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...surprise of the memorial organizers, the children took front-row seats at an event broadcast live on every major network as well as around the world. And Paris' words made it abundantly clear that Jackson - a controversial subject in life and in death - was also someone's beloved father. (Hear TIME's top 10 Michael Jackson songs...

Author: /time Magazine | Title: Paris Jackson's Heartfelt Goodbye | 7/8/2009 | See Source »

...husband's job loss is a family event that affects everyone - especially spouses, according to Alan Pickman, a psychologist and outplacement specialist with Lee Hecht Harrison as well as the author of The Complete Guide to Outplacement Counseling. While both the husband and wife may struggle with new financial fears and feelings of anger and betrayal, "the spouse's response may be even more intense than it was for the individual male who lost his job," says Pickman. Most experts agree that may be because wives feel powerless - both about the job loss as well as the family's future...

Author: /time Magazine | Title: As Men's Job Losses Mount, Wives Feel the Impact | 7/8/2009 | See Source »

...presidency rotates each year among the members (a new term begins on January 1) with that country responsible for planning and hosting some lower-level meetings, which serve as the build-up to the mid-year three-day event attended by the major players. As this year's G-8 president, Italian Prime Minister Silvio Berlusconi has the honor of hosting Canada's Prime Minister Stephen Harper, France's President Nicolas Sarkozy, Germany's Chancellor Angela Merkel, Japan's Prime Minister Taro Aso, Russia's President Dimitri Medvedev, U.K.'s Prime Minister Gordon Brown and the U.S.'s President Barack...

Author: /time Magazine | Title: The G-8 | 7/8/2009 | See Source »

Data from the new paper also point to the likelihood of mass walk-aways being a highly localized event. Sapienza and her colleagues plotted data on late mortgage payments and home-price declines and found very little relationship between the two when house prices in a metropolitan area had dropped less than 20% from their peak. However, once prices had fallen more than 20%, a disproportionate number of people wound up behind on their mortgage payments, even when the unemployment rate (a measure of means to pay) was held constant...

Author: /time Magazine | Title: Mortgage Defaults: Many Are Intentional, Study Finds | 7/7/2009 | See Source »

Nowadays, thousands of participants from around the world dash through Pamplona's streets trailed by charging bulls. Thousands more watch from safe nooks and balconies along the route, and spectators can also follow the events on national TV. Every morning from July 7 to 14, hordes of daredevils gather in a historic section of the city, many dressed in traditional garb and carrying rolled-up newspapers to swat the bulls if necessary. They sing a traditional homage to St. Fermin, asking him to guide them through the run. After two small rockets are fired, six bulls are released (along with...

Author: /time Magazine | Title: A Brief History of the Running of the Bulls | 7/7/2009 | See Source »

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