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The data being released this week - including important third quarter company earnings reports, September retail sales and housing starts - will likely add up to a bleak picture, both in terms of consumer confidence levels and the overall health of the U.S. economy. "The data will show an economy that has...

Author: /time Magazine | Title: Four Reasons the Markets Are Still Troubled | 10/15/2008 | See Source »

Retail purchases fuel half of American consumer spending, which stimulates the country's economic growth. In the past, consumer spending has comprised as much as two-thirds of the gross national product. "Retail sales is the most important number because it doesn't gauge reactions, but gauges what consumers are...

Author: /time Magazine | Title: Four Reasons the Markets Are Still Troubled | 10/15/2008 | See Source »

Reinvent Yourself. It's freeing to be a stranger in a strange land. It's like getting a do-over; you can step outside yourself and be whomever you want. For one night in Paris, you're not a corporate lawyer - you're a concert pianist turned milliner. Pick says...

Author: /time Magazine | Title: Can't Find Love at Home? Travel | 10/14/2008 | See Source »

To make matters worse for Garcia, a major operation against remaining rebel strongholds in the central jungle went south during the week, with important losses and allegations of human rights abuses. A roadside bomb detonated Oct. 9 by remnants of the Maoist Shining Path (Sendero Luminoso) rebels killed 13 soldiers...

Author: /time Magazine | Title: Think Bush Has It Bad? Look at Peru's President | 10/14/2008 | See Source »

The terrorist bombing was a response to a major military campaign started in August to eliminate Shining Path positions from a jungle-mountain stretch known as the Apurimac-Ene River Valley or VRAE. Besides housing the Shining Path, the VRAE is also the second most important area in Peru for...

Author: /time Magazine | Title: Think Bush Has It Bad? Look at Peru's President | 10/14/2008 | See Source »

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