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There have already been mixed signs of stabilization in price and demand. Home prices rose month over month for six consecutive months through October, according to Standard & Poor's Case-Shiller Home Price Composite 10 Index, although prices are still down year over year. However, the most recent figures from NAR indicate that pending sales of existing homes fell 16% in November. Such mixed signals, analysts say, will be the housing market's message for some months to come...

Author: /time Magazine | Title: Still Hunting for a Bottom in Housing | 1/7/2010 | See Source »

...actually a store for you. The Art of Shaving has 36 outlets around the country, and is set to expand. While sales took a predictable hit during the worst of the recession, perhaps it's a positive sign for the economy that the Art of Shaving's revenues rose 19% during the last quarter of the year. If people will fork over insane amounts of money to properly trim their facial hair - in a New York City store, a razor with a nickel-plated brass handle costs $175 - perhaps national spending will finally loosen. "We're definitely linked...

Author: /time Magazine | Title: The $175 Razor: A Sign of Economic Recovery? | 1/6/2010 | See Source »

...9/11. Then, three months later, American Airlines passengers wrestled a belligerent, biting Richard Reid to the ground, using their headset cords to restrain him. In 2007, almost a dozen passengers jumped on a gun-wielding hijacker aboard a plane in the Canary Islands. And this past November, passengers rose up against armed hijackers over Somalia. Together, then, a few dozen folks have helped save some 595 lives. {See the top 10 inept terrorist Plots...

Author: /time Magazine | Title: The Lesson: Passengers Are Not Helpless | 12/30/2009 | See Source »

...methods for tracking terrorists still aren't working It turns out that Washington's way of ranking likely terrorists, which was overhauled after Sept. 11, still resembles a Rube Goldberg contraption. There are four different U.S. terrorism databases, and yet Abdulmutallab's name never rose above the least threatening...

Author: /time Magazine | Title: What We Can Learn from Flight 253 | 12/30/2009 | See Source »

...been that kind of a year for Lula; even in the middle of the worst global economic crisis in 80 years, everything went right for him. His government lowered interest rates to a level not seen in decades, and foreign reserves rose to a record high. Brazil was last into and first out of the recession, and domestic consumption remained high as the gap between rich and poor narrowed at an unprecedented rate. Rio de Janeiro became the first South American city to win the right to host the Olympics. Meanwhile, Lula's opposition flailed aimlessly. His personal popularity regularly...

Author: /time Magazine | Title: Lula Onscreen: Brazil's President as Superhero | 12/30/2009 | See Source »

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