Word: lowes
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...things to buy - to postpone gratification," says Eileen. When the kids reach high school, parents may want to introduce debt into their financial vocabularies by allowing them to use credit cards. But the Gallos recommend training wheels first, in the form of debit cards or cards with a low spending limit...
...recent paper, Dean Foster, a professor at the University of Pennsylvania's Wharton School, and H. Peyton Young, a senior fellow in economics at the Brookings Institution, argued that the lack of industry regulation makes bad managers nearly impossible to detect. By making bets that have a relatively low probability of failing - say, 10% - an unskilled manager has a 90% chance of making good. But if the bet does go south, the industry's fee structure, which often includes 2% of investors' money plus another 20% of profits, ensures that the manager will walk away from the wreckage rich, even...
...families is to dam the flood of migration by giving workers a reason to stay home. In October, officials said that nearly 10 million jobs had been created in the Philippines between 2004 and 2008. But activists and labor organizations argue that many of those were part-time or low-paying - hardly an enticement to keep Filipinos from seeking their fortunes overseas. "We want people to go abroad to work as a choice - not as something they have to do," says Cabral, head of the Department of Social Welfare and Development...
Established 11 years ago by the governors of 19 states, the virtual university--which is administered from Salt Lake City--has experienced a surge in admissions as more college students look for low-cost alternatives. Enrollment topped 10,000 last spring, growing at a rate of 40% in both 2006 and 2007. (See pictures of the college dorm room's evolution...
...molecular technique poised to hit home kitchens is sous vide, in which meat is vacuum-sealed and poached at a very low temperature, producing supermoist and flavorful dishes. In December, Thomas Keller, who has two three-star restaurants, will publish Under Pressure (Artisan; $75), which offers sous vide recipes just as a slew of home sous vide equipment hits store shelves. The future is almost here. Start making counter space for the antigriddle...