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...data keep reinforcing the story that the U.S. economy has turned a corner and should be out of recession sooner rather than later. The latest strong signal came on Friday, when the Labor Department's May employment report showed a dramatic slowing in job losses, to 345,000, down from 504,000 in April and a peak of 741,000 in January. That many jobs lost in a month is still horrible, but the big change from the previous month and the fact that forecasters expected far worse are both indications that the economic tide has probably turned...

Author: /time Magazine | Title: Economic Recovery: Will Corporate Profits Recoup? | 6/9/2009 | See Source »

...endorsement of "Don't ask, don't tell" by the Administration marks the latest rightward tack by Obama. The President denounced many of George W. Bush's national-security policies during the campaign, but in office has adopted more conservative positions, including endorsing military commissions to try purported terrorists, and declining to release a second batch of photographs depicting alleged U.S. maltreatment of Iraqi detainees. His stance on "Don't ask, don't tell" may be more surprising, because Obama aides have made clear the President wants the ban lifted eventually. (Watch a gay marriage wedding video...

Author: /time Magazine | Title: Dismay Over Obama's 'Don't Ask, Don't Tell' Turnabout | 6/9/2009 | See Source »

There's a professor at Oxford University who makes a compelling argument that if humans survive long enough to create conscious computers, it's likely that all of us, right now, are simply historical simulations the computers created for their amusement. After playing with The Sims 3 - the latest sequel in the mega-popular Sims franchise - I believe that prof...

Author: /time Magazine | Title: The Sims 3: Getting Real | 6/8/2009 | See Source »

Reports from defector groups are not always reliable. But following its latest test, the assumption that North Korea will be ultimately willing to negotiate away its nuclear program is under new scrutiny. North Korea's "ultimate goal now is to be a full nuclear state," says Baek Seung Joo, director of the Center for Security and Strategy at the Korea Institute for Defense Analyses. If that's true, containment (not bribery) will need to become the focus of the outside world's diplomacy with Pyongyang--starting in Washington...

Author: /time Magazine | Title: Spotlight: North Korea's Nuclear Test | 6/8/2009 | See Source »

...government has continued in the runup to the 2009 election. A 2008 dispute over accusations that Hizballah was using its telecommunications systems for terrorist purposes led to deadly brawls and riots in the street. And while both groups seem poised to continue in their current roles following Lebanon's latest elections, there's no indication Hizballah will take the defeat lying down. "We consider that Lebanon is ruled by partnership, and whatever the results of the elections are, we cannot change the standing delicate balances or repeat the experiences of the past," noted Hizballah lawmaker Hassan Fadlallah. "Whoever wants political...

Author: /time Magazine | Title: Hizballah | 6/8/2009 | See Source »

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