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...Index of Leading Economic Indicators is also pointing to better times ahead. What's interesting is that almost half the increase in the leading indicators was from the stock market. So people look at the leading indicators and say, "I gotta buy stocks." And yet the stock market is one of the 10 leading indicators, so it almost becomes a self-perpetuating development. Here's another thing to know about the index of leading indicators: in the past, the upturn in this index precedes the economy's upturn by as much as 12 months. So maybe it's telling...

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

...concerned the new investor Magna, along with its Russian partners, will protect German jobs at the expense of other jobs. "There are going to be more tough negotiations with GM Europe and Magna," says Klaus Franz, the head of Opel's works council. "A very stony road lies ahead of us. Jobs will be cut, but we hope we can prevent forced redundancies and plant closures," he says. (See the 50 worst cars of all time...

Author: /time Magazine | Title: Merkel Saves Opel From GM's Fate | 6/1/2009 | See Source »

...Nicaragua and Honduras, whose leftist governments are calling for the immediate lifting of the suspension, and the Obama Administration, which says now that it too supports readmitting Cuba but only if Havana takes "the concrete steps necessary to meet those [democratic] principles," Clinton told Congress recently. On Sunday, ahead of the OAS gathering, State Department officials reportedly confirmed that Cuba had accepted Washington's recent offer to restart talks on legal immigration and mail service, talks that were suspended by the Bush Administration...

Author: /time Magazine | Title: Inside the OAS's Cuba Conundrum | 6/1/2009 | See Source »

...would remain all season.But the junior was just getting started. Caputo led the Crimson in wins with a 34-8 record—the fifth-most victories in Harvard history. The standout also notched his 103rd career victory, vaulting him to fourth all-time with his senior season still ahead.“Louis has worked so hard,” junior co-captain J.P. O’Connor said. “Taking a semester off is really tough, but for him to be able to come back and jump right in at the same level and an even...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: COMEBACK ATHLETE OF THE YEAR: Back from Injury, Caputo Doesn't Miss a Beat | 5/31/2009 | See Source »

...which pitted the swimmers and divers against their main competition, the Tigers.In contrast to the previous season, this year’s Harvard squad entered the matchup as the underdog instead of the team to beat. But after the first day of competition, the Crimson found itself three points ahead of Princeton.“That moment for everyone pretty much solidified the fact that we [needed] to get moving because we could beat Princeton,” Meyer said. “There was a major mental shift at that moment.”Harvard defeated Yale...

Author: By Alexandra J. Mihalek, CRIMSON STAFF WRITER | Title: SEASON RECAP: Solid Season Doesn’t Live Up to High Expectations | 5/30/2009 | See Source »

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