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...Karl, chief U.S. economist at insurer Swiss Re, said in a note to clients. "First the housing market tanked, then consumer spending plummeted, now business investment is nose-diving." Hey, at least it didn't all happen at once! Peter Morici, an economist at the University of Maryland's Smith School of Business, offered a gloomy scenario: "Lacking confidence that the demand for what Americans make and sell will recover significantly anytime soon, businesses are girding for a long siege - slashing employment and dividends and hunkering down," he wrote in an e-mail. "They are preparing for a depression...

Author: /time Magazine | Title: Unemployment Rise Shows Recession Far from Over | 4/3/2009 | See Source »

...already defeated then-No.7 Duke, and is coming off of a 17-2 victory against Presbyterian last Friday. This Harvard team is more than ready to knock the Big Red down. “We’re good to go,” co-captain Nick Smith said. “[We’re] not worrying so much about what the name on their jersey is, but just playing our game.” In the 81-game history between these two Ancient Eight schools, the Crimson has won only 28 matchups. But this year, a Harvard...

Author: By Alex Sopko, CONTRIBUTING WRITER | Title: Harvard, Cornell Renew Rivalry | 4/2/2009 | See Source »

...University had been contemplating whether to eliminate its printed handbooks—over the years, other schools have done so—but the initiative “gained steam as something real” because of the financial crisis, according to FAS dean Michael D. Smith. The initiative will eliminate printed copies of the “Courses of Instruction,” “Harvard College Handbook for Students,” “The Graduate School of Arts and Sciences Handbook for Students,” “Q Guide...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: University Cuts Printed Handbooks | 4/2/2009 | See Source »

...someone with this last name did get accepted, you'll get "Incorrect ACCESS CODE" (e.g. Chu, to the right). Obviously, judging this result is a little more tricky. If you put in "Smith," this may or may not mean your Smith will be wandering Harvard Yard in a couple of weeks.  If you put in "Pennyworth," odds are pretty good that Aaron will be setting the bottom of the curve in Ec 10 next year.  The commonality of the last name matters a lot here, and it's up to you to judge...

Author: By Maxwell L. Child | Title: We Cracked Harvard Admissions | 4/2/2009 | See Source »

...Church of Jesus Christ of Latter-Day Saints was shaken by the exposure of forged documents related to its founding. The counterfeiter responsible for the fakes was a disgruntled Mormon missionary ... He created and sold titillating documents - including one that purported to show that LDS founder Joseph Smith practiced magic. In [Mark William] Hoffman's most notorious forgery, he presented Smith as a man visited not by an angel but by a giant white salamander...

Author: /time Magazine | Title: Rag and Bone: In Search of the Holy Dead | 4/2/2009 | See Source »

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