More laws to come from Dodd-Frank
The Dodd-Frank financial reform law was signed two years ago this week, but regulators have met just 37 percent of the law’s rule-making deadlines. “We’re getting there,” said Rep. Barney Frank (D-Mass.), one of the law’s chief architects.
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Digg.com gets sold
The website Digg.com, a social-media pioneer, sold last week for $500,000, a far cry from its $160 million valuation just four years ago. Founded in 2004, Digg allows users to share and promote news stories, but it has been eclipsed by social sharing on Facebook, Twitter, and rival Reddit.
The Wall Street Journal
For China, six quarters of slowing growth
China’s economy has slowed for the past six quarters, raising concerns that it will not be able to prop up global growth at a time when economies in the U.S. and Europe also remain sluggish. China’s GDP grew 7.6 percent last quarter, the slowest rate since 2009.
The Washington Post
Sales of yogurt take off
Yogurt is the fastest-growing food in the U.S., thanks largely to the wild popularity of Greek yogurt, a firmer, more filling, and generally more expensive variation of the product. Overall, yogurt sales have outpaced 2010 sales by 15 percent, while Greek yogurt sales have doubled in each of the past three years, according to Nielsen.
Los Angeles Times
Teaching children to save
Children with a savings account are seven times more likely to attend college than their peers who lack savings. They are also twice as likely to graduate or be on track to graduate from a two- or four-year college by age 23.
The Washington Monthly
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Quiz of The Week: 16 – 22 AugustQuiz Have you been paying attention to The Week's news?
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Can Soho House get its edge back?Talking Point The private members' club has lost its exclusive appeal – but a £2 billion buy-out could offer a fresh start
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The week's best photosIn Pictures A human pyramid, a church on wheels, and more
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The bottom linefeature Working families continue to struggle; The least-trusted industries; The bestselling vehicle; Mobil device use triples; Global unemployment among the young
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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
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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
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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
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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
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The bottom line
feature The gender pay gap; U.S. economic growth; Parents who argue about money; Online subscriptions rise
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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
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The bottom line
feature Consumer confidence jumps; Wall Street cuts jobs, raises pay; Goldman Sachs's muppet hunt; Desktop web searches decline; Pizza Hut scraps debate freebie