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A 27 storey skyscraper being built in Mumbai by Mukesh Ambani, the richest person in India, could be the world's largest and costliest home with a price tag nearing two billion dollar, according to Forbes magazine. When the Ambani residence is finished in January, completing a four year process, it will be 550 feet high with 4,000,000 square feet of interior space. Mukesh Ambani was ranked as the fifth richest person in the world with a net worth of 43 billion dollars. Ambani heads India's most valuable firm Reliance Industries, an oil and petrochemicals giant.

It's been approximately three months since we first profiled Dussault Inc. (DUSS). During that time the company has been relatively quiet on all fronts but now it looks like things are heating up. On Monday DUSS announced that the Dussault Apparel line is now available in 10 new locations in Canada and the US (press release). In the US, the company's clothing line is now available at Balys in Los Angeles, CA, and at New York Moon, Grand Junction, Colorado. In Canada, the lines are now available in Vancouver, BC, at two Mens Club stores, (Metrotown and Park Royal Shopping Centres), at Club Annex, and at three Below The Belt locations (Robson Street, Richmond and Metrotown); in Nanaimo, BC, in Styles Clothing; and in Edmonton, Alberta, at Queue and Sofa.

If you wander into any of China's five floored bookstores, the first thing you'll notice right when you enter the store won't be the newest hardcovered fictions. It'll be management books written by successful American businessmen. On shelf after shelf, you could see copies of Jim Collins's "Good to Great," Jack Welch's "Straight From the Gut," Tom Peters's "Re-Imagine!" and just about everything the late Peter Drucker ever wrote. One section you won't find in Chinese bookstores is a section for management or human resources. There's a good reason for this. In the West (not to mention Japan and South Korea) management skills are a given. Graduate schools of management churn out M.B.A.'s, while instilling the basic processes and systems that virtually all multinational companies rely on. People who rise to the top of companies are the ones who have mastered the art of management. But there are also many first-rate managers who populate the middle ranks of companies. They are the lifeblood of most big companies.

High school seniors, on average, answered correctly only 48.3% of questions about personal finance and economics, according to a nationwide survey released Wednesday by the Federal Reserve. That was even lower than the 52.4% in the previous survey in 2006 and marked the worst score out of the six surveys conducted so far. College students' financial literacy also was tested this year. They answered 62% of the questions correctly. Fed Chairman Ben Bernanke stressed in a speech that young people must sharpen their financial knowledge so they are in a better position to make sound investment decisions throughout their lives.

Lawmakers from California to Kentucky are trying to save money with a drastic and potentially dangerous budget-cutting proposal: releasing tens of thousands of convicts from prison, including drug addicts, thieves and even violent criminals. Officials acknowledge that the idea carries risks, but they say they have no choice because of huge budget gaps brought on by the slumping economy. At least eight states are considering freeing inmates or sending some convicts to rehabilitation programs instead of prison. If adopted, the early release programs could save an estimated $450 million in California and Kentucky alone. A Rhode Island proposal would allow inmates to deduct up to 12 days from their sentence for every month they follow rules and work in prison. Even some violent offenders would be eligible but not those serving life sentences.

Talk of a recession and creeping unemployment rates are enough to make you wonder: Where can you find stability in unstable times? No matter what field you work in, you have the possibility of losing your job. But there are things you can do to protect yourself and increase your odds of getting another job, just in case. Kiplinger magazine consulted career experts and combed through job trend data to come up with five industries that should provide safer havens to workers, no matter what the economy is doing.

Dysfunctional capital markets, frantic central banks, stressed out consumers, fear and uncertainty. All these are alarming echoes of the global economic cataclysm of the 1930s. Which raises the inevitable question: Could another Great Depression be lurking over the horizon?

Times are bleak for the U.S. consumer. The average household owes 20% more than it makes each year. The personal savings rate is in negative territory. Record numbers of Americans are losing their homes to foreclosure, and millions more are struggling to keep up with their monthly bills and obligations. And the nation's economy isn't in much better shape. The government's new stimulus plan will give Americans some cold hard cash and they are counting on recipients not to save it or put it toward debt. The goal is to have Americans do what we've done best over the past 30 years: spend it. Newsweek's Jennifer Barrett spoke with author Stuart Vyse about the wisdom of such a stimulus plan and why it's getting harder for so many Americans to stay afloat.

One of the long standing lessons of investing is that history always repeats itself. Being able to identify the second coming of a successful company makes the difference between sub par returns and what we call home run portfolio makers. However, the problem with this theme is that most ideas turn out to be pretenders that are NOT able to substantiate their claims.

Far from the housing crisis' epicenter, high earners with good credit may be heading for trouble as their adjustable rate mortgages (ARMs) adjust beyond their means, local real estate agents and others say. In a normal housing market they'd be able to sell, but now they are stuck. The next wave of problems will come from prime borrowers who bought too much house or borrowed too much against it. A "prime" borrower is one with good credit.