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...June evening at a sprawling Bed Bath & Beyond store in New York City, a checkout line snaked around the corner as consumers hoarded pots, soaps and Cuisinarts. "Your home is your place of comfort, the only thing you can count on," says Tina Genitti, 21, while carrying a featherbed, a pillow and body creams to the checkout line. "A few months ago, I would have gone for the cheap featherbed. But I spent the extra $5 here because it's time for a treat." (See sustainable home furnishings...

Author: /time Magazine | Title: Bed Bath & Beyond: An Economic Indicator? | 7/1/2009 | See Source »

...even with these cost-cutting measures, the threat of layoffs had loomed since April, when Jackson said at a town hall meeting that further staff reductions would likely be needed to bring the School's costs in line with its new financial realities...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Law School Lays Off 12 | 7/1/2009 | See Source »

...other end of a White House speakerphone as the Delaware ear bender tries to ride herd on the stampede for dollars known as the American Recovery and Reinvestment Act, the $787 billion monster that is the largest domestic-spending effort in U.S. history. "My rear end is on the line just like yours," Biden barks, surrounded by a flock of aides in his West Wing office. "I'm the guy in charge of this deal. So if this doesn't work...

Author: /time Magazine | Title: What Happened to the Stimulus? | 7/1/2009 | See Source »

...also raised fears about authoritarian rule. Chávez rushed through a constitutional referendum last February that lets him run for re-election indefinitely. Fernández's midterm defeat, says Corrales, may have leaders like Chávez "asking if they should ease up on their ideological hard line or ramp it up to neutralize opponents before it's too late." In Honduras, a coup on the day of the Argentine vote forced leftist President Manuel Zelaya into exile. Zelaya's foes accuse him of presidential overreach...

Author: /time Magazine | Title: What Argentina's Midterms Mean for Latin America | 6/30/2009 | See Source »

Washington is insisting on the settlement freeze in line with the requirements of the 2003 road map for peace, and because the West Bank, Gaza and East Jerusalem are the geographic basis of the Palestinian state envisaged in the two-state solution. As long as Israel continues settlement construction, Palestinians doubt its seriousness about agreeing to a viable Palestinian state. But Israel claims it has a right to keep building within the boundaries of its existing settlements to deal with what it calls "natural growth," and it expects to keep the occupied land on which most are built...

Author: /time Magazine | Title: Will Iran Take the Heat Off Israel over Settlements? | 6/29/2009 | See Source »

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