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No one is more aware of that need than Barack Obama, who carried Michigan by a huge margin. The President-elect is committed to helping the Detroit Three, and House Speaker Nancy Pelosi is leading a rescue party that plans to get a bailout bill in front of President Bush...

Author: /time Magazine | Title: Is General Motors Worth Saving? | 11/13/2008 | See Source »

A long time ago in a galaxy far, far away, before Hollywood started making only superhero blockbusters and art-house Oscar winners, there were big, fun, beautiful movies that were both crowd-pleasing and artistically valuable. “Slumdog Millionaire” is one of these movies. With its...

Author: By Samuel E. Chalsen, CONTRIBUTING WRITER | Title: "Slumdog Millionares" | 11/13/2008 | See Source »

Eastern Europe avoided the first wave of banking problems caused by the sub-prime mess, but as the global economy slows and credit dries up, there's plenty to cry about. Many of the region's capitals borrowed heavily to fuel the boom, and those bills are coming due. On...

Author: /time Magazine | Title: The Baltic Mourning After | 11/6/2008 | See Source »

That's a question being raised in other parts of Eastern Europe these days, too. By one estimate, net banking flows into the region, most of them originating in Western Europe, will fall from $219 billion in 2007 to just $74 billion next year. Sweden's Swedbank, which not long...

Author: /time Magazine | Title: The Baltic Mourning After | 11/6/2008 | See Source »

On the day Lehman Brothers evaporated, McCain was running 2 points ahead. In September, when the Wall Street Journal asked people who was better on taxes, McCain beat Obama, 41% to 37%. Over the next month, there was an 18-point swing, until Obama prevailed on taxes, 48% to 34...

Author: /time Magazine | Title: How Obama Rewrote the Book | 11/5/2008 | See Source »

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