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...Later, Snow used a televised briefing to walk a cautious line of taking credit while preparing the public for future trials. "We saw scenes of celebration in Iraq. Does this mean that happy days are here again? Of course not," he said. But Snow suggested that Zarqawi's death was "a blow to the morale of the other side" and might send a helpful message within Iraq. "We have been crushing the opposition," he said, "but what happens is, the opposition's been controlling the airwaves with scattered, fragmentary acts of violence. In this...

Author: /time Magazine | Title: Will Zarqawi's Death Mark a Turnaround for Bush? | 6/8/2006 | See Source »

...borrow money. Technically, the Fed only controls the interest rate between banks lending each other money over night (currently, it's 5%), but that trickles down to the consumer. The cost of buying a house or a car goes up, as does the price you pay for carrying a credit card balance from one month to the next. For example, thanks largely to Fed hikes, the average interest rate for a 30-year mortgage currently stands at 6.6%, according to Freddie Mac, up from 5.7% this time last year. Folks who have adjustable-rate mortgages tend to be especially hard...

Author: /time Magazine | Title: Bernanke Learns the Perils of Honesty | 6/7/2006 | See Source »

...Harvard’s strength in fundraising has to do with the fundamental importance of its mission and the excitement of the programs that it undertakes.”The University administration acknowledges the importance of sticking to Summers’ talking points, though Rapier also gives some credit to others for those ideas. “A number of alumni, as you likely know from reading various published editorials, have expressed dissatisfaction with President Summers’s resignation,” says Rapier. “We have assured our community, however, that President Summers?...

Author: By Reed B. Rayman, CRIMSON STAFF WRITER | Title: Post-Summers, Large Gifts in Limbo | 6/7/2006 | See Source »

...safeguards for transgender students and staff.The resolution passed 33 to zero. Two days later, Harvard announced that it had amended its policy.Both the co-ed rooming and the gender identity initiatives “were things that I worked on but by no means that I deserve all the credit for,” Kouskalis writes in an e-mail. The Bisexual, Gay, Lesbian, Transgender, and Supporters Alliance pushed hard for the rooming reform, and the nine-year-old Trans Task Force lobbied for the “gender identity” clause.But his blockmate, UC President John S. Haddock...

Author: By Doris A. Hernandez, CRIMSON STAFF WRITER | Title: Big Men on Campus | 6/7/2006 | See Source »

...absence of NKT cells, we couldn’t induce asthma. We thought it had to be looked at in humans. We found that there are a large number of these NKT cells in the lungs of patients with severe asthma.”Umetsu and Akbari credit new technologies—such as monoclonal antibodies that can identify specific types of cells—for enabling their discovery.“The tools were not really available until a couple of years ago,” Akbari says.Umetsu says that a better understanding of the cause of asthma might...

Author: By Laurence H. M. holland, CRIMSON STAFF WRITER | Title: Revolution in the Labs | 6/7/2006 | See Source »

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