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...home to Chrysler headquarters, fall into demographic groups that are more likely to spend. In neighboring Lapeer County, that percentage is 41%. The national picture reflects the same lumpiness. In other words, there are plenty of people in the Rust Belt with tightened purse strings, just as you would expect - but in the aggregate, other pockets of the country have pulled back more. And while there are some links between potential spending and local unemployment rates and median income, the relationships aren't bulletproof. One group of people more likely to spend: middle-income urban families who care more about...

Author: /time Magazine | Title: A Surprising Look at Who Spends and Who Saves | 6/5/2009 | See Source »

...SUVs that did sell well in China last year were only popular in sizes not much larger than ordinary sedans. That may influence the design of future Hummers. "I expect that after the deal, Hummer would be much better tailored to the Chinese market," says Liu. "If anything, its price might be much lower and more acceptable to the Chinese consumer...

Author: /time Magazine | Title: Will China Build a Fuel-Efficient Hummer? | 6/4/2009 | See Source »

...Still needs work As with any new cutting-edge gadget, expect bugs for some months to come...

Author: /time Magazine | Title: Smart-Phone Smackdown! | 6/4/2009 | See Source »

...began to see SLAM as refreshing—rather than nauseating—a few days after I wrote a somewhat-incendiary editorial piece calling for specific administrators to be laid off to help deal with the fiscal crisis. Though I expected the piece to be controversial, I didn’t expect the dozens of e-mails praising me for being “ballsy,” “brave,” and even “courageous...

Author: By Paras D. Bhayani | Title: Why I (sort of) Like SLAM | 6/3/2009 | See Source »

...landmark and a favorite rest stop for late-morning dog walkers. Strolling up the boulevard, we passed more than a dozen Bauhaus buildings with their trademark details, such as the "thermometer" (a glassed-in stairwell rising up the side of the edifice) and the rounded balconies on which you expect a ship's captain and a socialite to appear with martinis. Taking the nautical look to extremes, a few Bauhaus buildings even have a row of portholes running along the side. The clean Modernist lines are usually set off by palm trees, or explosions of magenta and tangerine bougainvillea...

Author: /time Magazine | Title: Tel Aviv: Plain Beautiful | 6/3/2009 | See Source »

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