In their new book, Alicia H. Munnell and Steven A. Sass argue that we may have to work longer and retire later if we want to avoid a decline in our standard of living.
Robots already cut the grass and vacuum rugs. Now they are helping with a more artistic job: creating vast photographic panoramas with ordinary cameras.
A relatively small number of places — all in wealthy countries or in China and India — create nearly every important technological advance. But some in Nairobi are hoping to change that.
With jet fighters overhead, it was easy to be distracted at the Farnborough International Airshow last week. But for executives, there were distractions on the ground, too.
The credit crisis has exacerbated a dangerous division between average borrowers and an elite slice of corporations, banks and executives enriched by the mortgage mania.
New Yorkers love to complain about television or film crews that descend on their neighborhoods. But some are renting their homes to those crews, and making up to $10,000 a day.