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Upon his return from a brief stint as a correspondent in Iraq (recounted in his previous book, War Reporting for Cowards), British journalist Chris Ayres takes up a job as a Hollywood correspondent for the London Times. There, he witnesses a less violent, but equally disturbing, scene - the rapacious, debt...

Author: /time Magazine | Title: A Brit in Los Angeles, Deep in Debt | 2/17/2009 | See Source »

Yet, too much of Leisure is taken up by Ayres' romantic disasters, surely mortifying to experience yet so flat on the page. And by the fifth time he leaves us on a "cliffhanger," only to resolve the situation two pages later, it's clear that his concept of dramatic tension...

Author: /time Magazine | Title: A Brit in Los Angeles, Deep in Debt | 2/17/2009 | See Source »

Perhaps, then, it's a good thing they have been commemorated in Confessions of a Shopaholic, a movie adaptation of Sophie Kinsella's series of novels about a shopping-obsessed, debt-ridden young English journalist named Becky Bloomwood (Isla Fisher). As a romantic comedy, it is forgettable. But as an...

Author: /time Magazine | Title: Confessions of a Shopaholic: Relic of an Economy Past | 2/12/2009 | See Source »

Among gift categories, IBIS World projects the sharpest drops for clothing and intimate apparel (don't expect the lingerie, ladies), dining out, jewelry, romantic getaways and flowers. Only greeting cards and candy, the smaller-ticket items, are showing a slight uptick. Brand Keys Inc., a New York City-based research...

Author: /time Magazine | Title: Shoppers Showing No Valentine's Love for Retailers | 2/11/2009 | See Source »

These days, consumers, no matter how romantic and sentimental they may be, value that extra cash. So retailers must get more aggressive in order to spread the love. At Louis Martin Jewelers in New York City, for example, you can find the back room filled with sparkling rings and necklaces...

Author: /time Magazine | Title: Shoppers Showing No Valentine's Love for Retailers | 2/11/2009 | See Source »

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