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ETFs are still a relatively small business--totaling $350 billion compared with some $7 trillion invested in conventional U.S. mutual funds. But ETFs are attracting so much attention that some financial pros believe they're moving markets in certain precious metals, alternative energy, water and other areas. Those pundits suggest that gold ETFs--formed by trusts that hoard the glistening, 400-oz. bars in London vaults--have become reflexive, a term applied by billionaire investor George Soros. Think self-fulfilling prophecy. In this case, it means the new ETFs signaled a shortage of physical gold available, making the metal jump...

Author: /time Magazine | Title: Global Investing: Market Movers | 7/16/2006 | See Source »

...core of the Lobsters, like the rest of the WTT teams, is a group of mid-level pros not yet ready to take on the Federer’s and Nadal’s of the world. But each team also “features” top-level stars that compete with the team on a part-time basis...

Author: By Nicholas K. Tabor, CRIMSON STAFF WRITER | Title: Russian Tennis Royalty Holds Court | 7/14/2006 | See Source »

...Language of God is enlightening but not always convincing. Collins writes at a pace better suited to statements of position than to sustained argument, and he sometimes falls back on familiar polemics by pros like Lewis. His insights on the nature of a God-science overlap, while fresh, are celebratory rather than investigative, budgeting relatively little space to wrestle with instances when the conjunction of the two can induce the philosophical bends (such as faith's understanding of God's place outside human time). (See pictures of spiritual healing around the world...

Author: /time Magazine | Title: Reconciling God and Science | 7/10/2006 | See Source »

...Bulls, Wade was seriously recruited by only three colleges. He chose Marquette, in Milwaukee. "My hope was just that he would get some quality playing time at Marquette," says Wade's high school coach, Jack Fitzgerald. But he has improved his game every year in college and the pros, and in 2004, Shaquille O'Neal demanded a trade from the Los Angeles Lakers to the Heat in part because he knew he could co-exist with the ego-free Wade. "Everything that happened in L.A.," says Wade, referring to O'Neal's clashes with Kobe Bryant, "wasn't going...

Author: /time Magazine | Title: Dwyane Wade's Rarefied Air | 6/21/2006 | See Source »

...explains Klepacki, "this is a disease you don't catch by sneezing or coughing. It's linked to a behavior. You don't contract HPV by sitting in a classroom. So this is a different issue." Parents need to make an informed decision; her group's website includes the pros and cons of vaccination and has links to the CDC and the American Cancer Society. "You may want to vaccinate a child just in case," she says. "We see the extremely positive effects of this vaccine. But we want it to be out of the government's hands...

Author: /time Magazine | Title: Defusing the War Over the "Promiscuity" Vaccine | 6/21/2006 | See Source »

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