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...credit-card regulations, widely known as the CARD Act, could tilt the priorities of borrowers even more toward credit cards. Lenders used to be able to cancel a customer's credit card if they defaulted on their mortgage. Now, under the act, lenders are not allowed to raise the rate or revoke a card unless the cardholder is late in paying that card...

Author: /time Magazine | Title: Strapped Consumers Paying Credit-Card Bills Before Mortgages | 3/2/2010 | See Source »

...recovery from recession has been fragile and slow - the bloc is only forecast to grow by an anemic 0.7% this year. José Manuel Barroso, the European Commission President, warns that Europe risks a "lost decade" of stagnation and decline if it does not act boldly now to modernize its model of socially inclusive capitalism. The Europe 2020 plan focuses on honing the E.U.'s technological edge, especially in green industries, and on improving higher education. And it sets key targets for E.U. member states, including raising the overall employment rate from 69% to 75%, boosting investment in research...

Author: /time Magazine | Title: Europe's New Economic Strategy: A Miracle Cure? | 3/2/2010 | See Source »

Additionally, Salter has only minimal chemistry with the other actors. The scenes in which she and Dirden act as a supposedly “in-love” couple are awkward, and their physical contact is forced and unnatural. The only actors with whom she sparks are Wright and Jones; still, her overbearing presence feels out of place in this particular play...

Author: By Araba A. Appiagyei-Dankah, CONTRIBUTING WRITER | Title: HTC's 'Stick' Flies in the Face of Racism | 3/2/2010 | See Source »

...Maine Republican Susan Collins had walked out of talks with Senate majority leader Harry Reid over the bill's price tag. Worried that Reid was trying to trick her into agreeing to a costlier bill, she agreed to return to the talks only after Lieberman was brought in to act as an honest broker...

Author: /time Magazine | Title: Can the Democrats Forgive Joe Lieberman? | 3/1/2010 | See Source »

...that Obama's margin in the Senate is narrower, the White House can't afford to take offense. Besides, on gays in the military, Lieberman is true blue: he has opposed the 1993 ban since its inception and sees lifting it as part of the next act in his 50-year role in the civil rights movement. It is also a way to bring people on the outside in, something Lieberman knows more about now than ever before...

Author: /time Magazine | Title: Can the Democrats Forgive Joe Lieberman? | 3/1/2010 | See Source »

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