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...really bad to less bad). That momentum didn't stick, though, owing to the broader economic downturn. This time around, a first-time homebuyer tax credit is giving a huge boost to the market - nearly a third of buyers now fall into that camp. If the feds don't extend that tax credit when it sunsets at the end of November, will the current housing-recovery momentum peter? It's a great question with an unknowable answer...

Author: /time Magazine | Title: The Housing Market: Has It Turned the Corner? | 8/26/2009 | See Source »

Seoul has even greater e-ambitions. It has begun to implement a project called Ubiquitous Seoul - or U-city - which will extend the city's technological reach. Seoul's nearly 4-mile-long (6 km) Cheonggye Stream walkway, which runs through the high-rises of downtown Seoul, is the site of a U-city pilot project. Via their phones and laptops or on touchscreens located in parks and public plazas, citizens can check air-quality or traffic conditions or even reserve a soccer field in a public park. The city also sends out customized text messages. The city's chief...

Author: /time Magazine | Title: Seoul: World's Most Wired Megacity Gets More So | 8/24/2009 | See Source »

...Unfortunately, the cuts extend beyond residential life, into the classroom as well. Sections will have more students on average, and students, gradually, will become dumber. Since Teaching Fellows will no longer be paid a living wage, grades will be contingent on tips. All sections will only meet every other week, and sections in the Government Department will be replaced by showings of “West Wing” reruns. Undergraduate advising has been eliminated, and will be replaced with a do-it-yourself guide to advising, written by a committee of faculty in the style...

Author: By Nathaniel H. Stein, CONTRIBUTING WRITER | Title: Additional Budget Cuts | 8/20/2009 | See Source »

It’s no mystery that students at Harvard are weird. If we were smart enough to get in, something must be wrong with us. But many of the neuroses of the undergraduate student body extend beyond perfectionism or compulsive spell-checking. You know how some people have Freudian complexes? Well Harvard students have complexes often so deep and carefully hidden that they only reveal themselves after several weeks of dating (“dating” is a loose term at Harvard; what I really mean is “a few dance floor makeouts and late-night...

Author: By Julia M. Spiro, CRIMSON STAFF WRITER | Title: Avoid These Crazy Harvardians | 8/20/2009 | See Source »

...life to tell her successors to behave. She helped lead a second People Power uprising to depose the inept government of Joseph Estrada; she also led protests against her former ally, the second woman President of the Philippines, Gloria Macapagal Arroyo, to warn her against rewriting the constitution to extend her time in office...

Author: /time Magazine | Title: A Miracle Worker in a Plain Yellow Dress | 8/17/2009 | See Source »

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