Greek leaders are supposed to meet again Tuesday to finally sign off on more painful austerity measures in exchange for a new bailout. Greece needs more loans — and a separate debt-reduction deal — to avoid a messy default, which could lead to an exit from the eurozone.
Financial writer Philip Coggan traces the current global financial crisis to the 1970s, when the U.S. went off the gold standard. In his book Paper Promises, Coggan says governments will have to choose whether to keep their promises to their creditors or to their citizens.
China's Vice President Xi Jinping is coming to America. Next week, he'll meet with President Obama at the White House. He'll lead a trade delegation to California. And he'll also make a stop in Muscatine, Iowa. Xi visited the town (population 22,886) in the 1980s, as part of an agricultural mission.
New research indicates excessive consumption of sugar leads to an increase in all kinds of chronic diseases. But how much sugar is too much? Would making sugary foods more expensive help to get consumers to cut back?
So-called helicopter parents have hit the workplace, phoning employers to advocate on behalf of their adult children. Human resource managers say more parents are trying to negotiate salary and benefits and are even sitting in on job interviews.
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