Business

• Economy: Why Wall Street’s Unraveling

  How greed and fear collapsed the market's business model

• WOLFFE: 'The Palin Effect--in Reverse'

  By Richard Wolffe Call it the Palin effect in reverse. John McCain’s veep pick isn’t just firing up the GOP base with bigger crowds and more cash. Sarah Palin is having the same impact on the progressive base of the Democratic Party.Take a look at what’s happened to MoveOn.org, the signature online left-of-center group that marks its 10th anniversary this year. The group has added almost a million new members since 2007, many of them over the summer, to bring its total to 4.2 million – around the same size as the NRA on the right. Along with the new members, there has been a surge in donations allowing the group to double its advertising budget for the general election period to up to $7 million.“We’ve seen an increase in energy, particularly driven by the tightening of the race, but also by I think McCain’s choice of Palin,” says Eli Pariser who directs MoveOn. “That really sunk in for people that this would be another Bush-style presidency, both in terms of the cynicism of the...

• Careers: A Tough Job Market For Business School Grads

  What's a B-school grad to do when Wall Street stops hiring?

• Finally, a Compromise Bill on Drilling and Energy?

  Painfully high fuel costs push Congress into action at last.

• Buying Villas in Sicily

  To stimulate investment, a town in Sicily is giving its dilapidated buildings away.

• What Does the Financial Meltdown Mean for You?

  Insulating yourself from Wall Street's meltdown

• How Singh Blew India’s Moment

  The ruling Congress Party failed to capitalize on an unprecedented boom and a sweet nuclear deal.

• Business Book Reviews

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• Liberal Arts Courses are Blooming Abroad

  Thanks to developing economies, liberal-arts courses are blooming in the developing world.

• Exelon's John Rowe Looks to the Future

  A leading utility executive looks to the future.

• Going Green Means Staying Profitable for Companies

  Any company with an extensive supply chain has to reduce its carbon footprint. In an era of high oil prices, doing good now means doing well at the same time.

• Lehman: Why Some Banks Don't Get Aid

  Why some financial institutions are more likely to be helped than others.

• The Financial Impact of Tom Brady’s Injury

  When Tom Brady crumpled to the turf, the Patriots lost a quarterback. But the NFL may have lost millions.

• Foreign schools are hiring presidents from abroad

  Foreign universities are now starting to look beyond their borders when it comes time to hire a new boss.

• How Kansas City's BATS Has Taken on Wall Street

  A tiny Kansas City start-up now handles 10 percent of all U.S. stock trades. How BATS took on Wall Street to shake up the financial establishment.

• Luxury Spas in Bordeaux and Wine Country

  They say the sap from grapevines has magical properties in Bordeaux. "The vine is crying," says Mathilde Thomas, estate owner and pioneer of what she calls vinotherapy, the use of grapes and vines in skin care. "But these precious teardrops are enough to put a smile on any woman's face."Grape skins and seeds have long been known to possess antioxidant powers. Thomas and her husband, who own the Château Smith Haut Lafitte estate outside Bordeaux, joined forces with a local pharmacology professor to figure out a way to harness their fragile polyphenols for cosmetic purposes. Today, at their Caudalie Vinothérapie Spa in Bordeaux-Martillac, guests can enjoy the barrel bath treatment, in which bubbling hot spring water is enriched with superfine pieces of grape skin; the honey and wine wrap, or the crushed Cabernet scrub (caudalie.com). There are also Caudalie spas in Italy's Piemonte region and Spain's Rioja valley. Next month, New York's Plaza Hotel will open a center where guests will...

• The letter X is making its mark on fashion.

  Integral to algebra and pirate maps, the letter X is making its mark on fashion. Often a symbol for the unknown, it's hard to miss when beige strips crisscross at the waist of a black bandage dress from Hervé Léger by Max Azria ($1,250; intermix online.com). Black lines intersect at the midsection of a cap-sleeved olive green dress by Chanel ($8,010; chanel.com for locations). Bust lines also feature the X factor; thick black straps overlay the décolletage of a red cocktail dress by Zero + Maria Cornejo ($573; zeromariacornejo .com). For those who don't want to cross their hearts, Kara Ross's X-shaped bangle is plated with 18-karat gold and has a tiger's eye ($215; vivre.com). Miniature gold X's surround a Van Cleef & Arpels onyx cuff from the 1970s, rendering the one-of-a-kind piece both vintage and ahead of its time ($68,000; kentshire.com). There's even an invisible way to wear the trend: patchouli, rhubarb and jasmine are some of the 14 notes in Clive Christian's X perfume (...

• Housing: Opportunities Created by a Bust

  A new book examines the opportunities that lie in the housing crisis.

• Economy: Why the World Still Needs Us

  Why the global economy can't power on as the U.S. stalls

• Mexican Billionaire Buys 6.4% of NY Times Co.

  Mexican telecommunications tycoon Carlos Slim Helú has purchased a 6.4 percent stake of the New York Times Co.

• Online: Video E-cards--For a Price

  SpiritClips is betting that there is money to be made in merging quality original video with online greeting cards.

• The Real Aim of Fannie Mae, Freddie Mac Bailout

  The real benefit of the Fannie/Freddie bailout is overseas

• Fashion: Return of the '90s Supermodel

  In lean economic times, familiar supermodels of the '90s are resurfacing in elite fashion advertising.

• Quinn: How to Finance College Education

  One strategy is to look for 'merit aid,' tuition discounts awarded without regard to financial need.

• Energy Q&A Climate-Exchange Founder Richard Sandor

  The founder of the world's first carbon-offsets exchange would like to clear the air.

• Robert Samuelson on the Health-Care Surprise

  It's not about coverage. It's about costs.

• How the Detroit Mayor's Fall Hurts Obama

  How the Detroit mayor's fall hurts Obama.

• The Bad News About Falling Oil Prices

  If commodity prices are dropping, how come inflation might be getting worse?

• Samuelson: America's Economic Report Card

  Are Americans really better or worse off?

• Economics: Can the U.S. Survive Globalization?

  Newsweek's Business Roundtable looks at the two faces of globalization, and whether the U.S. can stay ahead.

• Free Trade: Is Globalization Hurting the U.S?

  Free trade used to seem like a good thing for U.S. businesses and consumers. Now we're not so sure.

• Dan Gross: Is $250,000 a Middle-Class Salary?

  Can you be middle-class and earn $250,000?

• Real Estate: Finding a Home Using a Cell Phone

  Using a cell phone to find your dream home.

• Autos: Doing Away With Hood Ornaments

  Why hood ornaments are becoming things of the past.

• Olympics: China's Gold Medal Count

  Did economists correctly predict who would win at the Beijing Olympics?

• The Rise of Fantasy Politics

  Obama and McCain have each taken symbolic steps to suggest that they've made tough budget choices. Don't believe them.

• Georgia Conflict Threatens European Energy Supply

  Oil and gas traveling through Georgia was supposed to free Europe from Russia. Not anymore.

• Cold Cash, Not Cold War

  How Russia's new economic ties to the West diminish the possibility of a violent confrontation with the U.S.

• Samuelson: China to Overtake U.S. Economy

  Will its takeover over the U.S. economy really matter?

• Are Homeowners in Denial About Realty Value?

  Homeowners are optimistic, but the forecasts are bleak.

• Technology: Corporate Videogames

  Using videogames to train younger workers.

• Sovereign Wealth Funds Can Help America

  Priority must now be given to expanding free trade and cross-border capital flows in the face of greater regulation.

• Samuelson: Reality Check on Campaign Energy Plans

  Judged by their rhetoric, you might think McCain and Obama differ dramatically on energy. But their agendas overlap substantially.

• The Revolution in College Financial Aid

  And now all the richest American universities are rethinking financial aid.

• Olympics: Can China Dominate the Beijing Games?

  Why economists think it can dominate the games

• The 'Big Sort': The New Segregation?

  Passionate partisanship is causing Americans to self-segregate into lifestyle ghettos.

• Election: Wal-Mart's Attempt to Influence Politics

  Wal-Mart's campaign to influence the election.

• Driving Forces: Can You Give Up Your Car?

  New auto-sharing services bet that you can

• The (Mostly) Charmed Life of Steve Rattner

  Financier and Democratic moneyman Steve Rattner seems to have it all. Looks can be deceiving.

• Jane Bryant Quinn: Emerging Markets Are a Must

  These aren't the same economies that went through the wringer a decade ago. They're countries with booming growth.

• Gross: How Hudson City Dodged the Banking Crisis

  Because of its geographic and cultural distance from Manhattan, the bridge-and-tunnel bank has thrived.

• Jobs: How to Avoid Becoming a Labor Statistic

  What you can do to find a new job or avoid the ranks of the unemployed.

• Inside Bennigan's Bankruptcy Filing

  Bennigan's restaurants fall victim to American belt-tightening.

• Why the Government Wants You To Drive More

  Why the government is spending $100 billion a year to get you to drive more.

• Real Estate: The Bushes' House Hunt in Dallas

  Where and what the Bushes may buy in Dallas.