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...market analysts, who are usually wildly bullish on far-off earnings projections, seem to have the same tentative take on the post-stimulus economy. According to Thomson Reuters, analysts believe that on average, companies in the Standard & Poor's 500 will earn 22% more in 2011 than they will next year. That's a larger-than-average jump for corporate profits. But it will be down from the 25% jump analysts are expecting for 2010, when the stimulus money will still be pumping into the economy. And it is far below other rebounds. In 2003, for instance, corporate profits rose...

Author: /time Magazine | Title: Economic Forecasting: A Foggier View Than Ever | 9/29/2009 | See Source »

...only describes how we do one activity," he says, "but we actually juggle lots of things. So it's interesting to consider how we transition between them." One way to get a handle on how people multitask is to look at online activity, the focus of his group's next analysis: it involves a lot of different behaviors - such as chatting, game-playing and reading - but under a single umbrella. "There's potentially a lot wrapped up into one," says Malmgren...

Author: /time Magazine | Title: 'Sorry I Haven't Written': A Scientific Explanation | 9/29/2009 | See Source »

...senior class committee representing their houses in planning all of those excellent senior events over the course of the year. It's a significantly more diverse group than the eight class marshals announced last week. The selection process for class secretary and treasurer will occur over the next few weeks, so get your resumes ready if you're interested in applying.  And without further ado, the names, after the jump...

Author: By Aditi Balakrishna | Title: 2010 House Representatives Announced | 9/29/2009 | See Source »

...economic downturn. The worst recession since World War II will see Europe's biggest economy contract by 5% in 2009. While Germany's economy grew 0.3% in the second quarter of this year, it will still be a slow climb out of recession. Unemployment is set to rise next year once government subsidized short-term labor contracts are phased out. The budget deficit is expected to pass 6% of GDP in 2010, thanks mostly to a dip in tax revenues. Some economists say the center-right government will be penned in. "There's no room for maneuver on tax cuts...

Author: /time Magazine | Title: Fight over Tax Cuts Looms for Merkel | 9/29/2009 | See Source »

...vociferous television appearances, over the past few weeks started demanding a change of power in several anti-government demonstrations. About 60,000 people gathered at Conakry's airport earlier this month to greet opposition leader Cellou Dalein Diallo, expected to be one of the top candidates in next year's presidential election, when he returned from a trip overseas. (See pictures of the scourge of the Guinea worm...

Author: /time Magazine | Title: Violent Crackdown Shatters Democracy Hopes in Guinea | 9/29/2009 | See Source »

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