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...about to unfold. "Earnings on a year-over-year basis are expected to more than double in the fourth quarter," says Van Dijk, thanks largely to big recovery in the financial sector. In the final quarter of 2008 AIG imploded, losing $38 billion. With that ball of lead no longer weighing down the financial group average, earnings will surge. (See pictures of the top 10 scared stock traders...

Author: /time Magazine | Title: Will Earnings Reports Push Stocks Higher? | 10/20/2009 | See Source »

...financial group's turnaround - it should log $15 billion or more in fourth-quarter profit - will give a strong boost to the S&P 500 composite earnings. The S&P will also be boosted by a famous departure: "GM was losing billions last year, but it's no longer in the S&P," observes Van Dijk...

Author: /time Magazine | Title: Will Earnings Reports Push Stocks Higher? | 10/20/2009 | See Source »

...first year here, I finally had some things figured out. The alphabet soup of campus acronyms had finally resolved into an intelligible language. I no longer got lost on my way to the Quad, and I knew exactly which dishes to avoid in Annenberg...

Author: By Zachary C.M. Arnold, CONTRIBUTING WRITER | Title: Sustainability Beyond the Lab | 10/20/2009 | See Source »

...scene” is no longer in New York, where is it? Some argue that other cities like D.C. or Boston provide thriving alternative intellectual loci. (Legend has it that, challenged thusly in a newspaper editorial, one New Yorker fired off the epistolary missile: “May I suggest that the reason Boston is ‘overflowing’ with culture is the shallow vessel in which it is contained?”) Others propose that the very idea of an intellectual nucleus is outdated, with the collective energy of e-mail, blogs, and Twitter heralding a more...

Author: By Jessica A. Sequeira, CRIMSON STAFF WRITER | Title: Bright Lights, Big Pity | 10/20/2009 | See Source »

...House and Senate leaders have also been discussing extending unemployment benefits another month or longer and a program, known as COBRA, that helps the newly unemployed pay to keep their employer-provided health insurance. Other measures on the table include an extension of the first-time-home-buyer tax credit, which is set to expire on Dec. 1 and has helped stabilize the housing market this year. The White House has said Obama supports extending all three programs, though it remains unclear whether they would be offset with other tax increases...

Author: /time Magazine | Title: The White House Readies a Stealth Stimulus | 10/19/2009 | See Source »

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