Facebook and Twitter in China; Global trade slows down; Smartphones' rising share of household costs; Temporary jobs for the unemployed
By The Week Staff Last updated