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...usual way to test the economic pulse in a downturn is to go for a stroll down Main Street. Perhaps we should take to the high seas instead. There may be no better measure of the reach, depth and potential duration of the global economic slowdown than the fast-sinking fortunes of the shipping industry. From the historic docks of Rotterdam to China's booming trading hub of Ningbo, troubling symptoms abound. The Baltic Dry Index, which tracks the cost of shipping raw materials, has plummeted from an all-time high of 11,793 last May to below...

Author: /time Magazine | Title: As the World Economy Sinks, So Does Global Shipping | 12/31/2008 | See Source »

...skydiving out of a plane. In the risk taker's brain, researchers report in the Journal of Neuroscience, there appear to be fewer dopamine-inhibiting receptors - meaning that daredevils' brains are more saturated with the chemical, predisposing them to keep taking risks and chasing the next high: driving too fast, drinking too much, overspending or even taking drugs...

Author: /time Magazine | Title: Why We Take Risks — It's the Dopamine | 12/30/2008 | See Source »

...Vegas? The short answer is that the city placed most of its bets on the tourism industry. For a long time it paid off, but, says Keith Schwer, director of the Center for Business and Economic Research at the University of Nevada at Las Vegas, "if you ride a fast horse, you have the likelihood of greater volatility...

Author: /time Magazine | Title: Behind Vegas's Bad Bet | 12/29/2008 | See Source »

...Fast Facts...

Author: /time Magazine | Title: Shah Mahmood Qureshi | 12/29/2008 | See Source »

...Giants quarterback Phil Simms, who had the great pleasure of analyzing the Tennessee-Detroit game on Thanksgiving for CBS. "Their free-agent signings have been flawed, their drafts have been flawed, the organizational philosophy is flawed. As a coach said to me, 'Wow, they're small, they're not fast, and they're old.' It's unbelievable...

Author: /time Magazine | Title: How Can Detroit Go Winless in Today's NFL? | 12/28/2008 | See Source »

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