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...others, and two of them were Depression related - one was the beginning of Great Depression and one was in the middle of the Depression era, in 1937. And the other four were outside of that era. When you look at those, what you find out is, off the low of every one of those you had a violent recovery. Not a slow, arduous crawl higher, but a violent recovery...

Author: /time Magazine | Title: Is The Stock Market Bottoming? | 2/25/2009 | See Source »

...consistently supported lower taxes. Now is not the time to raise taxes, but if we don’t eventually lower our national debt, we will all become poor, no matter how low our taxes might...

Author: By Thomas J. Donahue | Title: More of the Same Neocons | 2/24/2009 | See Source »

...come up with the $65,000 balance. Despite the stay of execution, however, the school hasn't yet licked its troubles. Morris Brown has been struggling ever since 2002, when it lost its accreditation in the wake of a financial scandal. Enrollment plummeted from 3,000 to as low as 56, with just 161 students registered this semester. The school faces foreclosure on a building that is home to classrooms and an art gallery. And in a brand-new lawsuit, filed last week, General Electric Capital Corp. is seeking $382,000 plus legal fees for alleged missed payments on office...

Author: /time Magazine | Title: Sparing a Dime to Save a College | 2/24/2009 | See Source »

...lines is down at least 25%. But the more important reason cruise lines are desperate to sell tickets is that their real revenue comes not from fares but from onboard spending. The industry's dilemma, says Carolyn Spencer Brown, editor of CruiseCritic.com, is that "if it takes fares this low to get me onboard, am I really going to spend that much in the casino or on the bottle of wine at dinner?" Says Yeary, "I do plan to be a little more careful in that department." To help make up for the shortfall, Royal Caribbean now charges fees...

Author: /time Magazine | Title: How to Save in the Recession? Take a Cruise | 2/24/2009 | See Source »

...Tata Motor's strategy was to push further into international markets by attacking the potentially vast, low-budget car market in the developing world. That effort was to be led with innovative models like the Nano. Through numerous innovative manufacturing strategies - and cheap Indian labor - the Nano was supposed to debut last year with a sticker price of about $2,500. Meanwhile, the company was dipping its toes into the luxury segment through the acquisition of struggling...

Author: /time Magazine | Title: India's Top Automaker, Tata Motors, Hits a Rough Patch | 2/24/2009 | See Source »

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