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...young did fill two slots, with a brace of movies that should duke it out for Best Picture: the Anglo-Indian Slumdog Millionaire, with 10 nominations, and the all-Hollywood The Curious Case of Benjamin Button, with 13. One film cost $15 million, the other 10 times that. Slumdog is about kids who grow into teenagers amid the civil and class chaos of modern Mumbai; Benjamin Button, about someone (Brad Pitt, no less) who's born an old man and ages backward, reaching adolescence when most people are hitting senility. Both pictures have social agendas, but they are more vigorous...

Author: /time Magazine | Title: Oscar Wrap: Slumdog and the Old Dogs | 1/22/2009 | See Source »

...renter, you might want to think about one other option: homeownership. "Prices have come down in some areas so much, renters can even start considering buying," says Gleb Nechayev, a senior economist at Torto Wheaton. He looked across markets at the average monthly cost of buying a condominium, assuming a 20% downpayment and annual fees of 1.5%. Even after adding in interest on the loan, buying an apartment in certain markets - including Las Vegas; San Diego; Orlando, Fla.; Sacramento; and Fort Lauderdale, Fla. - came out to be cheaper than the average rent price. In West Palm Beach, Fla., buying cost...

Author: /time Magazine | Title: Bright Spot in the Housing Crash: Cheaper Rents | 1/22/2009 | See Source »

...Another underutilized energy-efficiency tip: for new construction, orienting buildings correctly and optimizing window locations can cut energy use by a quarter or more. These are savings from Day One - and at no extra cost. Dave Deppen, San Rafael, Calif...

Author: /time Magazine | Title: Inbox | 1/22/2009 | See Source »

...several of the years in question, or by his accountant. Among Geithner's missteps: he claimed that payments made for summer camp for his children were tax deductible because they qualified as dependent-care. But the dependent-care credit is aimed at helping middle-class working parents afford the cost of daily child care, not at helping pay for expensive retreats. An accountant told Geithner in 2006 that overnight camps were not eligible for a tax break, according to the Senate Finance Committee report. Still, Geithner failed to file amended tax returns and pay his back taxes until shortly before...

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

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 »

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