September 17, 2009 |
Dania Leon's portfolio has surged 55% during the stock market's booming rally over the six last months -- and she couldn't be more nervous. After suffering deep losses last year, the 41-year-old Pasadena resident is grateful to recoup some of her money. But she fears that stock prices have shot up far more than is warranted given the country's still-weak economy and nearly double-digit unemployment rate. "I'm scared, I'm scared, I'm scared," Leon said. "Why are we up, especially with unemployment as high as it is?
August 5, 2009 |
It's been three weeks since the nominations were announced. The champagne has been popped, the flowers sent. For most of those nominated, it's back to business as usual. But for those actors who've earned their first Emmy nomination, something new is settling in: nerves. That's what The Envelope is here for. We talked with some of those nervous newbies and then gathered tips from those who've survived TV's most exciting night. Don't thank us now, do it from the stage holding your trophy.
May 12, 2009 |
A hodgepodge crowd gathers here twice a week for handouts just steps from City Hall and an empty kosher deli. Outside the local food pantry snakes a line of Guatemalans wearing court-ordered ankle monitors, imported workers from the Pacific island of Palau and unemployed town natives -- almost all there because of a dramatic raid that has left a deep mark in the way the U.S. views and deals with illegal immigration.
February 8, 2009 |
Wedding photographer Pogos Kuregyan has lowered his prices. FedEx aircraft inspector Dan Wallace is dealing with a salary cut and a retirement fund that's lost half its value. Though prices are down for food, housing, energy and clothing, they can't buy much, because they're living on less. After years of worrying about inflation, some economists fear the opposite could soon happen: deflation, an extended period of falling prices that indicates the economy is in a backward spiral.
July 14, 2008 |
For investors, stocks look like bad karma: Wall Street again starts a week with oil prices at their highest levels yet, and banks poised to reveal that they remain on shaky footing. None of the troubles that have rocked the market over the last year have let up yet -- not the housing market, not high commodity costs, not the ailing financial system. "We've got a fistful of drivers that are working against the market," said Arthur Hogan, chief market analyst at Jefferies & Co.
March 19, 2008 |
Hussain Attar-Bashi watched the American-led invasion of Iraq on live TV, his illegal satellite dish hidden by cloth strategically draped across the roof of his home. Five years later, Iraqi laws restricting access to foreign television and the Internet are long gone, and Attar-Bashi is among those riding a communications revolution that has swept the country.