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There are two kinds of people in this world: those who have never heard of the Swedish folk-rock band Peter, Bjorn and John; and those who already find their 2006 hit single "Young Folks" incredibly passé. Today's viral culture moves from one niche or fad to another with such fleeting attention that bands, people, websites, video clips - basically, anything made popular by the Internet - can rocket from nothing to everything and back again within months...
...there are tides, and there are currents. I keep thinking of something I heard Mohamed El-Erian, CEO of bond-investing giant Pimco, say at a conference in April: "We are so focused on whether recovery will be at the end of this year or the beginning of the next that we lose sight of the more important question. It's not whether the recession will be over; it's, What does the new normal look like?" (Watch TIME's video of Peter Schiff trash-talking the markets...
...Democrats worry that neither McAuliffe because of his baggage nor Moran because of his liberalism can win in November," says Larry Sabato, a political-science professor at the University of Virginia. "I've heard this everywhere among activists, and they are the only people who will show up at primaries." (See pictures of 60 years of election night drama...
...Inside committee room 14 of the House of Commons, half a dozen MPs stood up and told Brown to step down. The agitators were heard in silence, though. Many of those present instead cheered and banged their desks in support of the beleaguered leader. In return, a humbled Brown pledged to be more consultative and transparent with his party. "I have my strengths and my weaknesses," he said in the stiflingly warm room, packed to the gills with Labour MPs and peers. "I am going to play to my strengths and address my weaknesses." By morning, the air was clearer...
...DubSpot, a New York City deejay school. She has already taken two introductory courses, and just signed up for three more. Thanks to the many young professionals like Gandy whose careers are now at a crossroads, DubSpot's enrollment has doubled this year, to around 250. "We've heard from students, time and time again, that they're feeling it's no longer just about money," says Dan Giove, founder and president of DubSpot. "People are longing for happiness through being creative." (Watch TIME's video "Hip-Hop in China: Busting Rhymes in Mandarin...