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"People originally said it would eliminate the issuance of municipal bonds," says John Cummings, who is head of muni-bond investments at money-management firm PIMCO. "Instead they have stabilized the market and helped to create jobs." (See the top 10 financial-crisis buzzwords.)

Author: /time Magazine | Title: A Stimulus Success: Build America Bonds Are Working | 11/17/2009 | See Source »

Observers say Build America Bonds have lowered borrowing costs for states and other local governments. The bonds have renewed and expanded investor interest in the muni-bond sector. And by getting money into the hands of cash-strapped local governments, the bond program has saved or even boosted jobs, stimulating...

Author: /time Magazine | Title: A Stimulus Success: Build America Bonds Are Working | 11/17/2009 | See Source »

When you sign up for Mafia Wars, you become a newly minted mafioso. You move up in the ranks by gaining experience, which you can get by doing jobs. For example, I gained experience by confronting a character named Giancarlo Morillo, who had apparently roughed up my uncle (apparently I...

Author: /time Magazine | Title: The Odd Popularity of Mafia Wars | 11/16/2009 | See Source »

You don't play Mafia Wars alone. Your friends on Facebook (or whatever network you're playing on) who also play Mafia Wars make up your family. They help you with your business and fight with you and send you gifts. The bigger the family, the better for business. And...

Author: /time Magazine | Title: The Odd Popularity of Mafia Wars | 11/16/2009 | See Source »

Trade Trade between the U.S. and China has been a heated subject in recent months. After Obama imposed tariffs in September of up to 35% on Chinese-made tires to protect U.S. jobs due to a surge in Chinese imports, China retaliated in October with new levies on nylon imports...

Author: /time Magazine | Title: Five Things the U.S. and China Actually Agree On | 11/16/2009 | See Source »

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