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...chilling frugality may remain in the air, but buds of optimism for retailers are sprouting nonetheless. The National Retail Federation (NRF), in its 2010 outlook released Tuesday, Jan. 26, expects retail sales to rise 2.5% on average in 2010, reversing the 2.5% decline seen in 2009. "As we continue to see signs of improvement throughout the U.S. economy in 2010, overall sentiment will begin to lift, making way for slight increases in consumer spending," said Rosalind Wells, NRF's chief economist. Although shoppers will continue to be "frugal," - yes, even she expects it - retailers will benefit from leaner, smarter inventories...

Author: /time Magazine | Title: Retail Outlook: More Bargain-Seeking Shoppers | 1/28/2010 | See Source »

Although the institute eschews commercialism - the Sundance Institute's stated mission emphasizes discovering independent artists - a variety of enterprises have carried the Sundance name over the decades. The Institute launched a cable-TV arm, the Sundance Channel, in 1996 to air films, documentaries and original series commercial-free. There is also a Sundance mail-order catalog selling home decorations, gifts and clothing; a Sundance resort in Sundance, Utah; and most recently, Sundance cinemas in San Francisco and Madison, Wis. (See the top 10 films...

Author: /time Magazine | Title: Sundance Film Festival | 1/27/2010 | See Source »

...bailout or any of the Fed's other unpalatable decisions during the panic, but they have worked out better than anyone had any right to expect, preventing a catastrophe for a relatively paltry price. Bernanke has been pilloried for conjuring up trillions of dollars out of thin air and lending to unconventional borrowers who had never dreamed of getting their hands on Fed cash, but more than 80% of his emergency loans have been paid back, and the Fed is returning record profits to taxpayers. Bernanke used the Fed's jaws of life to rescue us from a brutal wreck...

Author: /time Magazine | Title: The Case for Reconfirming Fed Chairman Ben Bernanke | 1/26/2010 | See Source »

...BlackBerry fly out of my hand as the blast brought down much of the hotel ceiling all around us. Outside, dust was clogging the air, rising from the homes outside the Hamra, private residences that had crumbled into rubble. As the dust swelled we shuffled into the basement. Gunshots continued. I shielded my eyes to see a little girl, maybe 5 years old, bloodied in the face and moaning, being carried down the stairwell to an employee exit from the hotel. It was then I saw my hand covered in blood from the tiniest of cuts from flying glass. Guilt...

Author: /time Magazine | Title: In the Middle of the Baghdad Hotel Attacks | 1/26/2010 | See Source »

...Sunni minority - the base for much of the radical resistance to the government - had decided it wanted to participate in the vote, having been shut out of political power by boycotting the last major election. Now, nearly two score people were dead and U.S. Apache helicopters were patrolling the air in the aftermath of another coordinated attack on major targets in the capital...

Author: /time Magazine | Title: In the Middle of the Baghdad Hotel Attacks | 1/26/2010 | See Source »

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