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...region's cotton farmers, who saw both a decline in prices and one of the smallest harvests in 25 years. Homebuilders in the Sixth District, which includes Alabama, Florida and Georgia, noted historically high inventory numbers, despite Florida's modest gains in real-estate sales last month. "On a bright note," the Fed describes construction companies in Texas as "acting orderly and pragmatically, just waiting for things to bottom out" and "not behaving in a panic mode...

Author: /time Magazine | Title: The Fed's Bleak Biz Report | 12/4/2008 | See Source »

...until a few months ago, energy exploration was one of the few bright spots in the darkening U.S. economy. There were 165,500 people in the U.S. working on oil- and gas-drilling crews at the end of October, up 11% from a year earlier, according to the Bureau of Labor Statistics. All mining support-service jobs, including those in the coal business, were up an even larger 17%, to 343,000. Now energy companies are sure to pull back. And that could make the nation's economic recession even worse, taking job losses to areas that...

Author: /time Magazine | Title: Oil-Price Drop Forces Big Energy to Retreat | 12/3/2008 | See Source »

...cannot believe my eyes right now. I. Cannot. Believe. My. Eyes.”The five us of leaned forward in our seats with unspeakable delight, staring at the bright blues and yellows dancing before us. We were completely enraptured. We had somehow lost control of our limbs, which were flailing wildly. We looked—and felt—like a bunch of junkies tripping on acid.We were watching “High School Musical 3.”I feel your eyes rolling reader, and I don’t blame you. Frankly, it surprises...

Author: By Jessica L. Fleischer, CRIMSON STAFF WRITER | Title: Confessions of an HSM Addict, A Misplaced Endpaper | 12/3/2008 | See Source »

...each year, and the millions more who live in a perpetual state of jet lag due to night-shift work. One strategy is to use light-dark exposure, which helps cue the body's circadian rhythm. British Airways, for example, offers a "jet-lag calculator" that applies research into bright-light therapy to advise passengers when to sit in a pitch-black room and when to seek bright light after a flight...

Author: /time Magazine | Title: A New Pill for Jet Lag? | 12/2/2008 | See Source »

About the only bright spot with the current housing crisis is that the median cost for housing is dropping. The Greater Fort Lauderdale area shows a drop in its median condo prices, from $160,000 last year to $115,000 today, according to the Realtor Association of Greater Fort Lauderdale. That's good for those who have money in their pockets or access to credit. While homes in the area may be more affordable, some potential buyers are having trouble coming up with the money to purchase them. But for now, Florida's governor would be happy to help homeowners...

Author: /time Magazine | Title: Florida Moves to Provide Relief on Foreclosures | 12/1/2008 | See Source »

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