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...recovery in the same way their fears of economic slowing accelerate the arrival of that very crunch," Touati says. "Right now, a lot of the medicine for a remedy for long-term recovery is already out there, but markets are in such a micro-short-term speculative mode they aren't taking it. That's what has driven share prices of many fundamentally sound companies so low that investors willing to take a risk now will make a killing in the longer term...
...perfect therapy. The success of TB treatment depends on the destruction of active and dormant bacteria to prevent relapse - something that few existing antibiotics have been able to do. One way to kill a dormant cell is to target biochemical processes that continue even in latency - there aren't many of those. But myxopyronin works by interfering with the enzyme RNA polymerase, which controls gene transcription in cells and is necessary for cell survival, dormant...
Even before the political landscape turned toxic, Republicans were struggling. They are defending nearly twice as many seats as are the Democrats and were hit by a wave of retirements. What makes the turnabout more striking is that the Democratic challengers aren't particularly strong candidates. Several are inexperienced; others are more liberal than their states. Many seemed almost struck dumb when, as gasoline prices soared this summer, Republicans hit on the suddenly popular idea of drilling for more oil. But the market meltdown has replaced $4-per-gal. gas as voters' top concern, and ever since Herbert Hoover, voters...
...only we can agree on a tax cut. When in the second presidential debate the candidates were asked what "sacrifices" Americans should expect to make in order to address the financial crisis, John McCain promised to "examine every agency and every bureaucracy of government" and "eliminate those that aren't working," though he didn't name any. Barack Obama said "each and every one of us" would have to "start thinking about how we can save energy" and then offered a subsidy to people who buy U.S.-made cars...
...undergoes its most wrenching overhaul in 70 years, Bair, chairwoman of the FDIC, has become the voice of ordinary passbook holders. Bair was front and center with Treasury Secretary Hank Paulson and Fed boss Ben Bernanke when they announced plans to recapitalize the U.S. banking industry. But the three aren't always in perfect alignment. As guarantor of Americans' $4.5 trillion in deposits spread around in some 8,500 U.S. banks, Bair is trying to balance both the needs of depositors like the storied Mrs. Lobsiger and those of big-name players like Citigroup who help generate much...