COVER
Kate Winslet's Moment (Profile)
Intense, ambitious and only slightly panicked, Kate Winslet is the finest actress of her generation
UNITED STATES
Obama's Rx For the Budget
The President wants to show that he can get the deficit under control. Why a new approach to health — care costs could be the answer
ASIA
The Tigers' Last Days
In Sri Lanka, thousands of Tamils have been displaced, as the long struggle against a separatist group enters its decisive phase
Crunch Time
With the Japanese economy in free fall, the country's leaders are facing monumental challenges. They may not be up to the task
MEDIA
How to Save Your Newspaper
It's now or never for America's dailies. A former Time managing editor offers a way to return journalism to prosperity: charge for it, a nickel at a time
A Positive Story (Asian Newspaper)
Despite the challenge of the Web, newspapers are still thriving in Asia. Here's why
LIFE
Bunking In With Mom And Dad (Social Norms)
A recession leads to more middle-aged boomerangers
GLOBAL BUSINESS
Room Boom (Hotel)
Why an ugly recession isn't stopping Shangri-La from building a global luxury-hotel brand