Time Magazine unveiled its 2017 Person of the Year on Wednesday. This is the year of "The Silence Breakers," which are the voices that launched a moment. Time Assistant Managing Editor Claire Howorth explains what went into making this issue.
When looking at impact and influence this year, Howorth explains, people are thinking about current conversation around women and men, and the legislative changes in the pipeline. "I think we are very at the tip of the iceberg," she says. "This is just the beginning."
In November, President Trump tweeted that Time Magazine got in touch with him, saying he'd probably be named Person of the Year. He famously tweeted, "I would have to agree to an interview and a major photo shoot. I said probably is no good and took a pass." Howorth says the tweet was incorrect. But Time Magazine does say Trump was on the short list for the cover.
Wealthy individuals and industry leaders are driving soaring sports team valuations, fueled by private equity and growing interest in leagues like the WNBA.
The incoming Fed decision will likely be good news for consumers with high-yield saving options, but bad news for borrowers (like anyone with high credit debt).
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Inflation is still high, and economic activity is starting to slow down. But before you start to panic about stagflation, wait to see this week’s jobs report.
