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...other words, economic woes that have long plagued those at the lower fringes of the American middle class are now hitting people near the heart of it (the median household income was $50,233 in 2007, according to the latest data from the Census Bureau). And they're hitting fast...

Author: /time Magazine | Title: Credit Problems Are Climbing the Income Scale | 3/9/2009 | See Source »

...with the terms largely dictated by the creditors. Lots of debtors today are in so deep, though, they can't afford those terms. In that case, bankruptcy is one option - and bankruptcy filings, after dipping in the wake of the 2005 reform that toughened terms for filers, are rising fast. But Croxson said that something called debt settlement is likely to be the really big growth area in coming years. (See which businesses are doing well despite the recession...

Author: /time Magazine | Title: Credit Problems Are Climbing the Income Scale | 3/9/2009 | See Source »

...twin brother Dan followed suit, finishing fifth in 1:45.67 for his second NCAA ‘B’ cut time for the day.“I was very pleased with my race,” Bill Jones said. “It was a really, really fast event this year and I was able to get a best time.” Guernsey swam his own NCAA ‘B’ cut time in the 100-meter freestyle on Saturday. He clocked in a mark of 43.58 for third place. For Harvard diving, sophomore...

Author: By Jessica L. Flakne, CONTRIBUTING WRITER | Title: Crimson Settles for Second | 3/9/2009 | See Source »

...basketball bench, grinning with nervous anticipation, a win against Brown Friday night was surely in high demand. Though the Bears (3-25, 1-13 Ivy) have an unfavorable record this season, Harvard (19-8, 11-2) did not pull safely ahead until late in the second half in this fast-paced duel, defeating Brown 81-57. Friday’s victory was a much needed “W” and kept the team in the running for a shared Ivy League title with first place Dartmouth.The Bears’ lineup was unique in that it was unspecialized...

Author: By Justin W. White, CONTRIBUTING WRITER | Title: Harvard Mounts Late-Game Rout | 3/9/2009 | See Source »

...local village who send their children to the Markaz for school say the education is good, though ideological. Ghulam Qadir, 44, has two children there, even though he follows the more liberal Barelvi tradition. School rules insist that even the primary students pray five times a day and fast during Ramadan. They are not allowed to watch TV or movies or listen to music. "I am hoping my children are not being converted, but I want them to have a better future," he says, explaining that the school is free and gives the students lunch...

Author: /time Magazine | Title: The Making of a Mumbai Terrorist | 3/8/2009 | See Source »

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