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...After the GDP numbers were released, the Fed put out the minutes of its two-day Federal Open Market Committee. At the core of the statement was one of the greatest hedges in recent memory...

Author: /time Magazine | Title: The Fed: Things Will Get Better, If Everything Goes As Planned | 4/30/2009 | See Source »

...Embattled Chrysler appears to have run out of rope, and has filed for bankruptcy - a course confirmed by President Obama at a Thursday press conference. The reason for the fast fall into Chapter 11 is that some of Chrysler's debt holders refused to take the cash settlement offer put together by Steve Rattner and the Automotive Task Force, the terms of which they found rather harsh...

Author: /time Magazine | Title: Could Creditors Scuttle a GM Deal Like Chrysler's? | 4/30/2009 | See Source »

...When a co-worker tries to one-up you and make you feel stupid, you may suddenly find yourself reacting to the older brother who always put you down. Or when your boss demands that costs be cut, suddenly he is your parent who could never make ends meet," says Lafair, adding, "Reactions happen in milliseconds. The trigger is usually stress. As anxiety rises, people's ability to respond in a mature manner goes down." If you've ever witnessed a colleague undergo a complete psychic meltdown over a minor setback or mistake, you know exactly what she's talking...

Author: /time Magazine | Title: Why Your Co-Workers Act like Children | 4/30/2009 | See Source »

...computerize and centrally connect the entire country's medical records has little chance of saving money for anyone except the lucky insiders who sell the computers, software and support. Aside from their costs to us, electronic records are time-consuming - a constant distraction from patient care. They also put doctors on a slippery ethical slope; it's pretty easy to bill more for the same services with a good EMR program. They are a dangerous weed being advertised as fertilizer...

Author: /time Magazine | Title: How to Fix Health Care: Four Weeds to Remove | 4/30/2009 | See Source »

...much for a relaxing summer break. Andrew Nolan, 30, a lawyer living in London, had planned to fly to Los Angeles on April 30. But the conflicting travel advisories left him so uneasy that he decided to stay put. "If these large international bodies are having difficulty deciding where it's safe to travel, I thought it was better to cancel," he says of the trip he started planning two months ago. "I'm in no way assured that they understand the full extent of the epidemic, or that they have it under control...

Author: /time Magazine | Title: To Travel or Not to Travel? A Swine Flu Dilemma | 4/30/2009 | See Source »

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