Too little confidence from consumers, Too much confidence in Tiger Woods
Good day for pessimists, bad day for jumping to conclusions
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
You are now subscribed
Your newsletter sign-up was successful
Good day for: Pessimists, as stocks took their sharpest dive in six weeks on Monday on new worries about the economy. The slide began on Friday when bad consumer confidence numbers were released, as analysts warned that even with the housing market showing signs of stabilizing the economy can't recover without steady spending be consumers. (Associated Press)
Bad day for: Jumping to conclusions, after an Irish bookmaker paid out about $2 million to 5,000 people who bet on Tiger Woods to win the PGA Championship as the world No. 1 golfer entered the last round with a comfortable lead. Woods, who had never blown a lead in the final 18 holes of a major tournament, finished five strokes behind South Korean golfer Y.E. Yang. (Agence France Presse)
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
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.
-
‘Those rights don’t exist to protect criminals’Instant Opinion Opinion, comment and editorials of the day
-
Key Bangladesh election returns old guard to powerSpeed Read The Bangladesh Nationalist Party claimed a decisive victory
-
Judge blocks Hegseth from punishing Kelly over videoSpeed Read Defense Secretary Pete Hegseth pushed for the senator to be demoted over a video in which he reminds military officials they should refuse illegal orders