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...unemployment, the battered housing sector and frozen credit markets. "We're well into a jobless recovery, credit lines have been cut, and consumers can no longer use their houses as ATMs," he says. Nevertheless, Canally says, consumers are benefiting from last year's rebound in the stock market and higher consumer savings rate, which makes them stronger financially. "Consumers are feeling a lot better today than they did 12 months ago," he says. (See pictures of retailers that have gone out of business...

Author: /time Magazine | Title: Retail Outlook: More Bargain-Seeking Shoppers | 1/28/2010 | See Source »

...called underemployment rate, which includes the country's jobless as well as workers who have taken part-time jobs and those who have given up looking for work, is even higher, at about 18%, notes Davidowitz. "We're not adding jobs, we're losing jobs," he says. Davidowitz is predicting a double-dip recession, and if that happens, he sees little improvement in job growth, the credit markets or consumer confidence in 2010. "I don't see any increase [in retail sales] this year. However, he expects value retailers, such as Walmart, Kohl's, Target, TJX, Ross and Costco...

Author: /time Magazine | Title: Retail Outlook: More Bargain-Seeking Shoppers | 1/28/2010 | See Source »

...flawless will only increase as the political climate on climate change heats up. And yet, it's much harder to predict the future impact of global warming accurately, especially at the local and regional level, than it is to build the broader case that more carbon dioxide means higher temperatures. But that's exactly the sort of information policymakers will need to prepare for climate change going forward, and it's exactly the sort of information most at risk of being hyped...

Author: /time Magazine | Title: Explaining a Global Climate Panel's Key Missteps | 1/28/2010 | See Source »

...body fat based on a ratio of weight and height - is equally useful for all age groups. The World Health Organization defines normal weight as a BMI of 18.5 to 24.9 kg/m2; overweight is defined as a BMI of 25 to 29.9 kg/m2. A BMI of 30 or higher is considered obese, and under 18.5 underweight...

Author: /time Magazine | Title: Being Fat May Not Be All Bad — if You're 70 | 1/28/2010 | See Source »

...national security to strengthen your hand at home. Obama needs to frame future foreign policy successes in way that gives him leverage with voters and Congress. Reagan deployed his standing as a successful Cold War President to rally the public around him, and then used higher approval ratings to advance his agenda. Obama is governing in a more partisan era, but he can break the bonds of a divided Washington to turn his domestic agenda into a patriotic one - by pushing for energy independence, for example - rather than one side of a left-right slugfest...

Author: /time Magazine | Title: What Obama Can Learn from Reagan | 1/27/2010 | See Source »

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