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The Dubai debacle triggered immediate concern about a new wave of financial problems rippling through global markets. Stock-market indexes plummeted, the cost of insuring against a default by Dubai jumped and the dollar strengthened as investors rushed back into greenbacks. On Friday afternoon, stock markets made something of a...

Author: /time Magazine | Title: Will Dubai's Financial Problems Spread? | 11/27/2009 | See Source »

But I also realize that part of what got us here was overspending, and that that overspending was fostered by a shopping culture that uses cheap goods to hook people on feeling like they're winning at something. As a country, we held nearly $1 trillion in credit-card debt...

Author: /time Magazine | Title: Why Big Shopping Bargains Are Bad News For America | 11/27/2009 | See Source »

The findings got headlines, not least because they immediately raised the possibility of power-hungry athletes someday using gene doping to improve performance - a technique that would be much harder to detect than using performance-enhancing drugs. And while myostatin-blocking drugs are not yet available, the pharmaceutical companies Amgen...

Author: /time Magazine | Title: Is Gene Therapy Finally Ready for Prime Time? | 11/27/2009 | See Source »

The findings suggest that when dopamine is present during an imagined event - that is, even when you're not actually experiencing it in person - it still influences how much pleasure the brain will expect from it in the future. Researchers think the extra shot of dopamine may aid learning - that...

Author: /time Magazine | Title: Can Dopamine Make Your Future Look Brighter? | 11/27/2009 | See Source »

Dodd and Banking Committee ranking Republican Richard Shelby are handling the creation of a consumer-protection agency, something the banking industry strongly opposes. Senators Mark Warner of Virginia and Bob Corker of Tennessee are trying to figure out which governmental bodies - the Fed, the FDIC or a newly created entity...

Author: /time Magazine | Title: Senator Dodd's Bipartisan Push on Financial Reform | 11/27/2009 | See Source »

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