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...signs point to an ugly day in Asian markets in the wake of Wall Street's worst decline in seven years. Japan's benchmark Nikkei stock market index plummeted 4.6% in early trading, Hong Kong's Hang Seng index fell 6.5%, and Seoul's KOSPI index dropped...

Author: /time Magazine | Title: Asia Markets Face Rough Day Ahead | 9/15/2008 | See Source »

...these holdings jumped 35.8 percent in Harvard’s last fiscal year. While the returns fell far short of last year’s exceptional 23 percent growth, the gains still compare favorably given that they come during a bear market that has seen the S&P 500 index, a standard baseline for stock-market performance, drop more than 13 percent over the same period. The 8.6 percent gain puts Harvard comfortably in the top 5 percent of peer investment groups as measured by the Trust Universe Comparison Service and far outpaces the group’s median return...

Author: By Clifford M. Marks and Nathan C. Strauss, CRIMSON STAFF WRITERS | Title: Harvard Bests Market Turmoil, Clocks 8.6 Percent Endowment Growth | 9/12/2008 | See Source »

...Internet to truth-squad misleading ads; with a simple Web search, any consumer can find out if a car manufacturer hyping its fuel-efficient hybrids actually earns the majority of its revenue selling gas-guzzling trucks and SUVs. "We try to make it a little more transparent with the index," says Kim Sheehan, a communications professor at the University of Oregon and a co-founder of the site. "It teaches people to be a little more cautious about the claims they hear...

Author: /time Magazine | Title: Eco-Buyer Beware: Green Can Be Deceiving | 9/11/2008 | See Source »

...worst housing slump since the Great Depression--prices are down 18% since mid-2006, according to the S&P/Case-Shiller national index--has made once safe mortgages look perilous and Frannie's capital cushion look alarmingly skimpy. In July, in another of his Sunday bombshells, Paulson asked Congress for the authority to do (and spend) whatever it took to keep the companies from going under. He soon got what he wanted, and he said he hoped that alone would be enough to see them through. But after taking a closer look at the exact state of their capital reserves and watching...

Author: /time Magazine | Title: With Fannie and Freddie, the US Is Bailout Nation | 9/11/2008 | See Source »

...Obesity is a major public health crisis in the land of the free, and it brings with it a host of undesirable complications and hidden costs. In 2007, almost two-thirds of all American adults were either overweight or obese, and about 30 percent had a body mass index (BMI) of over 30, generally considered the threshold for clinically significant obesity. This epidemic has been associated with a wide variety of high-risk side effects, including ischemic heart disease, congestive heart failure, high blood pressure, and diabetes. Medical obesity leads to a 200 to 300 percent increase in the risk...

Author: By Eugene Kim | Title: Fixing Our Fat Problem | 9/11/2008 | See Source »

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