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...stimulates the country's economic growth. In the past, consumer spending has comprised as much as two-thirds of the gross national product. "Retail sales is the most important number because it doesn't gauge reactions, but gauges what consumers are doing and it's a good indicator of actual spending," says Michael Englund, chief economist for Action Economics, a bond and currency market consulting firm. "The good news for households is that food and energy prices are falling, although some might see this as a weakness in demand and a sign the economy is slowing." Englund says the drop...

Author: /time Magazine | Title: Four Reasons the Markets Are Still Troubled | 10/15/2008 | See Source »

...shrugged off, no problem. “But isn’t it sad that you need a drunk e-mail to talk to the boys you like?” you ask. Yes, well we can’t all be the charming socialite you are, engaging in actual conversation or whatever...

Author: By Malin S. Von euler-hogan, CONTRIBUTING WRITER | Title: Hate it: Google Mail Goggles | 10/15/2008 | See Source »

...Monday's global rally was ascribed to weekend announcements by the G-7 and agreements by the 15 nations that use the euro to intervene in the crisis with huge financial assistance, Tuesday's repeat came as those measures were backed up by actual figures in both Europe and the U.S. In Paris on Monday, French President Nicolas Sarkozy pledged $488 billion to underwrite loans between banks and inject capital into troubled banks and financial groups. Similarly, German Chancellor Angela Merkel said up to $651 billion would be used for similar uses - though primarily limited to underwriting lending between banks...

Author: /time Magazine | Title: Surge in Global Markets Reflects Growing Hope | 10/14/2008 | See Source »

...this remix of the video by Dustin McLean, the lyrics repeat exactly what is occurring on screen. "Everything's drawn and super 80s," croons the singer when the woman first enters the comic (the technique used here is one called rotoscoping, which essentially draws over footage of actual people; Disney's Snow White and the Seven Dwarfs was one of the first major films to use rotoscoping, while more recent examples include A Scanner Darkly and Waking Life). "I'm going to kick some ass with my own pipe wrench," when the leather-clad dude pulls out his weapon (where...

Author: /time Magazine | Title: A-Ha: The Literal Remix | 10/13/2008 | See Source »

...origin when the victim is engaged in public activities like going to school or eating at a restaurant or attending a concert. The other is from 1994; it requires the U.S. Sentencing Commission to increase penalties for crimes on federal lands in which the victim was selected because of actual or perceived race, religion, national origin, gender, disability or sexual orientation...

Author: /time Magazine | Title: Viewpoint: What's Wrong with the Hate-Crimes Bill | 10/11/2008 | See Source »

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