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...retail industry. Designers, store buyers, shoppers and stock investors are all watching her every move. And she has been in the White House barely 100 days. "She's the first thing my clients want to talk about," says Jennifer Black, president of Jennifer Black & Associates, a retail equity research firm. "She's a huge deal. And I don't think this is a short-term thing. Sometimes you get a flash in the pan, but that's not going to be the case with Michelle Obama...

Author: /time Magazine | Title: Can Michelle Obama Save Fashion Retailing? | 5/6/2009 | See Source »

...Bernanke said that the large banks that need to raise money will be able to do so in the private capital markets. If he is wrong, Bank of America will be back to ask for more loans from the government, which might cost the firm its independence...

Author: /time Magazine | Title: Bank of America Needs to Play Its Merrill Card | 5/6/2009 | See Source »

...Lewis has already made the case the Henry Paulson virtually forced him to close the Merrill deal because it was in the best interests of the country's troubled financial system. If that transaction is at the heart of B of A's capital shortfall, the firm has a legitimate argument that because it helped the government when it was in a jam, it is time for the government to repay the favor...

Author: /time Magazine | Title: Bank of America Needs to Play Its Merrill Card | 5/6/2009 | See Source »

...fall in prices, no matter the cause, could be devastating for the pork industry and ultimately bad for consumers. According to Dave Ward and Perry Iverson of Commodity and Ingredient Hedging, LLC, a Chicago-based agricultural-risk-management consulting firm, if prices continue to fall over the coming weeks, there will be fewer pork producers next year - and less pork production, consequently. Assuming demand for pork recovers, this will lead to higher prices long-term...

Author: /time Magazine | Title: Amid Swine Flu Fears, the Pork Market Falls Ill | 5/5/2009 | See Source »

...appearance of change without concrete results may not be enough. Yashwant Deshmukh, who runs the independent polling firm Team Cvoter in New Delhi, says that the one thing that young voters have in common is their pragmatism. They look for what he calls "visible development" - a tangible sign of effectiveness - and will reward it at the polls. That was the powerful lesson of local elections held last Nov. 29 in New Delhi. The polls opened while the siege of Mumbai was still going on, and many political observers expected that the BJP, which had relentlessly portrayed Congress as "soft...

Author: /time Magazine | Title: How India's Young and Restless Are Changing Its Politics | 5/4/2009 | See Source »

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