Word: kadlec
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...negative growth, announced Friday, have tipped Japan into its first financial year of recession since the oil crisis of 1974. But this time the statistics are a little late with the story: "Japan has effectively been in a depression for four to five years," says TIME business columnist Daniel Kadlec. "They've been in a psychological recession since the stock market peaked in 1989. People who put all their money in equities then will never recover...
Personal-service journalism--pieces that offer practical advice and information that can be useful in our lives--has always been part of the mix of news stories in TIME, ranging from finance columns by Daniel Kadlec to such cover stories as our recent one on how to make sense of the latest cancer research. This week we're launching a new section of the magazine, called Personal Time, designed to provide in one place each week news and information about your health, finances and personal technology...
...DANIEL KADLEC, one of our two personal-finance columnists, joined TIME two years ago and launched a popular column called "Money in Motion." He had spent the previous decade covering Wall Street and investing for USA Today and other newspapers, winning several awards. He and his wife have three young children and, he says, "worry endlessly about how we're going to pay for their college educations. We've laid that task squarely at the foot of the stock market." His column this week finds investing opportunities in the antitrust suit against Microsoft...
...mail Daniel Kadlec at kadlec@time.com He'll be on CNNfn, 12:40 p.m. E.T. Tuesday, and chat.yahoo.com 5 p.m. E.T. Wednesday...
...Daniel Kadlec can be reached at kadlec@time.com