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...called underemployment rate, which includes the country's jobless as well as workers who have taken part-time jobs and those who have given up looking for work, is even higher, at about 18%, notes Davidowitz. "We're not adding jobs, we're losing jobs," he says. Davidowitz is predicting a double-dip recession, and if that happens, he sees little improvement in job growth, the credit markets or consumer confidence in 2010. "I don't see any increase [in retail sales] this year. However, he expects value retailers, such as Walmart, Kohl's, Target, TJX, Ross and Costco...

Author: /time Magazine | Title: Retail Outlook: More Bargain-Seeking Shoppers | 1/28/2010 | See Source »

Barber was aboard the Canadian research icebreaker Amundsen, checking on ice in the Beaufort Sea north of Alaska and Western Canada. The ship was well inside a region the satellites said should be choked with thick, multiyear-old ice. "That's pretty much a no-go zone for an icebreaker of the Amundsen's size," says Barber. But the ship kept going, at a brisk 13 knots - its top speed in open water is 13.7 knots - and even when it finally reached thick ice, he says, "we could still penetrate it easily...

Author: /time Magazine | Title: Melting Arctic Ice: What Satellite Images Don't See | 1/28/2010 | See Source »

When it was awarded a share of the Nobel Peace Prize in October 2007, the Intergovernmental Panel on Climate Change (IPCC) may well have been one of the most respected organizations in the world...

Author: /time Magazine | Title: Explaining a Global Climate Panel's Key Missteps | 1/28/2010 | See Source »

...IPCC chairman Rajendra Pachauri, who accepted the group's Nobel in 2007, had to dodge calls for his resignation amid charges that he was benefiting financially from global-warming research. Very suddenly the global body that had seemingly closed the case on climate change was springing more leaks than, well, a melting glacier. (See pictures of this fragile earth...

Author: /time Magazine | Title: Explaining a Global Climate Panel's Key Missteps | 1/28/2010 | See Source »

Ever find yourself wondering what Professor Michael J. Sandel is up to when he isn't teaching philosophy on TV? Well this past weekend, he was at the Solomon R. Guggenheim Museum in New York, performing a variation from "The Sleeping Beauty" in anticipation of its New York City Ballet opening...

Author: By Erica A. Sheftman, CRIMSON STAFF WRITER | Title: Moral Reasoning, A Ballet in One Act | 1/28/2010 | See Source »

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