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...since in many ways consumer confidence in the economy is the result of self-fulfilling prophecies: financial anxieties on Wall Street and frantic election-year politicking over the economy aren't really the kinds of things that buck up everyday spenders. But other factors now present in the economy affect popular thinking as well: energy costs, inflation, credit markets and job availability. Thus, the spectacle of Monday's roller-coaster ride on Wall Street may be just one more push toward the point when Americans start to pocket their wallets and thus slow down the economy drastically. When the stock...

Author: /time Magazine | Title: Consumer Confidence: A Key Recession Signal | 10/6/2008 | See Source »

...received this year’s HBS Life Sciences Fellowships, the school announced last month. The award, which was established this past January, provides first-year MBA students who have a background in the life sciences with a one-year, $20,000 grant. The grant does not affect the winners’ eligibility for need-based financial aid from the Business School. Michael T. Derse, one of this year’s recipients who graduated from Stanford in 2004 with a degree in mechanical engineering, became interested in designing medical devices during his junior year of college when he joined...

Author: By Prateek Kumar, CRIMSON STAFF WRITER | Title: HBS Names First Life Sci. Fellows | 10/5/2008 | See Source »

...countries. Camila Henao, a senior at the Universidad de los Andes in Columbia, came with a delegation from the school’s Foundation for Columbian Women, at the urging of their director, a Harvard alumnus. Others were eager to learn about how the recent financial crisis would affect their own career planning. “Especially with the economy the way it is right now, I just wanted to see what options are still out there and what the restrictions are,” said Ruizhi Yu, a sophomore at Princeton. Women in Business President Seema Amble...

Author: By Sara L. Wright, CONTRIBUTING WRITER | Title: Business Conference Champions Women | 10/5/2008 | See Source »

...first-year students, 409 signed a letter to the dean praising the decision and urging its implementation in time to affect their class. Jonathan K. Bateman, a first-year student who organized the letter campaign, said he thought that many of the remaining students who did not sign the letter were simply apathetic...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Questions Linger About HLS Grading Overhaul | 10/5/2008 | See Source »

...federation. The timing will hurt films slated for release around the Hindu festival of Diwali; along with this week's Muslim festival of Eid al-Fitr, this period usually triggers some of Bollywood's biggest box-office releases of the year. The strike isn't expected to affect the distribution of films during the holiday, but publicity will be most affected. The worst-hit area looks to be television, with the fate of dozens of serials, reality shows and daily programs looking grim. "We are not happy to call for this noncooperation," Chaturvedi says, "but we are helpless...

Author: /time Magazine | Title: The Bollywood Strike Hits Festival Season | 10/2/2008 | See Source »

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