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...that you could really tell in the United States. Sure, there was a bit of a credit-market scare in the latter half of 1998. But on balance, the impact on the U.S. economy was positive - as the emerging market troubles sent commodity prices down and capital flowed to the relative safety of Wall Street. Real GDP grew 4.2% that year...

Author: /time Magazine | Title: The Bright Side of Friday's Dow Drop | 10/24/2008 | See Source »

...their eyes out. At one end would be Beverly Hills Chihuahua - and I salute every parent who gave selflessly of their time and money so that their children could see dogs in dresses. At the other end would be Wall*E, Spirited Away, or for me, the latter Harry Potter movies - films that you might never have considered seeing sans kids, but if halfway through, your children said they wanted to leave, you'd ignore them...

Author: /time Magazine | Title: High School Musical 3: The Critic vs. The Kids | 10/23/2008 | See Source »

...Under the baton of Lorin Maazel, the evening's program began with both national anthems and included Dvorak's New World Symphony and Gershwin's An American in Paris. The latter was played by the NYP with suitable pluck, its feverish honks and unbridled gusto trenchantly counterpointing North Korea's stagnation...

Author: /time Magazine | Title: Making Overtures | 10/23/2008 | See Source »

...souls—would-be financiers in any other job market—bravely trudged across the Charles to a college-wide career fair. And unlike in other years, these students weren’t just there for the free Nalgenes and stress balls (though many could use the latter). They were there because, as one bank after another collapses, serious questions loom about the prospect of employment. Some of them may even have to go work for (gasp) a non-financial company. (And I don’t just mean Google...

Author: By Lucy M. Caldwell | Title: Contemplating the Crash | 10/22/2008 | See Source »

...plane bound for Vegas from Seattle had to be diverted to Portland to eject a persistently amorous couple who refused to disengage. That same year, actor Ralph Fiennes had an infamous mid-air collision with a flight attendant in the lavatory of a Qantas flight to India, costing the latter her job and the former his dignity...

Author: /time Magazine | Title: How to Get into the Mile-High Club | 10/21/2008 | See Source »

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