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...this year; the unattractiveness of rival currencies only made it more appealing. But, says Derrick, "that drive seems to be shifting substantially." Sure, a hint of bleak economic data can still goose the greenback - the prospect of poor U.S. payroll figures for June, set for release Thursday, has helped boost the currency in recent days - but optimism in other assets is on the rise. Global equity markets, in particular those in emerging-market countries, have performed well in recent months. China's Shanghai composite index, for instance, has shot up 63% so far this year...

Author: /time Magazine | Title: Outlook for U.S. Dollar Darkens | 7/2/2009 | See Source »

Just don't pull out the noisemakers quite yet. The segment of the market that's reviving is very narrow. In May, some 29% of sales were to first-time home buyers. The federal government's $8,000 first-time home buyer tax credit provided a lot of the boost. That means if you're trying to sell a house that a first-time home buyer probably wouldn't purchase - anything that's not priced as a starter home - you're not likely to feel the benefit of a faster moving inventory. And if you're trying to sell...

Author: /time Magazine | Title: Home Sales Perk Up, but Expensive Houses Languish | 7/1/2009 | See Source »

...Sony continued to roll out variations on its theme, adding such innovations as AM/FM receivers, bass boost and auto-reverse on later models. Sony even made a solar-powered Walkman, water-resistant Sport Walkmans and even devices with two cassette drives. But cassettes, like any technology, weren't going to last forever. With the introduction of compact discs in 1982 the format began to go the way of the 8-track itself...

Author: /time Magazine | Title: The Walkman | 7/1/2009 | See Source »

...park that has drawn underwhelming reviews for its thin lineup of attractions - needed a lifeline. On Tuesday it got one, when the Hong Kong government and Walt Disney executives reached a deal to expand Disney's second Asian theme park over the next five years in an attempt to boost sales and stand up to competitors. (See pictures of theme parks in China...

Author: /time Magazine | Title: Can Hong Kong Disneyland Get the Magic Back? | 7/1/2009 | See Source »

...attractions will include two themed areas - "Grizzly Trail" and "Mystic Point" - which will be exclusive to Hong Kong's Magic Kingdom for their first five years. A third area, "Toy Story Land" - based on the Disney/Pixar Toy Story film - will be exclusive within the Asian region. The expansion will boost the total number of attractions to more than 100 and enlarge its current space by nearly a third...

Author: /time Magazine | Title: Can Hong Kong Disneyland Get the Magic Back? | 7/1/2009 | See Source »

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