January 20, 2011 |
After three years of brutal recession and tepid recovery, the outlook for the U.S. economy this year may boil down to a tale of three workers and their families ? their hopes, fears and, most of all, their decisions on spending the money they earn. For now, they seem to be getting their spending mojo back. But they are moving forward with a new caution, a hard-earned sense that events could quickly turn for the worse and they'd better be prepared. In an economy that relies on consumer spending for 70% of the nation's gross domestic product, nothing really matters as much as what the 90% of U.S. workers with jobs decide to do with their money ?
CALIFORNIA | LOCAL
July 7, 2013 |
Troubling unemployment. Soaring debt. Global turmoil. To many, it looks like a grim future. But the dour economy didn't faze Kim Davis, 22, who graduated from UCLA in June and confidently predicted a "really bright future" for herself and her classmates. Davis was glowing on graduation day, like so many young adults around her. Researchers say such optimism is especially striking among young adults of her generation, often dubbed millennials, as they weather some of the worst financial conditions in decades.
September 7, 1989 |
The Orange Coast College football team is thinking pretty positively about the coming season. The optimism is mostly because of 11 returning starters, the most of any team in the Central Division of the Mission Conference. OCC struggled to a 4-6 record last season, the third for Coach Bill Workman. He is 17-13 overall. "I'm excited about this team," Workman said. "I think this team has more character. I think it can overcome adversity, which we couldn't do last year."
January 21, 2009
The inauguration of Barack Obama as the 44th president spoke more eloquently about the promise of this country than anything he could have said Tuesday. But his inaugural address, though less poetic and less provocative than some of his speeches as a candidate, effectively sounded the theme that the country can rebound from its current economic crisis. The speech exuded an optimism reminiscent of Ronald Reagan. "We remain the most prosperous, powerful nation on Earth," Obama said.
January 5, 2000 |
Now that the future is here, how fitting that researchers are finally getting a grip on optimism, the curious human habit of expecting good things to happen, often in defiance of reality. Just in time for millennial philosophizing, this hallmark of our wondering and worrying species is attracting unprecedented attention from social scientists, who are not known for accentuating the positive.
September 14, 2009 |
Designers have their work cut out for them for the spring 2010 season. Which is why they're laying on the charm -- love songs on the soundtrack and cutesy play suits on the runway, along with one-piece swimsuits that bring to mind classic pinups, even a majorette or two. (Well, sort of. At Alexander Wang, tinsel mini-dresses mixed it up with sportswear inspired by vintage football uniforms). So far, it's working. The collections are off to a strong start, with lots of upbeat (optimism is the new black!
April 4, 2009 |
It's a simple matter in our capitalist economy to explain why so many people have lost their jobs in recent months: Companies have been desperate to slash costs to protect what's left of their bottom line. When profit is under siege, labor -- most companies' biggest expense -- inevitably takes the hit. As first-quarter earnings reports roll out in the next few weeks, the numbers are expected to be disastrous. Wall Street already knows as much.
January 16, 2014 |
"The Rocket" winds through the mountains of northern Laos, the contemporary drama carrying a touch of fable and a powerful sense of place. Ahlo (Sitthiphon Disamoe), the 10-year-old at the center of the movie, makes an appealing rooting interest, not only because he's sparky and resourceful but also because he challenges the superstitious antipathy of his grandmother, who believes he's cursed. Displaced from their village by a dam project - after viewing a heartlessly chipper corporate video on the wonders of relocation - Ahlo and his family find themselves in a barren field of tents.
CALIFORNIA | LOCAL
June 17, 2011 |
She is the daughter of Scottish immigrants, tough people whose travels across the Atlantic first took them to the austere East Coast whaling and fishing hamlets. There is a shipwreck in her family history. A relative was lost at sea. But it was on the dry land of Southern California that Roxanna Ross' life took root. Not long after arriving as a teenager, she enrolled at a high school built on a drained swamp to serve a community then known as "the celery capital of the world. " Most of the old farms in Lomita and Harbor City are gone.
October 5, 2009 |
Joe Saunders called the decision to shut himself down and receive a cortisone injection in his sore shoulder in early August "one of the best I've made in my career," and the evidence was on display again Sunday in the Oakland Coliseum. The Angels left-hander allowed two runs and six hits in five innings of a 5-3 victory over the Athletics in the regular-season finale, giving Saunders a 7-0 record and 2.55 earned-run average in eight starts since coming off the disabled list. "I was hurting the team in June and July," said Saunders, who closed the season with a 16-7 record and 4.60 ERA and tied Jered Weaver for the team lead in wins.