Final answer:
Time was the first weekly news magazine in the U.S., setting a trend followed by Newsweek and U.S. News & World Report.
Explanation:
Time was the nation's first weekly news magazine, founded in 1923 with a focus on world news. It introduced a signature style of presenting well-researched news in a succinct manner that contributed to its eventual success.
Other newsmagazines such as Newsweek and U.S. News & World Report have also established themselves in the industry and continue to be leading weekly newsmagazines in the U.S.
Learn more about History of Weekly News Magazines here:
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