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Since Geithner certainly has an office at his Fed job, he can't claim his home as a place of business. But if he telecommuted, he could write off a portion of the cost of his computer and other gear needed to run the largest branch of our nation's bank from home. To get the deduction, though, Geithner, on the basis of his salary, would have had to spend at least $8,000 on home office equipment. But that shouldn't be too tough. If you are the head of the New York Fed, a 73-in. high-definition...

Author: /time Magazine | Title: Tax Tips for Timothy Geithner | 1/21/2009 | See Source »

...Lugar, 76, is a paragon of bipartisan collegiality, renowned for vigorously pursuing the Senate's mandate to oversee the workings of the Executive Branch, even when his own party has been in power. (He was one of the more openly skeptical Republican voices on Capitol Hill regarding the Bush Administration's plans for post-war Iraq, and was an early and influential voice in planning a troop drawdown.) Lugar raised his concerns while assuring Clinton of his enthusiastic support for her confirmation - though he publicly warned his old friend from the Senate of a potential pitfall on her path...

Author: /time Magazine | Title: A Blip in Hillary Clinton's Senate Lovefest: Bill's Donations | 1/14/2009 | See Source »

Since 2008 Grameen has collected 1,700 borrowers in New York City, and last June it opened a second branch in Omaha, Neb. Other cities in its sights include San Francisco, Boston and Charlotte, N.C. - anywhere local businesspeople raise seed capital and a bank will host low-cost savings accounts for borrowers with just a few dollars, since savings are a key part of the Grameen philosophy. "There are whole populations that aren't being reached by the banking sector," says Bob Annibale, director of microfinance at Citibank, which partners with Grameen in New York. Like other financial giants, Citi...

Author: /time Magazine | Title: Can Microfinance Make It in America? | 1/11/2009 | See Source »

...Crimson’s feat is made even more remarkable by the fact that many of the Harvard swimmers were racing in “off-events,” ones that they normally do not compete in.“It was good to be able to branch out from what we’ve all been normally swimming,” senior Bill Jones said.Jones, who usually swims the 100- and 200-yard butterfly, was one of the Crimson’s two swimmers placing first in more than one individual event. Jones captured his signature 100-yard...

Author: By Alexandra J. Mihalek, CRIMSON STAFF WRITER | Title: Harvard Remains Perfect Against Quakers | 1/11/2009 | See Source »

Health officials have been tracking the strain in question since the last flu season, when the CDC reported that 11% of flu cases were resistant to Tamiflu. According to Dr. Joseph Bresee, chief of the epidemiology and prevention branch of the CDC's influenza division, experts believe the resistant strain is the result of a spontaneous mutation in the influenza virus genome and not the result of overuse of antimicrobial agents like Tamiflu to treat the infection. That's based on the fact that during the last flu season, the resistant strain was widespread in countries with low Tamiflu...

Author: /time Magazine | Title: What You Need to Know About Drug-Resistant Flu | 1/9/2009 | See Source »

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