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...high it is today. If the economy isn't stable and the old relationships don't hold as well as they used to, then the models break down. In recent years, there have been great advances in economic modeling, says Stock, but forecasts haven't necessarily gotten much better since the economy itself has grown more complex...

Author: /time Magazine | Title: Why Are Economists So Bad at Forecasting? | 7/17/2009 | See Source »

...boosted earlier in the week by a surprisingly good profit report from Goldman Sachs, which logged second quarter earnings of $3.4 billion and an eye-popping return on equity of 23%. Investors got a second round of heartening news on Wednesday morning when Intel reported sales that were 10% better than analysts had been expecting; Intel's earnings also beat expectations by a wide margin and the company offered encouraging guidance about the third quarter. The chipmaker's shares rose more than 7% Wednesday, putting the stock's rise so far this year at 25%. Intel's Wednesday move triggered...

Author: /time Magazine | Title: Despite the Economy's Struggles, Stock Market Soars | 7/16/2009 | See Source »

...Division was previously part of the HMS-HPHC jointly administered Department of Ambulatory Care and Prevention (DACP), which Tarbell said was recently restructured and renamed as the Department of Population Medicine and placed solely under HPHC's administrative purview in order to better reflect its core research and teaching activities. Sharon Torgerson, a spokeswoman for HPHC, said that there are no plans for her organization to financially support the Primary Care Division since they have not in the past, but she did emphasize that HPHC has always supported DACP, and will continue to support it under its new name...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMS Suspends Funding for Primary Care Division | 7/16/2009 | See Source »

...data shows that primary care, effective primary care, is central to an effective health care system. Where primary care is strong, the data shows that costs are lower, outcomes are better, and there's less disparity of care," said Allan H. Goroll, a professor at MGH and a general internist at Mass. General Hospital, where he initiated the nation's first residency track in primary care internal medicine. He also said that while the financing of health care reform may be controversial, the need to strengthen and reform primary care is well-recognized and enjoys bipartisan support...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMS Suspends Funding for Primary Care Division | 7/16/2009 | See Source »

Perhaps more important, the Globovisión feud points to how the U.S. and Venezuela can prod each other to better hemispheric images during the Honduran crisis. The "do something" remark was vintage Chávez, but it also reflected a growing concern in the hemisphere and beyond that Obama isn't exerting enough pressure on Micheletti, and therefore may not be as committed as he has declared to reversing Washington's long history of aiding military coups against leaders who aren't necessarily U.S allies. Likewise, Chávez needs to realize that his calls for Micheletti's regime...

Author: /time Magazine | Title: The Honduran Crisis: Making Chums of Chávez and Obama? | 7/16/2009 | See Source »

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