Billionaire Paul Allen's foundation is funding a new type of evacuation "cocoon" to help fly sick medical workers from West Africa
If you can't beat them, avoid them.
The Pentagon commits to planning for higher temperatures, and retired generals line up to help
Mobile food startups are moving beyond delivery into food prep
Cities relax or abandon purchasing restrictions in a bid to avoid more serious downturn
Ministry of Supply’s Aviator jacket combines the structure of a tailored garment with the functionality of a windbreaker
The Department of Education may double the number of debt collectors who go after defaulted federal student loans
This year's must-have Silicon Valley office accessory: a $199 bear costume
Budget balance: -2.0%
Current account: 2.8%
Sovereign credit rating: BB-/Stable
Stock market: -48.3%
How to stop the stock market rout? In Indonesia, the answer is easy: Close the market. Officials halted trading in Jakarta on Oct. 8 after Indonesian shares fell by 21% in thee days. Trading has yet to resume. The country is hurting because investors are hypersensitive to risk, leaving emerging markets such as Indonesia especially vulnerable. Indonesia also continues to suffer from its reputation as a basket-case economy in the 1997 Asian financial crisis. Still, Ai-Ling Ngiam, an analyst in Singapore with Fitch Ratings, says Indonesia has made a lot of progress since then: External debt is just 30% of GDP, compared with 158% in 1997. She also says Indonesia's banks are healthier than Iceland's, and the government has a $57 billion in foreign currency reserves to use in case of emergency.