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...Arne Duncan (whose first name is pronounced Are-knee) can be found playing in three-on-three street-ball tournaments across the nation. On a muggy, overcast Saturday in late July, while 50 Cent's "I Get Money" blares from a set of speakers, the former head of the Chicago Public Schools pounds the blacktop, alternating between playing intensely and walking off to take calls on his BlackBerry. Almost none of the other ballers know who the white dude with the salt-and-pepper hair is, and even fewer expect him to last long in the tournament...

Author: /time Magazine | Title: Can Arne Duncan (And $5 Billion) Fix America's Schools? | 9/14/2009 | See Source »

Duncan, 44, is no stranger to occasional discomfort. He grew up in Hyde Park--the tony South Side enclave that's home to the University of Chicago--but played a lot of basketball in one of the rougher neighborhoods nearby. Often the only white player on the court, he became adept at figuring out when to be aggressive and when to hang back. In the early 1960s, Duncan's mother started an after-school tutoring program in an inner-city neighborhood following her discovery that few of the 9-year-olds in her Bible-study class could read. "In Chicago...

Author: /time Magazine | Title: Can Arne Duncan (And $5 Billion) Fix America's Schools? | 9/14/2009 | See Source »

...market recovery built on a good foundation, or are we looking at a house of cards? One clue lies in the Chicago Board Options Exchange Volatility Index, more commonly known...

Author: /time Magazine | Title: Stock Volatility Is Down. But Is That Good News? | 9/11/2009 | See Source »

Officer, a regular contributor to TIME.com, is director of automated trading and analytics at Traditum LLC, a Chicago-based proprietary trading firm...

Author: /time Magazine | Title: Stock Volatility Is Down. But Is That Good News? | 9/11/2009 | See Source »

...kind of message Obama has delivered many times before - as a state legislator from Chicago, as an embattled presidential candidate and as a victorious newly elected President. The question this time is: will sweeping oratory still carry the day, or has the public tired on the balm of powerful rhetoric in difficult times...

Author: /time Magazine | Title: Amid Signs of Movement on Health Care, Obama Readies His Speech | 9/8/2009 | See Source »

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