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The White House released the President's remarks Labor Day afternoon, and it's hard to imagine even the most dogged partisans finding much to object to in sentiments such as, "No matter what you want to do with your life - I guarantee that you'll need an education to...

Author: /time Magazine | Title: After a School Brawl, Obama Talks to Kids | 9/8/2009 | See Source »

GM is now exploring other options, including the possibility of raising money from other European sources. According to a report in the Times of London, U.K. business secretary Peter Mandelson is offering GM some $800 million if GM could guarantee the 5,500 jobs at its Vauxhall unit. Last week...

Author: /time Magazine | Title: GM and Germany Still Wrangling Over Opel | 8/27/2009 | See Source »

In Search of Honest Work Esmatullah Kosar is someone who very much wants to be judged on his merits. A slight, shy 24-year-old, Kosar has just returned from three years of studying in a Bangalore university, on a scholarship from the Indian government. At age 2, Kosar lost...

Author: /time Magazine | Title: Afghanistan's Election: The Generational Divide | 8/19/2009 | See Source »

Third, there's no guarantee that financial entities will be willing to sell assets at fire-sale prices. With the federal government and Federal Reserve offering bailouts, many don't have guns pointed at their heads forcing them to pull the trigger on distressed assets.

Author: /time Magazine | Title: New REITs Pounce on Distressed Mortgage Assets | 8/18/2009 | See Source »

Privately, White House officials have been downplaying the importance of a public plan, saying it is far more important to focus on the structure and the regulations surrounding the state insurance exchanges that would be created as the marketplace for insurance under a revamped health-care system. These exchanges would...

Author: /time Magazine | Title: Health-Care Reform: Obama Finesses the Public Plan | 8/17/2009 | See Source »

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