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Williams' mood is unlikely to be as upbeat when he meets with Pope Benedict on Saturday, just a month after the Vatican's surprise announcement outlining historic new procedures designed to help disaffected conservative Anglicans enter the Roman Catholic fold. Both Anglicans and Catholics are now awaiting the first details...

Author: /time Magazine | Title: The Anglican and Catholic Churches: Friends or Rivals? | 11/20/2009 | See Source »

Finally, conglomerate banks are often large enough to stifle competition. Last month, Alan Greenspan argued that institutions deemed “too big to fail” operate under an implicit subsidy from the government, since they would likely be rescued in a future financial emergency. This allows these banks...

Author: By Anthony P. Dedousis | Title: Too Big to Fail is Too Big | 11/19/2009 | See Source »

The Castiglionis reckoned that Cambyses' army must have taken a different route from Thebes into the desert than the one explored by earlier generations of archaeologists. Geological surveys they conducted over a new stretch of terrain further afield from the old caravan track revealed dried-up wells and pieces of...

Author: /time Magazine | Title: The Vanished Army: Solving an Ancient Egyptian Mystery | 11/17/2009 | See Source »

Stocks rise, the dollar falls and unemployment continues to worsen. How should investors make sense of the crosscurrents and what should they do with their money? To get a sense of the market's prospects, TIME spoke with Kirk Hartman, chief investment officer at Wells Capital Management, the investment division...

Author: /time Magazine | Title: Stock Rally Isn't Over, Says Wells Fargo's Hartman | 11/11/2009 | See Source »

The dire predictions about the world's depleting fossil fuels are in fact known to those closest to the oil wells: oil executives. Yves-Louis Darricarrère, global chief of exploration and production for the French energy giant Total, told TIME last week that the world has "oil reserves...

Author: /time Magazine | Title: After the Recession, an Energy Crisis Could Loom | 11/10/2009 | See Source »

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