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...turns out.) The monthly employment estimate put out by payroll-service firm ADP got two demerits, mainly because it doesn't do a great job of predicting the Labor Department employment numbers that are released two days later. And consumer-sentiment indexes, which offer the tantalizing prospect of predicting future spending patterns but often function more like an echo chamber, got the thumbs-down from two more forecasters...

Author: /time Magazine | Title: When Economic Indicators Aren't Worth That Much | 2/1/2010 | See Source »

Times are tough at Harvard. Our huge endowment is now a less huge endowment. Young liberals campus-wide are still sobbing into their cappuccinos over Scott Brown’s victory.  Childhood dreams about working at Goldman Sachs have been crushed, and the prospect of sub-six-figure salaries is becoming a horrifying reality...

Author: By Derrick Asiedu | Title: Tools of the Stool | 1/29/2010 | See Source »

...nation defending its citizens—while simultaneously adhering to the highest standards of ethical warfare (including, in Israel’s case, the sending of text messages and dropping of warning leaflets with evacuation instructions for residents before targeting an area)—to face the frightful prospect that it will be accused of war crimes (by the indignant likes of Mr. Rashid) if unfortunate civilian deaths occur. Even more troubling is Mr. Rashid’s silence when it comes to Hamas, which has stolen foreign aid and committed violence against its own people...

Author: By Matthew R. Cohen | Title: LETTER | 1/28/2010 | See Source »

...Centcom commander General David Petraeus weighed in on the question of a political settlement in the Times of London on Monday, warning that before a political resolution could be achieved, there would be some intense fighting to roll back the Taliban and disabuse them of the prospect of a battlefield victory. And Gates has made clear that the movement's leadership is unlikely to negotiate a compromise until it has been dealt some heavy blows on the battlefield. Still, Petraeus suggested, current outreach efforts that are limited to those Taliban willing to lay down their arms and accept the Afghan...

Author: /time Magazine | Title: Fighting for a Draw in Afghanistan | 1/27/2010 | See Source »

...partnership between Belarus and Kazakhstan, two of Russia's most loyal allies, does come to pass, it could further weaken Russia's influence in the region. But considering the dependence of both countries on trade with Russia, this still seems like a distant prospect, and some analysts say Kazakhstan's offer to Belarus is most likely a bluff. It would be costly and difficult for Kazakhstan to ship oil to Belarus, and Belarus could not afford to pay fair-market prices anyway, says Denis Borisov, an analyst at Bank Moskvy, one of Russia's largest banks. Kazakh companies could, however...

Author: /time Magazine | Title: Energy Wars: Russia's Neighbors Get Even | 1/25/2010 | See Source »

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