As the presidential campaign has unfolded, the candidates have traded polemics about wealth, class warfare, taxes, dependency and the role of government.
And while it may be uncomfortable to admit, some Americans are simply more financially successful than others. But why do some achieve wealth, while others struggle? Why does one woman make it to the executive suite, while another man drives a taxi? And what do we think explains our prosperity — or lack thereof?
Originally published on Wed October 31, 2012 6:36 am
Fanboys and -girls, get ready to celebrate – or be disappointed: Disney announced Tuesday that it was buying Lucasfilm Ltd. for $4 billion, and continue the Star Wars franchise with the first of new series of films in 2015.
Originally published on Wed October 31, 2012 10:32 am
When Superstorm Sandy slammed into the East Coast on Monday, the fragile U.S. economy was just sitting there, stuck in a sluggish-growth mode.
Now, as the massive cleanup begins, business owners, workers and investors are wondering what impact the megastorm ultimately will have on their wallets. Did Sandy weigh down economic activity enough to drown the recovery? Or will the rebuilding efforts boost growth over the longer term?
Originally published on Tue October 30, 2012 4:09 pm
The storm that has spawned so many worst-ever superlatives managed a few more when it comes to electricity, with record-breaking power outages across 18 states stretching from Michigan and Indiana to Maine and North Carolina, according to a Department of Energy assessment.
Just how bad was Sandy's storm surge along the New Jersey coast?
The New Jersey National Guard posted aerial footage of Seaside Heights, N.J., which is about an hour north of Atlantic City. The footage shows vast destruction and streets that have just been covered in sand:
Originally published on Fri December 14, 2012 12:41 pm
When the HMS Bounty set sail in 1787, Captain William Bligh had only his instincts to safely complete a journey from England to the South Pacific island of Tahiti. Last week, Robin Walbridge, captain of a replica of Bligh's ship of mutiny fame, had every modern weather-forecasting resource to plan a voyage from New London, Conn., to St. Petersburg, Fla.
When a storm hits, people count on the local hospital to be ready — no matter what.
But when Sandy slammed into New York City, one of Manhattan's biggest hospitals buckled. After the power went out in Lower Manhattan, New York University Langone Medical Center's backup power generators failed, too.
That led to the evacuation of more than 200 patients to other hospitals, including Mount Sinai Medical Center and Memorial Sloan-Kettering Cancer Center.
Patients were still being moved Tuesday morning, the Huffington Post reported.
Soulful singer-songwriter Allen Stone wasn't allowed to listen to secular music as a child. At a young age, he was exposed to religious music growing up in Washington state because his father was a pastor. In his teens, he dropped out of bible college and moved to Seattle to work on music. A veteran of the West Coast club scene, Stone has now released two albums, the second of which was recently reissued after he was picked up by a national label.
Even though Sandy has switched from hurricane to post-tropical cyclone, it's still a formidable storm. The latest forecast predicts strong winds and coastal storm surges up to four feet in some places. Areas from the eastern Great Lakes region to the mid-Atlantic and up to southern New England can also expect an additional inch of rain.