| Holiday smartphone shoppers set records for mobile retail Dec 21st 2012, 23:33 E-commerce is so last year. This holiday season, nearly one in five holiday shoppers played Santa on a new device — their phones. Stores may remember 2012 as the breakthrough year for mobile with several major retailers reporting huge jumps in their sales made through smartphone devices this season. Read full article >>   |  | Obama to Congress: Your move Dec 21st 2012, 23:17 The biggest news out of President Obama's late Friday news conference might have been the leader of the free world's endorsement of eggnog.
On the fiscal cliff, however, Obama did not offer up many new details on a potential deal. Rather, the president offered a plea for cooler heads to prevail in Washington after a short Christmas break. Read full article >>   | | Special topics in budget physics Dec 21st 2012, 21:26 Is the deficit reduction deal being negotiated by President Obama and House Speaker John Boehner -- or at least the one that was being negotiated prior to the "Plan B" fiasco -- likely to be small-ball, medium-sized or a massive grand bargain that restructures the federal budget? Or is all the talk of deficit reduction misleading, camouflaging a deal that would actually increase deficits dramatically? Read full article >>   | | The incredible shrinking stimulus Dec 21st 2012, 20:49 President Obama's concessions to Republicans on taxes and Social Security have grabbed the headlines, but there's another big area where the White House has shifted considerably in the GOP's direction: direct stimulus to revive the short-term economy. Read full article >>   | | Nuts & Bolts: 2013 Chevrolet Malibu Dec 21st 2012, 18:26 Bottom line: Forget any biases you might have against things GM and Chevrolet. If you are looking for an affordable, mid-size family sedan and you don't put the all-new-for-2013 Malibu on your shopping list, you are cheating yourself. Read full article >>   | | 2013 Chevrolet Malibu: Once an also-ran, now a winner Dec 21st 2012, 18:23 The 2013 Chevrolet Malibu is faith rewarded. It is the belief that excellence in automotive engineering and design can be found in any car company, including General Motors. It is a simple faith, the genesis of this holiday season: Most of us, given a chance, can step up after we've messed up. Read full article >>   | | John Boehner, after 'Plan B' Dec 21st 2012, 18:06 The spectacular blow-up Thursday night of John Boehner's "Plan B" has many in Washington questioning the Speaker's leadership. After he cancelled a vote on his fiscal cliff proposal, known as Plan B, because he failed to garner the votes, will he be able to hang onto his job? If he can't deliver House Republicans on this vote, how can he on one that will likely include broader tax increases? How will he survive the humiliation of this defeat? Read full article >>   | | What negotiation theory can teach us about the fiscal cliff talks Dec 21st 2012, 17:37
In a way, the Obama presidency is the biggest test that the Program on Negotiation at Harvard Law School has ever faced. The program, founded in 1983, has long been a leading source of research on which negotiation methods — and which mediation and arbitration methods — are most effective, and which backfire. It offers courses to law school students and to the general public and frequently lends its services to companies and governments mired in intractable situations. Read full article >>   | | Unemployment drops slightly in District, Virginia and Maryland Dec 21st 2012, 17:02 Unemployment levels in the Washington region dropped by the slimmest of margins in November, mirroring a small but consistent decline in joblessness across the country. The rate dropped a 0.1 percent across the board in Maryland, Virginia and the District, according to government data released Friday. The District's jobless rate remained the highest of the three, hovering at 8.4 percent, well above the national average of 7.7 percent. Conversely, in Maryland and Virginia, unemployment stands much lower, now at 6.6 percent and 5.6 percent, respectively. Read full article >>   | | Should Democrats have helped Boehner pass Plan B? Dec 21st 2012, 16:27 President Obama and House Minority Leader Nancy Pelosi missed a great opportunity Thursday night (okay, I realize I'm late, but I'm just getting used to this 24/7 thing). They should have quietly called Speaker John Boehner and offered to provide whatever votes were necessary to pass his Plan B. Read full article >>   | | Merry Christmas! The economy is doing better than you think. Dec 21st 2012, 14:58 Two new numbers out Friday morning indicate that the U.S. economy is plugging along better than you thought. The most important legs of the economy—consumers and businesses—both showed surprising resilience in November, even as negotiations heated up over the fiscal cliff. Personal consumption spending rose 0.4 percent and incomes rose 0.6 percent, according to one report. According to another, overall orders for durable goods rose 0.7 percent while a key measure of business investment, orders for nondefense capital goods excluding aircraft, rose a surprising 2.7 percent. Read full article >>   | |
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