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Dates: during 2000-2009
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...prices and swings in the real estate market, consumer confidence edged upward to hover at a fairly strong level, considering the mounting bad economic signs. The Conference Board put its consumer confidence rating at 59.8 for September, a slight improvement from 58.5 in August. Compare that with the index's nearly 20-year low of 55.3 in 1991, when the U.S. fell into recession following the first war in Iraq. (In good times, the index can be well above 100 points.) But the latest series of events on Wall Street and in Washington are undoubtedly shaping consumer confidence in ways...

Author: /time Magazine | Title: Consumer Confidence: A Key Recession Signal | 10/6/2008 | See Source »

...month intervention, all the girls who read books had lost weight, but the girls who read Lake Rescue lost more. They lowered their body mass index (BMI), a ratio of weight and height used to measure obesity, by .71, compared with .33 in the Charlotte group an average .05 increase among the nonreaders...

Author: /time Magazine | Title: Can Reading Help Kids Lose Weight? | 10/4/2008 | See Source »

...found new meaning as a generation of Chinese artists now ask What if every European collector bought just one of my paintings? As Zhu Qi, author of the essay Art Capitalism in China writes, showings of Chinese art have become an “assessment index of artist’s position in art scenes and of his market price,” as opposed to a referendum on their talent. This is a Bull Market in which 70 percent of all collectors of contemporary Chinese art have suddenly appeared over the past three years. It is as if somewhere...

Author: By Ruben L. Davis, CRIMSON STAFF WRITER | Title: Self-Aware Chinese Art Begins to Break Down Walls | 10/3/2008 | See Source »

...more convincing still needs to be done. Financial stocks plunged on news of the bailouts, and Datastream's index of European bank stocks has now fallen by 45% in a year. Even shares of some of the biggest and seemingly most solid financial institutions such as Royal Bank of Scotland have been mauled. Some depositors have taken fright, too. A day after the U.K. Treasury announced the nationalization of Bradford & Bingley and the sale of its branches to Spain's Banco Santander, Kusum Patel, a 50-year-old chef from Ilford, a gritty commuter suburb 9 miles (14.5 km) northeast...

Author: /time Magazine | Title: Europe's Bank Scare | 10/2/2008 | See Source »

...still export to the emerging economies, especially in Asia," says Jun Saito, director general at the economic research bureau for Japan's Cabinet. "But you can't rely on exports to Asia for very long." This distress was reflected in Japan's most recent Tankan index of confidence among large manufacturers of cars and electronics, which fell to its lowest level in five years...

Author: /time Magazine | Title: Asia's Good Times at Risk | 10/2/2008 | See Source »

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