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...deteriorated 21% from just three months ago, to an index level of 35.6. Any reading below 50 means the city's economy is contracting. The index stood at 59 just a year ago. "Managers say business conditions are bad and will stay that way for at least the next six months," says Jonathan Basile, a Credit Suisse economist who compiles data for the survey...

Author: /time Magazine | Title: New York City Feels the Brunt of Wall Street's Crisis | 10/31/2008 | See Source »

...know whether you're going to have to wait six days, six months or six years before oil starts skyrocketing again. I covered a lot of my shorts [i.e., short positions] a couple of weeks ago and bought more commodities; I bought more agricultural commodities. I'm not a very good market timer, but I've been going back into the market. Ask me in a couple of years...

Author: /time Magazine | Title: Q&A with Investing Legend Jim Rogers | 10/31/2008 | See Source »

...drive and enthusiasm and deep loyalty for 25 of those 35 years. Ed was also fond of saying "I bleed TIME red," and he does. I know of no one who believes in our mission as devoutly and who has served it as ably. In just the past six years, Ed has been instrumental in changing our publication date to Friday, in igniting TIME International's explosive growth, in developing TIME.com into a must-read destination and in launching Time's Style & Design luxury supplement. More than all of that, Ed was a vocal champion of the great journalism that...

Author: /time Magazine | Title: The Final Lap | 10/31/2008 | See Source »

Bill Clinton laid his political hands on Barack Obama Wednesday night in front of more than 30,000 adoring supporters, just six days before Americans pick a new President...

Author: /time Magazine | Title: Barack and Bill: For One Night, At Least, a Happy Couple | 10/30/2008 | See Source »

...mainly rural state best known for its tea plantations. Three of them were car bombs set off in its capital and largest city, Guwahati, according to R.N. Mathur, the state's director general of police. Those blasts did the most damage, killing 31 and injuring 147. The remaining six blasts hit smaller towns in lower Assam, near the Bangladesh border, and were smaller in scale, using explosives left on bicycles and motorbikes. Two of the bombs in Guwahati were set off near government targets: a police station, the office of the deputy commissioner of the state's civil service...

Author: /time Magazine | Title: India's Northeast Rocked by Blasts | 10/30/2008 | See Source »

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