Rana Foroohar

Rana Foroohar is TIME's assistant managing editor in charge of economics and business.

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Why the Euro Crisis Proves Stocks Are the New Bonds

Daniel Roland / Getty Images

Woe to the unfortunate souls still exposed to European debt. The smart money (read: people like Warren Buffett and the world’s more successful hedge funders) got out of it a year and a half ago. It almost doesn’t matter whether EU leaders will be able to create a much larger bailout fund cobbled together from [...]

Obama’s Jobs Plan: Will it be Enough to Revive the Economy?

Kevin Lamarque / Reuters

President Obama’s jobs plan, which he outlined Thursday night in a televised speech to the nation, is more ambitious than many people might have predicted. It’s a $447 billion package including lots of tax cuts and some serious infrastructure spending, on things like rehabbing schools and rebuilding America’s decaying transport system. The question is whether [...]