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Dates: during 2000-2009
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...either don't participate or don't set aside enough money to give them a shot at a comfortable retirement. Those who do save enough often bungle their investment choices. Those who choose well pay higher investment fees generally than pension funds do. Even participants in the best-run, lowest-cost retirement funds face the risk that the market will tank - as it has done this year - when they're close to retirement. At retirement comes another issue: pensions insure against the risk that you'll outlive your money, because they pay until...

Author: /time Magazine | Title: Should the 401k Be Killed? | 12/4/2008 | See Source »

...DiGiovanni said GM's number crunchers estimated new vehicle sales, on per capita basis, had dropped to the lowest level since the recession of 1958. "2008 will go down as unlike any other year in the industry, and thus, comparisons to 2007 sales have become irrelevant," said Jim Press, Chrysler chairman...

Author: /time Magazine | Title: Auto Sales Plummet, Worsening Crisis | 12/3/2008 | See Source »

...Across the country, energy companies are quickly cutting their exploration efforts. On Tuesday, oil fell to $46.85 a bbl., its lowest price in 3 1/2 years, down significantly from the $140 it traded for this past July. Natural-gas prices are well off highs too. And that is causing energy executives, recently determined to drill in places long considered uneconomical, to rethink their plans. "Oil and gas companies are going to meaningfully cut their budgets next year," says Larry Nichols, chief executive of Devon Energy, one of the nation's largest exploration companies. "And that includes us." (See TIME...

Author: /time Magazine | Title: Oil-Price Drop Forces Big Energy to Retreat | 12/3/2008 | See Source »

...year after the Undergraduate Council presidential election registered its lowest vote totals in more than a decade, candidates in the current election will have more time to make contact with potential supporters...

Author: By Chelsea L. Shover, CRIMSON STAFF WRITER | Title: Election Period Extended | 12/2/2008 | See Source »

...seats would be better for the Democrats than 59, which would be better for the Democrats than 58. Six years is also a long time. In fact, Georgia is still an extremely conservative state, so if Chambliss can win at a time when the Republican Party is at its lowest ebb, he can probably hold his seat as long as he wants - which would be good news for Bush-style Republicans and bad news for Obama-style Democrats, no matter who is in power...

Author: /time Magazine | Title: What's Really at Stake in Georgia's Senate Runoff | 12/2/2008 | See Source »

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