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...pre-Thanksgiving maneuvering is getting interesting. To counter Wal-Mart, the much smaller KB Toys slashed prices to $10 or less on more than 200 items. Best Buy is staging an essay contest: applicants vie to describe how important a family ritual Black Friday shopping is. The 25 winners get a $1,000 gift card, a limo ride and early admittance at 4:30 a.m. to the Black Friday deals. The electronics dealer will provide hot chocolate and outside movie screens showing holiday films to tired customers who wait in overnight lines. And in a drastic move to steal market...

Author: /time Magazine | Title: Can Retailers Get Consumers into the Christmas Spirit? | 11/1/2008 | See Source »

...those taxes? Obama's plan to target the highest earners has merit, given that almost all income gains in recent years have gone to the top 1%. But because the rich can afford good tax lawyers, there are diminishing returns to increasing their tax rates. Returning to the pre-2001 top rate of 39.6% (from 35% now) would surely bring in more money, but going much higher might not. Also, the bulk of the recent gains at the top of the income spectrum has come from huge paychecks in the financial sector--paychecks that are almost sure to shrink...

Author: /time Magazine | Title: Time to Pay the Price | 10/31/2008 | See Source »

...them being a strong one-two punch for us.”Saretsky says his team is adequately prepared for today’s race. With a cautious training regiment these past two weeks, the team feels ready both physically and mentally to run.“Pre-Nationals, we probably weren’t as sharp,” Saretsky said. “Racing a lot can really wear you down. Right now we are relatively healthy and fresh. We are more prepared going into this race.” Gillespie and Richardson both attribute part...

Author: By Melissa Schellberg, CONTRIBUTING WRITER | Title: Harvard Looks To Gain Headway at Heps | 10/30/2008 | See Source »

...like Matt Damon into Tampa for early-voter rallies and holding drum-line marches in Miami's predominantly black communities. Most polls show Obama with a narrow but unexpected lead in Florida, and the lopsided presence of Obama supporters in the early-voting lines, which affords the campaign more pre-Election Day publicity than normal politicking would, "is helping us torque up the vote in as many different pockets of the state as possible," says campaign spokesman Jamal Simmons...

Author: /time Magazine | Title: How Early Voting Could Cost McCain Florida | 10/30/2008 | See Source »

...with the rest of the country into the Great Depression. Companies incurred huge layoffs, unemployment skyrocketed, wages plummeted and the economy went into a tailspin. While World War II helped pull the country out of a Depression by the early 1940s, the stock market wouldn't recover to its pre-crash numbers until...

Author: /time Magazine | Title: The Crash of 1929 | 10/29/2008 | See Source »

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