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The very shallowness of the last recession is part of what's causing worry now. In 2001 most businesses cut back sharply on spending. Thanks to the superlow interest rates set by the Fed, though, households plowed on, and for the first time ever, consumer spending kept rising during a...

Author: /time Magazine | Title: The Rites of Recession | 1/17/2008 | See Source »

“It would have been more interesting if she had gone into specifics on a few issues,” said Thomas A. Sampson, a doctoral candidate in economics. “She said she didn’t think the Iraq war was a good idea and...

Author: By Lucy D. Chen, CRIMSON STAFF WRITER | Title: Albright Blasts Bush’s Foreign Policy During Visit | 1/16/2008 | See Source »

Want to know how many cheeseburgers you'd have to eat before they start doing damage to your body? The answer, according to a review of new dietary research, is just one. Just one high-fat, high-sugar meal can trigger a biochemical cascade, causing inflammation of blood vessels and...

Author: /time Magazine | Title: One Meal to Good (or Bad) Health | 1/15/2008 | See Source »

It's becoming clear, for example, that statins, an $18 billion market in the U.S., may lower the risk of heart disease by doing more than just lowering cholesterol - studies have shown that statins can also lower inflammatory factors that can aggravate plaques, causing them to burst and block heart...

Author: /time Magazine | Title: Is Vytorin a Failure? | 1/15/2008 | See Source »

He isn't kidding. Hong Kong's economy has been on a tear lately: bolstered by a booming mainland and the Hong Kong dollar's peg to a weakening U.S. currency, the Hang Seng Index gained 39% in 2007. A recent survey by TNS and Gallup International showed that Hong...

Author: /time Magazine | Title: Hong Kong Democracy Still Postponed | 1/15/2008 | See Source »

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