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...sales data over the past couple of months, it has moved back down. It looks like consumer spending, after a bit of an increase in the first quarter - mostly just bargain-hunting in January - is also relapsing in the second quarter. I'm not really seeing evidence in the actual economic data, as opposed to consumer surveys, that consumer purse strings are opening up. (Watch TIME's video of Peter Schiff trash-talking the markets...

Author: /time Magazine | Title: Is the Stock Market Rally an Illusion? | 6/2/2009 | See Source »

...final exams, we learned of a massive outbreak of influenza in Mexico, dubbed “swine flu” by the American media. We were initially amused, but were also reminded of the importance of strong and effective public health measures to contain similar outbreaks. Luckily, the actual risk of becoming infected remained relatively low, and very few people lost their lives. And as our seniors prepared to don their caps for Commencement, those who hailed from overseas and abroad confronted one of the most challenging job markets in recent history, made even more difficult by the passage...

Author: By The Crimson Staff | Title: Challenges and Opportunities | 6/2/2009 | See Source »

...following text appears within a chart. Please see hardcopy or PDF for actual chart...

Author: /time Magazine | Title: The World | 6/1/2009 | See Source »

...Both the Loeb Drama Center and the Carpenter Center stemmed from an administrative push to increase the presence of the arts on the Harvard Campus. “At the time, Harvard did not have much for actual, working, creative activity,” said Eduard F. Sekler, Osgood Hooker Professor of Visual Art, Emeritus and former co-director of the Carpenter Center...

Author: By Madeleine M. Schwartz, CRIMSON STAFF WRITER | Title: Making Room for Art | 6/1/2009 | See Source »

...terms of actual voting, the Democrats are still short of their 60-vote majority, given that Ted Kennedy and Robert Byrd are on indefinite medical leave and are only likely to return for the most important votes. Not to mention the fact that governing the Senate, as former majority leader Trent Lott once put it, is like herding cats. The Dems have such a wide umbrella that finding issues that unite both ends of the 60-vote spectrum can be tough...

Author: /time Magazine | Title: How Will Al Franken Make a Difference in the Senate? | 6/1/2009 | See Source »

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