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And then came Black Monday. As soon as the opening bell rang on Oct. 28, prices began to drop. Huge blocks of shares changed hands, as previously impregnable companies like U.S. Steel and General Electric began to tumble. By the end of the day, the Dow had dropped 13%. So...

Author: /time Magazine | Title: The Crash of 1929 | 10/29/2008 | See Source »

Dave Cole, chairman of the Center for Automotive Research, offers some grounds for optimism. Once the downturn passes, he says, there will be a lot of pent-up demand for new more fuel-efficient vehicles. GM is feverishly working on the Chevrolet Volt, an electric car that could go a...

Author: /time Magazine | Title: Detroit's Big Three Near the Brink | 10/24/2008 | See Source »

Here in Cambridge especially, Bolshevism is in the air. The Revolutionary Communist Party of America—seen regularly handing out leaflets to bemused capitalists in Harvard Square—smells blood in the water. On its website, the group offers a lengthy explanation of how the current financial crisis...

Author: By Daniel E. Herz-roiphe | Title: The Second Coming | 10/23/2008 | See Source »

“The Language of Color” is the comprehensive epitome of the maxim “show, don’t tell,” with its digital media, still-life photos, and taxidermy specimens. The exhibit, which is on display at the Harvard Museum of Natural...

Author: By Anna E. Sakellariadis, CONTRIBUTING WRITER | Title: Color Dazzles in Animal Kingdom | 10/17/2008 | See Source »

The structural weakness of McCain's position was evident every time Obama described a program - health care, education, energy - in the third debate. cnn's focus group of independent Ohioans would send the dials on their electric gizmos spinning into the stratosphere. They loved the idea that government would spend...

Author: /time Magazine | Title: Round Three | 10/16/2008 | See Source »

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