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This means that CNBC looks at everything, particularly politics, in terms of how it will affect "the Market." The commentators on CNBC murmur about the Market as if it were the Island on Lost: a mystic force that must be placated, lest it become angry and punish us. "The Market doesn't like ..." "What the Market wants...

Author: /time Magazine | Title: CNBC Under Fire: Sticking Up for the Big Guy? | 3/12/2009 | See Source »

...West. A high percentage of Taiwan's trade with China, for example, is made up of electronic components shipped to Chinese factories for assembly into finished products that eventually appear on U.S. store shelves. As a result, Taiwan's China trade is contracting twice as fast as the island's U.S. exports...

Author: /time Magazine | Title: The Tiger Trap | 3/12/2009 | See Source »

...belly didn't stop Nicole Young, 33, from hitting the job circuit this fall. Her husband, who works on the floor of the New York Stock Exchange, has seen his income shrink along with the Dow. And the consulting projects she has been doing from their home on Long Island in New York are not bringing in enough money to make up the difference. So Young, who left her full-time marketing job in 2005 when she was pregnant with their first child, buffed up her résumé and started conducting phone interviews to try to line...

Author: /time Magazine | Title: Hard Times Send 'Economoms' Back to the Job Market | 3/12/2009 | See Source »

...precariously perched on expectations that debt-soaked Americans would buy more TVs, computers and cars forever. Those expectations have been dashed, leaving the tigers with excess manufacturing capacity and a burgeoning army of unemployed workers. At Taiwan's Hsinchu Science and Industrial Park, home to many of the island's flagship tech firms, most workers are taking unpaid leave at least one day a week. Ryan Wu, chief operating officer of the job-search website 1111 Job Bank, says conditions at Hsinchu have never been so dire. "There's extreme panic right now," Wu says...

Author: /time Magazine | Title: The Tiger Trap | 3/12/2009 | See Source »

...recently included enticing entrées like a blue lingcod seasoned with red ginger, wasabi and shiso (a minty herb), and crispy salmon with soybeans, saffron and parsley. Other dishes, like a succulent barbecued lamb chop garnished with pecans and cèpes, benefit from Icelandic husbandry: the island's sheep spend their summers grazing freely in pristine mountain pastures. (See pictures of Rome...

Author: /time Magazine | Title: Reykjavík's Best Cellar | 3/11/2009 | See Source »

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