Word: straighte
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...Year holiday last month, one of her friends spoke ominously of rumors that China's government was planning a crackdown on stock speculation, including a possible tax on capital gains. Over the past 18 months, Chen's small portfolio had almost doubled in value as the Shanghai market shot straight up. So she decided to pull the plug, suddenly afraid it would all go wrong. "I sold everything just before the holiday," she says, and was blithely unaware that the Shanghai stock index plunged 8.8% on Feb. 27, its biggest one-day drop in a decade...
...more sensible explanation for the panicked reaction in other markets to the tailspin in Shanghai is that it was simply an excuse to take some money off the table. The Dow Jones industrial average, for example, had recently hit all-time highs, having gone up for five straight years as U.S. corporate profits soared. There hadn't been a single day in nearly four years in which U.S. stocks had fallen even 2%, an unusually long absence of volatility. Likewise, markets from India to Singapore to Russia had been on a historic tear. Against this backdrop, China's sudden return...
...TIME: You've been doing pugnacious, sarcastic political critiques that blur the line between news and entertainment for almost 14 years. How has that form changed "straight" political debate...
...Lloyd Wright's Guggenheim Museum, filled the sails of the Sydney Opera House and even ballooned into the later work of Le Corbusier, the Ur-modernist himself. "It never went entirely away," Kaplicky insists, and he's right. But on the whole, and for a long time, it was straight lines that carried more authority. For decades contours endured a kind of underground existence. Anything too curvy risked looking kitschy. Like Jayne Mansfield...
...comes to fashion. With tastes changing faster than the seasons, keeping up with the latest trends can be taxing on both the psyche and the pocketbook. Following the success of Bag, Borrow or Steal, the online purveyor of premium handbags for rent, comes Wardrobe, which leases couture gowns straight off the runways. Neva Lindner, a stylist and former assistant to Katie Ford, offers the latest creations from designers like Dolce & Gabbana, Carolina Herrera and Behnaz Sarafpour in various sizes and at 15% of the retail price. Lindner's beautiful array of evening and day wear is too tempting for most...