Private-equity firms, such as Blackstone, KKR and Carlyle, have bought thousands of companies over the past decade using mostly debt. In a new book, author Josh Kosman argues that these leveraged acquisitions will produce the next financial meltdown
Air France inaugurates its A380 service to JFK, complete with six bars, an onboard art gallery and in-flight live music. But has the economic crisis made the Airbus superjumbo a white elephant?
With all-you-can-eat and sometimes all-you-can-drink specials, more Americans are heading to restaurants for this mid-morning meal
With employment in double digits and a full recovery a way off, lawmakers are looking for ways to boost employment. It was easier in the early U.S.
Rapid growth in China's west is bringing new riches to its residents — and hope for the global economy
To combat recession, ad agencies are starting to develop and sell their own products
TIME.com's new site for latest in tech news, gadgets, gaming and nerd culture.
Get a sneak peek at Jingle Spells III, The Leaky Cauldron's annual holiday-themed wizard rock compilation.
The pace of existing-home sales was 10.1% higher in October than it was in September. That jump puts sales back where they were in February 2007 and is sure to bring renewed optimism.
The American Farm Bureau says that because prices have come down on certain foods, including turkey and milk, Thanksgiving dinner should be 4% cheaper than last year.
To battle the uncertainty, check out our five-part series on how to plan for retirement now.
Talking about the future of technology is a little like talking about the future of the future. Where do you start? Luckily, we had help from some of the smartest folks in tech — all previous TIME 100 honorees. Strap on your rocket pack and let's go
From a rocket of the future to a $10 million lightbulb, here are TIME's picks for the best new gadgets and breakthrough ideas of the year
The housing bust hasn't just brought down prices. Size is shrinking, too, as Gen Y homebuyers now call the tune
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A Brief History of White House State Dinners
Airline Bag Fees: As High as the Cost of a Seat?
Prehistoric Super-Crocodiles May Have Dined on Dinosaurs
Junior Eurovision: Schoolyard Crushes with Glitter
Can the A380 Bring the Party Back to the Skies?
Who Will Inherit Joel Stein's Kid?
Climate Central: Training Pilots to Land on Skis