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Texas Braces for an Oil Bust
The oil and gas industry accounts for almost 16% of the Texas GDP — and that means any slowdown in that sector will have a ripple effect on the state's economy
While They Wait for a Bailout, Big Three Woes Mount
The automakers announce plant shut-downs and production cuts as their situation grows desperate
As Zimbabweans Starve, Mugabe Holds a Feast
The sumptuous menu for the four-day conference of the ruling party stands in stark contrast to the famine and disease stalking the land
Another Day, Another Presser
The president-elect will hold his fifth press availability this week Friday to announce more administration picks. Get details on The Page
What's Behind Obama's Rightward Outreach?
It's hard to pick up a paper these days without reading about Barack Obama courting the right. If Obama is not actually getting advice from these figures, why's he calling them?
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Swampland
I am not a big fan of Rick Warren's. He thinks I'm going to hell. He said so in mixed company, at an Aspen Institute forum.
Special Package
Person of the Year 2008
For having the confidence to sketch an ambitious future in a gloomy hour, and for showing the competence that makes Americans hopeful he might pull it off, the President-elect is TIME's Person of the Year.
Quotes of the Day
Navy commander of the U.S. Pacific command, claiming that reclusive North Korean leader Kim Jong-Il is alive and in control of his country despite reports that he is ailing
Postcard from...
Moscow
Gloom Time for Moscow's Millionaires
At the annual Millionaire Fair, there are signs that Russia's richest are feeling the pinch
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