Wednesday, October 29, 2008

TIME Daily News 24/7

Today's Top Stories

Emerging Economies Hit Hard by the Financial Crisis

By BILL POWELL

Hopes that robust growth in emerging markets would counteract the financial meltdown appear to be dashed as the contagion chokes their economies

Plunge in Consumer Confidence, but the Stock Market Soars

By ALEX ALTMAN

Battered by declining equity markets and a gloomy long-term economic forecast, U.S. consumer confidence plummeted to its lowest level on record

Can an Army General Whip NBA Refs into Shape?

By SEAN GREGORY

When the league announced it was putting a retired Army general in charge of training its referees, jokes started flying. But the challenges facing Ronald Johnson are nothing to laugh about

LinkedIn, the Networking Site That Likes a Bad Economy

By JOSH QUITTNER

The tanking economy is bad for employment. Ergo, it's good for LinkedIn.

"Foxy" Amanda Knox to Stand Trial in Italian Murder Case

By JEFF ISRAELY

Knox and boyfriend Raffaele Sollecito to face their accusers in December, after third accused Guede found guilty

TIME Blogs

Swampland

By Ana Marie Cox

The next leader of the GOP is likely to be rather obscure, if only because no one who's popular right now is, well popular right now.

Special Package

Top 10 Shameless Sarah Spoofs

How on earth did YouTube get by before Alaska Governor Sarah Palin was tapped as the Republican vice-presidential candidate? TIME surveys the cream of the crop

Quotes of the Day

"If you just have a plastic bag and a packet of tissues, that will make a big difference."
A JAPANESE GOVERNMENT REPORT,
issued Oct. 28, stating the biggest challenge facing Tokyo residents after its next catastrophic earthquake will be the city's acute lack of public toilets
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Postcard from...

New Delhi

Recession? Not in New Delhi's Luxury Stores

By Jyoti Thottam

The wealth of India's capital is built on a still booming traditional economy, not the diving stock market. And much of it based on cash not credit

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