Word: figuree
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That figure is now starting to fall. At the end of 2008, the debt-to-income ratio was down to 130%, and new numbers from the Federal Reserve on Thursday are sure to show another drop.
Two things are driving that figure down. First, people are paying off debt - which goes hand in hand with their not spending money on as many new things. In April, outstanding consumer credit - which includes credit cards, auto loans and tuition-financing but not mortgages - fell by $15.7 billion to...
In the analysis of people ages 1 month to 89 years, children under 5 suffered 13.4% of all injuries. Also among this age group, 76% of all recorded incidents involved head injuries, which was five times the figure for adults. Children ages 5 to 9 fared somewhat better, with 62...
Among Italy's more mainstream opposition parties, the results confirm deep division. There's now a risk that Italy's left might splinter further, mostly because nobody can agree on how best to take on Berlusconi, a man who has dominated politics for 15 years with the most personalized of...
North Korea, in the minds of many Americans, is often seen as a kind of crazy aunt in the attic - an entity no one pays attention to until she pops out and does something vaguely nutty. Sometimes Kim Jong Il is even portrayed as a figure of comic relief, as...