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And what about that higher cost of local goods? After all, big-box stores got to be big because their prices are low. Susan Witt says that the difference falls away once you consider the increase in local employment as well as the relationships that grow when people buy from...

Author: /time Magazine | Title: Buying Local: How It Boosts the Economy | 6/11/2009 | See Source »

In turbulent times, instrument valuations have very little correlation with indexes like the S&P 500. That's valuable for anyone looking to hedge against the rampant swings of the stock market. In a recent study in the international journal Pensions, R.A.J. Campbell suggests that pension funds consider adding top...

Author: /time Magazine | Title: String Theory: Investing in High-End Violins | 6/10/2009 | See Source »

The House leaders note that the typical cost of coverage for a family living at 400% of the poverty level is 14% of their income - an amount that health-care experts do not consider to be onerous. Though not spelled out at this point, the bill will include "hardship" exemptions...

Author: /time Magazine | Title: The House's Surprisingly Moderate Health-Care Plan | 6/10/2009 | See Source »

Hizballah's success has won it support from many sides: its reputation as the most successful anti-Israeli military group in the Middle East has won support from Arab nationalists and the backing of Iran and Syria. Meanwhile, many Lebanese Shi'as revere Hizballah for its social and educational-development...

Author: /time Magazine | Title: Hizballah | 6/8/2009 | See Source »

The bad blood between Hizballah and the government has continued in the runup to the 2009 election. A 2008 dispute over accusations that Hizballah was using its telecommunications systems for terrorist purposes led to deadly brawls and riots in the street. And while both groups seem poised to continue in...

Author: /time Magazine | Title: Hizballah | 6/8/2009 | See Source »

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