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...admitted car nut, he proudly shows off the vintage cars he keeps in a special area inside the dealership. There, 15 mint-condition cars gleam amid old Skelly gas signs and an antique manual pump frozen at 19 cents a gallon. A juke box features Sinatra, the Ink Spots and Peggy Lee. The colors are spectacular. There's the two-toned gray and salmon '55 Bel Air and the silky green '57 Thunderbird convertible. How could a country look at cars like that and not fall in love...

Author: /time Magazine | Title: Selling Dodges in a Downturn: Upbeat in Kansas | 12/22/2008 | See Source »

...Amid the current economic slump, Freecycle has seen a record surge in membership - which, you guessed it, is free - as people look for new and innovative ways to tighten the belt. Worldwide, Beal says Freecycle is adding 30,000 to 60,000 members each week. And Martinez says that in Tucson alone, the average number of new members per month has jumped from 250 to 450 - an increase of 80%. She also says she knew the economy was reaching a new low last month when she posted that she was looking to unload a few extra sweet potatoes...

Author: /time Magazine | Title: Psst, Santa, Have Your Elves Heard About Freecycling? | 12/20/2008 | See Source »

...months now, the only silver lining for many amid the gathering economic gloom has been the pleasant sensation of filling their cars with ever cheaper gasoline. But that relief at the gas pump has slashed the revenues of the oil-producing countries, and on Wednesday they pushed back when the 11 oil ministers of the Opec cartel agreed to cut their combined output by about 2.2 million barrels a day starting January 1. The biggest production cut in Opec's 48-year history is an emergency measure aimed at reversing the precipitous slide in world oil prices, which the cartel...

Author: /time Magazine | Title: OPEC Cuts Production in Effort to Reverse Price Slide | 12/17/2008 | See Source »

...though both schools' endowments have suffered heavy losses amid the recent financial turmoil, Levin announced less dramatic cutbacks yesterday than those occurring at some of Harvard's schools...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Yale Loses a Quarter of its Endowment | 12/17/2008 | See Source »

While many cities and towns around the state and country have seen their public pension funds devastated amid the historic decline in the markets—losses of 20 to 30 percent over the past few months have been widely reported—city officials said that Cambridge is poised to ride out the turbulence, cushioned by a history of sound budgetary management and fiscal conservatism...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Cambridge Pensions Relatively Robust | 12/16/2008 | See Source »

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