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...going to guess the obvious one, although I’m sure this is a trick question. So, I’ll just guess manatee.” 5. How much wood would a woodchuck chuck if a woodchuck could chuck wood? Boyle: “A 3-pound woodchuck. Then the answer is definitely 30 pounds of wood. Yeah, I’m sure about that one.” 6. If Barbie’s so popular, why do you have to buy all her friends? Boyle: “I think it probably has something...

Author: By Emma R. Coleman, CONTRIBUTING WRITER | Title: P.B.K. IQ | 12/5/2007 | See Source »

First, of course, there's hardly any certainty that the dollar will keep falling. Mark Zandi, Chief Economist of Moody's Economy.com, believes the free-fall might be slowing: "I think the dollar is near a bottom via the Euro, pound and Canadian dollar. Foreign exchange markets are already pricing in a very weak if not recessionary U.S. economy and substantial Fed easing." And while he thinks the dollar still has further to go in relation to the Chinese Yuan and other Asian currencies - he predicts another 5% to 7.5% until early in the next decade, when he thinks...

Author: /time Magazine | Title: Should You Bet Against the Dollar? | 12/3/2007 | See Source »

...delighted that she won this award.” Both professors acknowledged their gratitude for winning the award and the literal burden that comes with being a recipient. “It was a very heavy medal,” Pipes said. “At least a pound...

Author: By Prateek Kumar, CONTRIBUTING WRITER | Title: Harvard Profs Win Humanities Medals | 11/19/2007 | See Source »

...weather the U.S. sub-prime crisis with relative aplomb. But, suddenly, something approaching panic has gripped the world's financial community. The headlines are grim. The U.S. housing slump is worsening. Banking giants such as Merrill Lynch and Citigroup are posting record losses. The U.S. dollar is getting pounded by the British pound - and virtually every other currency. Oil has run up as high as $98 per bbl., and gold - the traditional doomsday investment - has topped $800, its highest level since the early 1980s...

Author: /time Magazine | Title: Bottom Dollar | 11/14/2007 | See Source »

Such doubts are fueling a broader loss of faith in U.S. assets. Nowhere is this more pronounced than in the dollar's stunning decline. Since the start of 2006, it has plunged 24% against the euro and 18% against the British pound. But how big a problem is a weak dollar, and for whom? It might pain U.S. tourists shopping in cities like London or Paris. And it's a mounting worry for European and Asian manufacturers doing battle with U.S. exporters, whose products are made cheaper on the global market by a dwindling dollar. But for these U.S. manufacturers...

Author: /time Magazine | Title: Bottom Dollar | 11/14/2007 | See Source »

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