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...housing market was in the midst of a comeback and the first few companies that have announced earnings have done no better than their gloomy forecasts said that they would. Berkshire Hathaway (BRK) lost its Triple-A rating as GE (GE) did just a few weeks ago. The period of the Fort Knox balance sheet is over in America. As of the Berkshire news, all corporate debt officially carries risk...

Author: /time Magazine | Title: The Lost Decade May Only Last Three Months | 4/9/2009 | See Source »

...Bangkok Protests, Again After just a few months of relative calm following an extended period of political turmoil, as many as 100,000 protested on April 8 to demand that Prime Minister Abhisit Vejjajiva step down. Supporters of exiled former PM Thaksin Shinawatra rallied outside the home of the privy councilor to Thailand's revered monarch. Thaksin blames the adviser for organizing the 2006 coup that ousted...

Author: /time Magazine | Title: The World | 4/9/2009 | See Source »

...unemployment rate inches toward double digits, more Americans are left without health insurance and are looking for affordable alternatives in the supplement aisle. Vitamin sales rose nearly 8% this winter over the same period a year ago, according to the Chicago-based market-research firm Information Resources Inc., while the national chain Vitamin Shoppe reported a 20% surge in new customers seeking cheap ways to prevent illness and avoid expensive treatment...

Author: /time Magazine | Title: The World | 4/9/2009 | See Source »

...opposed to tax cuts in stimulating the economy (Krugman would presumably find a reason not to like this idea), who can deny that there would be a positive jolt to consumer spending from something as dramatic as a complete suspension of payroll taxes, even for a relatively short period of time? The February stimulus bill contains something along these lines, the Making Work Pay tax credit, which will mail out a refundable tax credit of up to $400 in both 2009 and 2010. But an actual hiatus on payroll taxes would mean bigger paychecks in the much shorter term...

Author: By Clay A. Dumas | Title: Diamond in the Rush | 4/9/2009 | See Source »

...part of a voluntary settlement agreement with Health and Human Services, Robert B. Fogel will not be allowed to serve the U.S. Public Health Service in any advisory capacity for three years. All research affiliated with Fogel funded through the Public Health Service during this period will be subject to supervision...

Author: By Laura G. Mirviss, CRIMSON STAFF WRITER | Title: Erstwhile Medical School Professor Falsified Sleep Study Data | 4/9/2009 | See Source »

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