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Why America's job market hasn't imploded

3 years 11 months ago
Despite a stock-market bounce in October that gave the Dow its biggest monthly gain in more than 45 years, economists are warning that there's a very real danger of recession in the United States. Mortgage rates are at their highest levels since 2002, consumer spending and business investment is falling and the Federal Reserve is fighting persistent inflation with higher interest rates.

Remember the story behind Princess Diana's revenge dress?

3 years 11 months ago
The summer of 1994 was uncharacteristically warm for Great Britain. Hot, sunny days were followed by close, sticky nights — and by the end of June, pressure had started to build. The last week of the month was an explosive one, meteorologically and culturally. On Friday June 24, an exceptionally severe thunderstorm hit the south east of the UK, diffusing so much grass pollen it triggered a sudden and short-lived asthma epidemic. Two days later, and after years of mounting speculation, the British press broke the news that Prince Charles had accidentally revealed his unfaithfulness to Princess Diana during an ITN documentary. (When asked if he had stayed loyal to his wife, the Prince of Wales nodded. "Yes absolutely," he said before adding of his marriage "until it became irretrievably broken down.")

Why Switzerland built a 2-kilometer-long train

3 years 11 months ago
High in the Swiss Alps, St Moritz made its name as a place for pushing the boundaries of winter sport. By the time it hosted the second Winter Olympics Games in 1928 its reputation as a playground for wealthy adventurers was already well established.

Five elections in four years: What's the deal with Israeli politics?

3 years 11 months ago
Stop us if you're heard this one before: On Tuesday, Israelis are going to the polls to elect a new Knesset, or parliament. It's the fifth time in less than four years that voters are casting ballots. Holding elections that often is bound to prompt some questions. Here are some answers.
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