Word: baracks
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...source familiar with Fed's thinking on the matter told TIME this week. "We don't think we're there yet, but we're very aware of the possibility." So is Wall Street. At Merrill Lynch, chief investment strategist Richard Bernstein issued a report within hours of Barack Obama's election, listing three developments for investors to monitor closely: fiscal stimulus, taxes and deflation. (See pictures of TIME's Wall Street covers...
...television news stunts go, CNN's debut of a "hologram" reporter during its election-night coverage was one of the most talked about - and yes, bizarre - of the past year. "Hi, Wolf!" chirped beaming CNN correspondent Jessica Yellin, who was in Chicago at the victory rally for President-elect Barack Obama yet miraculously appeared on TV to be standing before anchor Wolf Blitzer in the CNN newsroom, waving - and surrounded by a fuzzy white line. In the studio, Blitzer was talking to empty space, although he could see Yellin on a nearby monitor. "We beamed you in here into...
...next few weeks, Georgia will be the center of the electoral universe," says Charles S. Bullock, a political science professor at University of Georgia. "I see national Democrats and Republicans focusing their efforts here and pouring money into the state for this runoff. I'd expect we'd see Barack Obama here and John McCain...
...world leaders tripping over themselves to salute their freshly minted colleague Barack Obama, just as for news anchors across the globe struggling to put Obama's victory into context, only one word seems to do the trick: historic. Repetition of that portentous adjective could have dulled its impact. But the sheer scale of the world's interest - the blanket media coverage; the election-watching parties, some slickly organized, others spontaneous; the fascination that overrode time zones and deep-seated political apathy to keep people glued for hours to radios and televisions and computers and, yes, Twitter - all served as reminders...
...tired of a U.S. in the likeness of George Bush," said a gleeful 25-year-old named Clémence who was returning to her Parisian apartment after a night of watching the results with friends. "Tell your readers France says 'Thank you, America, for giving the world Barack Obama!' " (Read "World Leaders React to Obama...