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...With auto sales in the West in a deep slump, 2009 saw carmakers increasingly focus on developing countries like China and India, which have largely shrugged off the global recession and where disposable incomes continue to grow rapidly. China this year will surpass the U.S as the world's largest car market, while India has become the largest market for small cars, according to Dilip Chenoy, director general of the Society for Indian Automobile Manufacturers. Four out of every five cars sold in India are small cars, defined as vehicles with engines displacing less than 1.2 liters. (Ten Things...

Author: /time Magazine | Title: Will Your Next Car be Made in India? | 12/22/2009 | See Source »

...forecasts. No one loves a look at the year ahead more than the folks who manage money for a living (or who sell advice about how to manage it). That makes perfect sense. Unlike the people predicting, say, the rise of homemade beer, the professionals who get paid to grow portfolios really ought to have a handle on the future. What's the best way to make money? Figure out what's about to go up in value and buy a lot of it before anyone else catches on. (See the best business deals...

Author: /time Magazine | Title: 2010 Financial Forecasts: A 50% Chance of Being Right | 12/21/2009 | See Source »

...short term, though, Grant Govertsen, a partner and analyst with Union Gaming Group, says the "pool grows bigger, but it won't grow enough to maintain footing for all the properties. You'll see a hit at some of the other properties." Nevertheless, Govertsen also believes visitor growth will rise next year and expects a modest uptick in the city's revenue per available room, which could help the city absorb the new inventory...

Author: /time Magazine | Title: How Las Vegas' Opulent CityCenter Survived Dubai | 12/19/2009 | See Source »

...becoming less valuable to all levels of society; new data even suggests an ultra-clean home may not be the best environment for children. According to anthropologists at Northwestern University, a lack of exposure to dirt and germs could put them at increased risk for inflammation when they grow up. So next time, you feel bad about your messy home, remember that it's good for the children - and that it's the IRS's fault...

Author: /time Magazine | Title: Tax Reform Means Working Moms Do Less Housework | 12/16/2009 | See Source »

...meal plan has actually been around since 1975, but the quest for the magic diet solution goes back much further. There's a (possibly apocryphal) story that after becoming too fat to ride his horse, William the Conqueror devised an alcohol-only diet in 1087. The monarch didn't grow thinner; instead, he died later that year after falling from his beleaguered steed, leaving his subjects to struggle with finding a coffin big enough to fit the corpulent king. (See the 2009 Year in Health...

Author: /time Magazine | Title: Fad Diets | 12/15/2009 | See Source »

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