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Faced with ubiquitous signs of global economic meltdown, investors sold stocks in force on Tuesday, dragging the broad market indexes down near the lows reached last November. The Standard & Poor's 500 index, weighed down by financials, fell 4.56%, while the Dow Industrials sank 3.8%, falling to within a fraction of its November 2008 low. Among the hardest hit sectors were bank stocks, down 10%, oil service stocks, down 8.2%, and semiconductor stocks, which fell 6.7%. Gold Mining was among the rare winners Tuesday, with the industry group rising 2.5%. (See pictures of the top 10 scared traders...

Author: /time Magazine | Title: Why the Stock Market Keeps Plummeting | 2/17/2009 | See Source »

...YORK—After a recent string of poor first-halves, a good start was a point of emphasis for the Harvard men’s basketball team heading into Saturday’s game against Columbia...

Author: By Timothy J. Walsh, CRIMSON STAFF WRITER | Title: NOTEBOOK: Harvard’s First-Half Play Improves in Loss | 2/16/2009 | See Source »

...Crimson has averaged over 18 turnovers a game this season and has committed more than 20 turnovers in five of its eight losses (and, surprisingly, in three of its 13 wins). The final numbers from this weekend’s pair of games paint a picture of a generally poor ball-handling effort for the Crimson—the team turned the ball over 19 times in Friday night’s win and 20 in Saturday night’s loss. But it was the 16 first-half turnovers in Saturday’s game that spelled disaster...

Author: By Emily W. Cunningham, CRIMSON STAFF WRITER | Title: NOTEBOOK: Turnovers Costly in Weekend Ivy Defeat | 2/16/2009 | See Source »

...prices, paying their competitors to grow fewer crops, thereby lowering surpluses. But these policies raised food prices at the very moment they needed to drop. For instance, the government orchestrated the death of six million piglets to support pork prices—at a time when the urban poor could not afford bacon...

Author: By Brian J. Bolduc, CRIMSON STAFF WRITER | Title: The Best and Brightest | 2/16/2009 | See Source »

...Census counts are also used to determine how many federal dollars may flow to a city or state based on grants and other outlays. Democrats have long charged that the undercounting of minorities and poor Americans prevents federal funding from reaching strapped communities. Meanwhile, Republicans argue that Democrats seek to boost numbers in order to create extra congressional districts in urban areas and to bring in more federal money for their constituencies. They charge that sampling - which Democrats support because it provides estimates for communities that can be hard to track accurately - is unconstitutional because the Constitution calls...

Author: /time Magazine | Title: Why the 2010 Census Stirs Up Partisan Politics | 2/15/2009 | See Source »

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