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...global recession isn't just making jobs scarce and tightening spending - it's also turning more people into thieves. According to an annual survey released on Tuesday, incidents of shoplifting rose nearly 6% over the past year, representing nearly $115 billion in losses for businesses. One of the more surprising findings: a growing number of new shoplifters are outwardly reputable, middle-class people who are walking off with French cheeses, quality meats, cosmetics, mobile phones, clothing and other goodies that they feel they need to maintain a quality of life they can no longer afford. (See pictures of people shopping...

Author: /time Magazine | Title: Recession Sparks Global Shoplifting Spree | 11/11/2009 | See Source »

...environment of easy money evidently now trump worries of a second-dip recession. Its October and November decisions, which raised interest rates from 3% to 3.5%, are meant to keep inflation between 2% to 3% in 2010. The country's consumer price index as of September actually rose just 1.3%, but the fear is that the resurgent economy and government's $38 billion in cash handouts and infrastructure spending will push inflation above...

Author: /time Magazine | Title: Why Some Countries Are Stopping Their Stimulus | 11/9/2009 | See Source »

...CHUCK ROSE, a New York Mets fan, on having to endure a World Series between the Philadelphia Phillies and New York Yankees, two of the club's bitter rivals...

Author: /time Magazine | Title: Verbatim | 11/9/2009 | See Source »

...34th minute, a cross from the right found Chi, who directed the ball back across goal to Rogers. But the freshman got the ball stuck underneath his feet, and the Lions were able to clear. On the ensuing corner, senior defender Kwaku Nyamekye rose above the Columbia defenders, but his header sailed just over...

Author: By Jay M. Cohen, CRIMSON STAFF WRITER | Title: Late-Game Rally Ends With OT Win | 11/9/2009 | See Source »

...Friday's jobless number from the Labor Department will quickly become a political football. The Labor Department reported that the widely watched unemployment rate rose to 10.2%, the highest rate since April 1983, as nonfarm payrolls declined by 191,000 in October, down from a revised loss of 219,000 jobs in September. (See photos of Cleveland's struggles...

Author: /time Magazine | Title: Unemployment Rises to 10.2%, Stoking the Economic Debate | 11/6/2009 | See Source »

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