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...What's clear is that the future is uncharted. In past economic downturns the luxury end of the market was largely unscathed as high-income shoppers tended to be less affected by the ebbs and flows of the economy and more impacted by stock market fluctuations...

Author: /time Magazine | Title: Luxury Retailers Rush To Adapt: Chic Goes Cheap | 9/17/2009 | See Source »

From a little bit of surfing, it quickly became clear that Wegame is just an Internet community of gamers who post screenshots and videos--pretty much a Youtube with a lot more World of Warcraft mods...

Author: By Ashin D. Shah | Title: Random acquaintance has sent you spam. Want to see the spam? | 9/16/2009 | See Source »

...Administration's proposal to restructure the student-loan industry is, in many respects, much closer to an actual government takeover than its relatively tame market-driven health-reform plan. But as the House holds hearings and looks likely to pass a student-loan bill this week, it's clear that the education overhaul is not going to be the high-pitched battle that opponents and the White House once expected...

Author: /time Magazine | Title: Obama's Student-Loan Plan: A 'Good' Takeover? | 9/16/2009 | See Source »

...only last spring when Obama made clear that he was expecting a fight over the biggest change in the federal student-loan program since its 1965 creation. "The banks and the lenders who have reaped a windfall ... have mobilized an army of lobbyists to try to keep things the way they are," he said in April. "They are gearing up for battle. So am I." (See the 10 greatest speeches of all time...

Author: /time Magazine | Title: Obama's Student-Loan Plan: A 'Good' Takeover? | 9/16/2009 | See Source »

...thing that was clear from all of those with whom I spoke was that Commissioner Ali was totally on top of everything," Alston says. "Nothing happened that he wasn't aware of, and he was criticized in fact for micromanaging." An official expression of skepticism about the motivation behind Ali's firing came from the U.S. embassy, which said in a statement that the move was a "potential" first step on the path toward reform. (Read "In Africa, Can Clinton Be Obama's Surrogate...

Author: /time Magazine | Title: Kenya's Police Chief Fired: The Start of Reform? | 9/16/2009 | See Source »

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