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...couple of 76ers basketball games, as he did a year ago. After all, some of his clients have connections to the flailing real estate industry, so he anticipates a dip in his business. And he's got three boys, ages 17, 14 and 11, so scary college-tuition bills loom. "In general, we're not spending as much on that discretionary stuff," Reynolds says. "So no, I probably...

Author: /time Magazine | Title: Can Sports Avoid This Recession? | 10/23/2008 | See Source »

...franchise's target audience know the difference between watching a TV movie at home and seeing their idols on a 50-foot screen. The smooth adorableness of teen dream Zac Efron is now available in giant economy size. The deep dimples of his costar Vanessa Hudgens now loom, in microscopic close-up, like the mountain crevasses in an IMAX travelog; a bear cub could hibernate in one of them. And the dance numbers - the real reason some adults don't mind a 100-min. HSM babysit - now have the size and breadth they deserve. High School Musical 3 is High...

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

...franchise's target audience know the difference between watching a TV movie at home and seeing their idols on a 50-foot screen. The smooth adorableness of teen dream Zac Efron is now available in giant economy size. The deep dimples of his costar Vanessa Hudgens now loom, in microscopic close-up, like the mountain crevasses in an IMAX travelog; a bear cub could hibernate in one of them. And the dance numbers - the real reason some adults don't mind a 100-min. HSM babysit - now have the size and breadth they deserve. High School Musical 3 is High...

Author: /time Magazine | Title: High School Musical 3: The Critic's Review | 10/23/2008 | See Source »

...world is in the grips of a perilous market crunch, the boom is over, and tough times loom. The U.K.'s FTSE-100 stock index has nose-dived and is down about 35% in the past year. Two famous British banks have already imploded--Northern Rock and Bradford & Bingley. And after a dramatic plunge in the stock price of other banks, on Oct. 8 the British government announced an emergency $88 billion recapitalization package that includes partially nationalizing three other banks: Royal Bank of Scotland, HBOS and Lloyds TSB. The City has been through enough slumps to know what...

Author: /time Magazine | Title: London Falling | 10/23/2008 | See Source »

...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 »

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