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Real Housewives Feel Recession
 Real Housewives 
 Feel Recession 
NO MORE YACHTS
Dec 18, 2009 10:51 AM CST

Real Housewives Feel Recession

Orange County reality show stars are downgrading, like the rest of us

(Newser) - The next time you have to clean your own house or resort to shopping at—gasp!—H&M instead of Prada, don’t feel bad: The stars of Real Housewives of Orange County are right there with you. As if those shocking belt-tighteners aren’t bad enough, one of...

Summers: Recession Is Over
 Summers: 
 Recession 
 Is Over 



TALK SHOW ROUNDUP
Dec 13, 2009 11:44 AM CST

Summers: Recession Is Over

No, it's not, says fellow White House adviser

(Newser) - Key White House economic advisers split today on whether the recession's over, reports Politico . "Everybody agrees that the recession is over, and the question is what the pace of the expansion is going to be," Larry Summers said on State of the Union. Christina Romer didn't get that...

Now Is the Time for Extravagance
 Now Is 
 the Time for 
 Extravagance 
BEN STEIN
Dec 7, 2009 11:41 AM CST

Now Is the Time for Extravagance

After all, what good is your money when you're too old to have fun?

(Newser) - Ben Stein still doesn’t think it’s a good idea for you to “run out of money before you run out of breath,” but assuming you have a little extra, he highly recommends you use it to buy stuff—now. Life is short, he writes in Fortune...

How Australia Dodged the Recession

How one country ducked the economic downturn

(Newser) - Australia has weathered the financial crisis better than any other developed country. Last week its central bank raised interest rates, indicating its primary concern is now inflation, not growth. What were the keys? Phil Dobbie of BNET explains:
  • Befriending China: Australia used to export much of what it made to
...

Bladeless Fan 'Mind-Bending Sensation'
 Bladeless Fan 
 'Mind-Bending 
 Sensation' 
PRODUCT REVIEW
Oct 12, 2009 8:14 PM CDT

Bladeless Fan 'Mind-Bending Sensation'

But at $300, not a hugely different experience from the $10 you have now

(Newser) - If you’re in the market for a new desk fan, tomorrow brings a new option: Dyson’s bladeless Air Multiplier. It’s “the most opulent, most eye-catching and”—at $300—“most ludicrously overpriced gadget the company has released yet,” Mark Wilson writes. “And I...

Tiffany's Little Blue Box Keeps Recession Out

Although new cases tout "Items for under $750"

(Newser) - Amid the global economic downturn, one American institution stands strong: Tiffany & Co. “Tiffany is as American as guns,” writes Cintra Wilson for the New York Times. “Tiffany has always managed to navigate the dark spells of the economic cycle. It has survived the Civil War, two...

Things We Want, and Don't, in Odd Recession

Hard-times staples fall by the wayside

(Newser) - The current economic crisis is breaking the recessionary mold, Time reports, with American purchases running counter to expectations. A few surprises:
  • Soup isn’t selling. Typically, the cheap, decent food is a recession staple, but health concerns and rising prices may be driving us away from it.
  • Organic food sales
...

This Guy's Getting $60K to Tweet About Wine

Winner will live in California, Tweet about wine

(Newser) - Hardy Wallace recently lost his job—but he’ll soon be making $10,000 a month promoting Murphy-Goode winery on the Web, as the winner of the much-touted “Really Goode Job,” the San Francisco Chronicle reports. The Atlantan, who has a wine blog and has taken sommelier education...

Seacrest Seals 3-Year, $45M Deal

Believed to be highest-paid reality host

(Newser) - Ryan Seacrest isn’t feeling the recession. The ubiquitous TV personality has closed a new deal that's believed to make him the highest-paid reality host, according to the Hollywood Reporter. The American Idol host’s 3-year deal with CKX, Idol’s parent company, is worth $15 million a year—more...

$50K Hermes Bag Is Recession-Proof

In tough times, designer's bag sales are up

(Newser) - High-end designers everywhere are closing down storefronts, but somehow Hermes’ sales are up. The iconic brand has managed to beat the recession by ignoring it, continuing to sell $50,000 bags that require years on a waiting list to own. “Hermes’ position is unique; it is at the very...

Designer Shorts Go Long on Price Tag

What recession? Some styles cost $775 or more

(Newser) - Men’s shorts, once the outfit of choice for working outside or lounging around the house, are the new fancy dress pants—or so designers are trying to convince the world. And the new generation of shorts has the price tag to match, the New York Times reports, with high-end...

Vineyard Offers $10K/Month to Drink, Tweet About Wine

(Newser) - A California winery has a tempting offer for tech-savvy oenophiles, the San Francisco Chronicle reports. The Murphy-Goode Winery will set up the right candidate with a $10,000-a-month job at its Sonoma County HQ blogging and Twittering about, well, wine. The 6-month gig includes room and board; the 2-month hiring...

Walgreens Jettisons Chia Obama
Walgreens Jettisons
Chia Obama
Apr 8, 2009 10:43 AM CDT

Walgreens Jettisons Chia Obama

Afro-sporting pottery planter 'didn't fit our corporate image'

(Newser) - Walgreens has pulled Chia Obama from its shelves, saying the Afro-growing pottery novelty “didn’t fit our corporate image,” the Chicago Tribune reports. “We didn’t want to be subject to any misinterpretation over the product,” said a spokesman, who said he was misquoted yesterday as...

Christie's $264M Auction Stuns Art Market

(Newser) - Celebrity power revived the art market in Paris for at least one night, the Wall Street Journal reports. Despite the economy, a giddy atmosphere prevailed at Christie's as bidders battled over blue-chip works from Yves Saint Laurent's personal collection, dishing out $32 million more than expected. Only a moody, Cubist...

Dentists Feel No Pain in Recession

(Newser) - Clenched jaws abound during this recession, and a combination of stress-related damage and layoff victims rushing to be treated before they lose their insurance is helping keep dentistry afloat as the economy dives. Dentist's offices last year reported the highest profit margins of any industry, including top moneymakers like accounting...

Dudes Get Paid to Goof Off in Recession

CollegeHumor.com brings sophomoric fun to MTV

(Newser) - High above the streets of Manhattan, where recession fears and Madoff angst prevail, a horde of twentysomethings are filling an office with 40,000 plastic balls—or counting how many bags of Doritos a colleague can eat. Meet the folks behind CollegeHumor.com, the popular, if puerile, website whose TV...

Cobblers in Stitches Thanks to Recession

Dwindling trade gets boost as Americans pinch pennies

(Newser) - If this recession reaches Great Depression levels, there may not be enough cobblers to go around. There are only 7,000 of them left in the US—down from 120,000 in the 1920s—and their business is piling up faster than they can manage as strapped Americans repair shoes...

Apple Harvests Record Profit

Holiday iPod sales surge defies Wall Street

(Newser) - A late surge in holiday iPod sales boosted Apple quarterly revenue and profits to a record high, reports the Los Angeles Times. Wall Street analysts had predicted a slump of up to 18% in Apple sales, but despite the recession, the company is reporting $1.61 billion in profits on...

What Slump? Big Blue Sees Growth

IBM had a good Q4 and says its business services and software sales are solid

(Newser) - Strong software and business-services sales—including outsourcing services, a cash cow in the current economy—pushed IBM’s profits up 12% in the fourth quarter and prompted a recession-busting forecast of continued growth for 2009, reports the Wall Street Journal. Although Big Blue's revenue fell in the quarter, its margins...

Obama Junk Is Recession-Proof
 Obama Junk Is 
 Recession-Proof 
OPINION
Jan 19, 2009 2:06 PM CST

Obama Junk Is Recession-Proof

(Newser) - Say what you want about the economy—“like for example, it blows”—but one business is booming: Crap with Barack Obama on it. From votive candles to toilet paper to “victory plates,” you can find the president-elect’s mug on just about anything these days, writes...

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