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...majority of the unbanked are American born. What these two groups have in common is low incomes, so they often may not have the minimum balance required at many banks to open a regular checking or savings account. Some people also lack the proper identification, like a tax ID or Social Security number, required to open an account, or have bounced too many checks in the past. Without a bank to cash their checks--a service generally free to account holders--the unbanked rely on check cashers, which charge up to 10% for a handwritten check. Despite decades of criticism...

Author: /time Magazine | Title: Profiting from the Unbanked | 8/16/2007 | See Source »

...these cross-cultural matings warble. Philippe Claudel's pale meditation on the emptiness of suburbia is no match for Sarajevo-born American Aleksandar Hemon's moving account of an immigrant door-to-door salesman working the Chicago suburbs. France's Lydie Salvayre spins a ho-hum tale of a man with an untamable cowlick, and Rikki Ducornet responds with a limp portrait of the aging French cancan dancer La Goulue. But then, all of the writers in As You Were Saying (and their translators) contributed their services without pay. It is easy to imagine that some of the stories were...

Author: /time Magazine | Title: Surrealist Pen Pals | 8/9/2007 | See Source »

...just didn't happen. Antonioni had an answer for that too: "In certain moments, life has different rhythms. At times it's dynamic, at other times static. So why should we avoid the static moments to concern ourselves only with the dynamic ones? If a film is to take account of reality... it must also consider the rhythm of this reality." In other words, he was just being a realist. Or a neo-neo-realist...

Author: /time Magazine | Title: When Antonioni Blew Up the Movies | 8/5/2007 | See Source »

According to co-author and Harvard Professor of Medical Sociology Nicholas A. Christakis, the data suggest a need to revise upwards efficacy estimates of public health interventions to account for reverberating effects through social networks...

Author: By Clifford M. Marks, CRIMSON STAFF WRITER | Title: Study: Weight Gain Most Prevalent Among Fat Friends | 8/3/2007 | See Source »

Happily, that isn't yet the case. For while the study can explain some friendships--the cast of The Facts of Life, for instance, or the together-through-thin-and-thinner bond of Paris & Nicole--it doesn't account for so many of history's finest partnerships: Laurel & Hardy, Skipper & Gilligan, Abbott & Costello, Siskel & Ebert, and those most enduring of all buddies, Ernie & Bert...

Author: /time Magazine | Title: How Friends Make You Fat | 8/2/2007 | See Source »

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