Times New Roman may well be the most widely used typeface in the world. It is certainly the most common choice for body text, which is what it was designed for. Times New Roman is always a safe choice for the text of any report, newsletter, brochure, or publication. The Bold weight, which is not just a thickened version of the Regular, works well in headlines. The Italic serves well as a companion to the upright letters. When set in all capital letters, Times New Roman looks best with a little expanded space between the letters.
Times New Roman was designed for newspapers: specifically, as the new typeface for the Times of London, where it debuted in 1932. The typeface was designed by Victor Lardent, under the direction of typographic adviser Stanley Morison, and soon published for general commercial use. Microsoft has refined it as a computer typeface with careful adjustments to make it very readable onscreen.