At the World Economic Forum summit in the environs on New Delhi, a TIME-sponsored panel explored how India’s economy can be reinvigorated and made more inclusive in the decades to come.
Cars are Americans’ most trusted servants. For 2013, automakers are making them more efficient, yes, but also smarter: Various new models can now read e-mail, find addresses, shuffle through music, park themselves, and even avoid …
Curious CapitalistCurious Capitalist
Today marked the debut of “Money Talking,” a weekly radio show featuring TIME’s own Curious Capitalist columnist, Rana Foroohar, along with New York Times op-ed columnist Joe Nocera and veteran television journalist Jeff Greenfield, who hosts.
Promising to “translate” the week’s most important economic and business news for those of …
This week’s edition of TIME International features an interview with Italian Prime Minister Mario Monti (subscribers can read the story here). In the mean time, check out our video interview with Italy’s new leader.
Economists have put forward a number of reasons why China has been slowing. Higher commodities prices and a fast growing economy are causing inflation. The government has moved to reign in China’s lending and credit bubble. Chinese housing prices have started to fall as vacancy rates have skyrocketed. The stock market has dropped. But …
When President Obama’s automobile task force was mulling a menu of seemingly bad options on how to save the car industry in 2008, one of its earliest assumptions was that Chrysler was deader than a Rambler. In Time’s cover story …
One of the points I make in this week’s magazine story on American poverty is that being poor isn’t simply about not having enough income. Living on a slim financial margin often goes hand-in-hand with other destabilizing …
Why are the markets so schizophrenic? Bond spreads are rising, signaling rich country solvency fears. Yet stocks are up (except when political ineptitude like the failure of the super committee to reach a debt deal knocks them temporarily down). The mixed signals aren’t as strange as you might think — they reflect the large and …
In this week’s magazine story on poverty in the U.S., I briefly mention that the way we typically count the poor is far from ideal. The official U.S. poverty line dates back to the 1960s, when Mollie Orshansky, an economist at the Social Security Administration, came up with a measure based on how much money a family had to spend on …
This is guest post from Swampland contributor and TIME Washington correspondent Massimo Calabresi.
As Greeks decide the fate of Prime Minister George Papandreou around midnight Athens time tonight, it’s good to remind ourselves what our interest in this latest Balkan mess is: credit. Not the numeric version in your monthly …
The stumbling economic recovery has led many of us to rein in our expenses, even on necessities like diapers. But there are a few lucky sectors that benefit from a weak economy — things that let us escape, give us momentary …
