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...Interest rates are set in two main ways. Short-term rates--like those on credit cards, home-equity loans and adjustable-rate mortgages (ARMS)--are determined mostly by the Federal Reserve. It sets them with an eye on inflation. If the Fed fears that prices are rising too fast, it will raise rates to slow the economy. Longer-term rates, like those on a standard mortgage, are set on the open market. They are partly a bet on how well the Fed will control inflation but also reflect supply and demand. If there are lots of people with money...

Author: /time Magazine | Title: The End of Easy Money | 7/19/2007 | See Source »

...residents of the Gulf Coast. Many of those trailers have walls and cabinets made up of particleboard, which contains formaldehyde that can sometimes emit gas in hot, humid weather such as that found in Louisiana and Mississippi. The effect on humans (especially children) range from "burning sensations in the eyes, nose, and throat; nausea; coughing; chest tightness; wheezing; skin rashes and allergic reactions." As early as March 2006, FEMA began to receive complaints about formaldehyde odors. After one trailer was tested, an April 2006 e-mail sent from a FEMA attorney to another staffer concluded, "The end result - well above...

Author: /time Magazine | Title: Grilling FEMA Over Its Toxic Trailers | 7/19/2007 | See Source »

...only tree capable of growing in the shade of a Norway maple is another Norway maple," Smith says. It tends to crowd other plants out of their natural habitats and the result is a monoculture forest - only one kind of tree as far as the eye can see. The result is a sicker, less beautiful forest (the leaves of the Norway maple, for example, don't turn brilliant colors in the fall, like other types of native maples) that alters the diversity of the natural food chain and harms local wildlife...

Author: /time Magazine | Title: Planting Trouble in Your Garden | 7/13/2007 | See Source »

Daniel said that the best thing people can do to help the case is spread awareness—especially to people living in Southern California—and keep an eye out for either Donna or Burgess...

Author: By Malcom A. Glenn, CRIMSON STAFF WRITER | Title: Search Continues For Student's Missing Sister | 7/13/2007 | See Source »

...Your cover story provided a wonderful bird's-eye view of what people consume on different continents. It is informative and indeed a pleasure to read. With the advent of Western fast food and its onslaught in developing countries, the middle classes all over the world devour more and more food that has little nutritional value. And overeating results in unwelcome and dreadful obesity. We must be most careful in what we choose to eat. The bottom line is, eat simply and eat little. That is the road to good health and longevity. Tan Boon Tee, Chukai, Malaysia...

Author: /time Magazine | Title: Inbox | 7/12/2007 | See Source »

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