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...boom times, problems that could take years to resolve. U.S. consumers are undergoing their own debt workout, one that might even worsen if joblessness continues to rise. Though defaults on credit cards in the U.S. fell in October, delinquencies, or late payments, rose - a sign that financial firms could expect more losses down the road. Japan, which experienced its fastest growth in two years in the third quarter, is dealing with the nasty problem of deflation, an indication that the economy is suffering from excess capacity. The falling prices, by eating away at the financial health of companies, could lead...

Author: /time Magazine | Title: The Lesson of Dubai: The Crisis Is Not Over | 11/30/2009 | See Source »

Black Friday's business has left Davidowitz bearish on retailers' prospects this holiday season. "I expect total holiday sales will be down 1% to 2% - going against last year, which was the worst Christmas in 40 years...

Author: /time Magazine | Title: After Black Friday, Doubts Grow About a Shopping Uptick | 11/30/2009 | See Source »

...were excited by this new study (not to mention purveyors of nighttime subliminal-message CDs that purport to make you quit smoking or love yourself) - but experts acknowledge that more work needs to be done. "I would consider this a very, very small effect," says Paller, so don't expect to be able to boost your SAT score while sleeping just...

Author: /time Magazine | Title: Want to Boost Your Memory? Try Sleeping on It | 11/30/2009 | See Source »

...pound on the door of his room," his father recalls), Charlie soon began to enjoy the playful therapy and made steady progress in speech and behavior. Now 5½, he attends a special preschool and continues to work with therapists on social skills and language. The Lambs expect that Charlie will ultimately attend a regular school. "His autism is subtle," says Susan Lamb. "Most people say they can't tell." But like most children with autism, Charlie suffers from anxiety and is especially vulnerable in unfamiliar situations...

Author: /time Magazine | Title: New Evidence That Early Therapy Helps Autistic Kids | 11/30/2009 | See Source »

Just don't expect him to be wrapped up in awards talk. Haneke takes a very pragmatic view of his newfound popularity. "Awards are important for all directors because they improve your working conditions," he says. "You're only as good as your last film, so if you get prizes or large audiences, then you get more money for your next film." But success and money is unlikely to change his style. Throughout his career, Haneke hasn't attracted controversy so much as courted it and if his films are looked upon as bleak diatribes on the human condition, frankly...

Author: /time Magazine | Title: Michael Haneke's Film Noir | 11/30/2009 | See Source »

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