These days, it is unusual to see people with pagers on their belts. The hot accessory and workplace essential has mostly been replaced by the cellphone. Pagers now are used primarily by people in the health care industry.
Is the U.S. housing sector about to make a comeback? Home builders apparently think so. Every month, the National Association of Home Builders publishes its housing market index. The July report shot up to its highest level in five years. It is, however, still well below historical averages.
Investors have been prepared for a lot of sour news but some companies have done better than forecasts. So far, they include Coca-Cola which reported higher income than expected thanks to sales overseas. Mattel also came out with stronger earnings, and Goldman Sachs released earnings well above expectations.
Steve Inskeep talks to David Wessel of The Wall Street Journal and Zanny Minton Beddoes of The Economist, about the U.S. economy. What kind of a recovery are we looking at, and where is the growth coming from?
Marissa Mayer, the new CEO of Yahoo, is not the first woman to head a high-profile technology company. But the former Google executive is one of the few female computer scientists to reach such a pinnacle. Will her rise inspire more women to enter the technology field?
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