Introducing The Kit s new editor-tested shopping awards, the Shop Smart Guide. The idea is simple: Every month, The Kit editors exhaustively test-drive items in desert-island categories — not the season’s
The best undershirts for men are lightweight and cool in summer, warm and cozy in winter. They'll keep you feeling dry and free of any unwanted odors no matter the weather.
Every month, the Bank for International Settlements calculates and publishes the real and nominal effective exchange rates for major currencies. The most recent data, released in mid-February, contained a shock for Japan. They show that the yen's real effective exchange rate (Reer, representing roughly the purchasing power of the currency) is now as low as it was in the early 1970s when the yen was first floated following the collapse of the Bretton Woods and Smithsonian systems of fixed exchange rates.