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...significantly" in the fourth quarter, as San Francisco Fed president Janet Yellen recently put it, an issue that was practically unthinkable three months ago is now, for the Fed, front and center: the possibility of the U.S. entering a phase of deflation, or protracted declines in the general price level. In its statement accompanying the most recent interest-rate cut, the Fed said, "In light of the declines in the prices of energy and other commodities and weaker prospects for economic activity, [the Fed] expects inflation to moderate...

Author: /time Magazine | Title: The Rising Threat of Deflation | 11/6/2008 | See Source »

...Rivers, the son of Reverend Eugene Rivers ’83, a Boston community organizer, said that when he voted in Dorchester earlier in the day, the level of excitement was palpable...

Author: By Lois E. Beckett and Abby D. Phillip, CRIMSON STAFF WRITERSS | Title: Historic Night Ends in Tears of Jubilation | 11/5/2008 | See Source »

...printing interface that charges users five cents a page to print. Non-FAS affiliates can also download Pharos Mobile to print for 10 cents a page. The service is currently set up on two printers, one located outside the Lamont Cafe and the other near the reference desk on Level B. If the pilot program is successful, Information Technology Services will set up printing from laptops in other Harvard College libraries. The initiative has been in the works for six months, according to Harvard College Library spokeswoman Beth Brainard. “When printers were set up 10 years...

Author: By Anita J Joseph, CONTRIBUTING WRITER | Title: Pilot Tests Laptop Printing | 11/5/2008 | See Source »

...from conservative columnist Janet Porter that they could be risking their eternal souls by doing so - an improvement on John Kerry's dismal showing in 2004. But against a candidate like McCain, who is famously disliked by many Evangelicals, in a campaign in which Democrats engaged in a record level of outreach to Evangelicals, and at a time when the Evangelical community is expanding its consciousness to focus on traditionally Democratic issues like the environment and poverty, this would have been the year for a real shift of support to take place. So why didn't that happen...

Author: /time Magazine | Title: Obama: Bringing (Some) Evangelicals In | 11/5/2008 | See Source »

...Calderón's administration has also been shaken up in recent weeks by high-level corruption scandals connected to drug cartels. On Friday, the head of the Federal Preventive Police resigned after detectives questioned him for two days about links to the Sinaloa cartel. Four days earlier, police had announced the arrest of five senior prosecutors for taking bribes of up to $450,000 per month from drug traffickers. Among information leaked to the cartels had been details of U.S. Drug Enforcement agents working in Mexico, officials alleged. The U.S. government has continually expressed support for Calder...

Author: /time Magazine | Title: Plane Crash Kills Mexico's Deputy Leader | 11/5/2008 | See Source »

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