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...financial headlines quickly overwhelmed what little good economic news there was, such as an unexpected rise in U.S. personal income. A quick look revealed that it was largely driven by transfer payments, such as Social Security inflation adjustments and an extension of unemployment benefits, not the kind of capitalist fuel needed to power a real economic recovery...

Author: /time Magazine | Title: No Signs of a Bottom As Stocks Hit 12-Year Low | 3/2/2009 | See Source »

...compare discounts and modify reservations, giving you a side-by-side comparison of your original and new reservation. You can also compare deals from Avis and other rental agencies without leaving the site, preview a picture of the car, and get stats on luggage space, passenger capacity and fuel efficiency. Extra fees, for GPS, local taxes and insurance, are broken out line by line, so there are no surprises when you get your bill at the rental desk. Another new feature for customers: you can register an email that will automatically bring up your reservation, rental history and a receipt...

Author: /time Magazine | Title: Agatha Christie's Private Escape, and Other Travel Goodies | 3/2/2009 | See Source »

...Administration says it is aware of the problem. "We need to ensure that the assistance is provided to the people in need via the Palestinian Authority, and not to fuel Hamas or [be] diverted by Hamas for political purposes," says one senior National Security Council (NSC) official. The State Department says it will work with longtime partners to make sure the money only goes to civilians...

Author: /time Magazine | Title: For Obama, Helping Gaza Is Harder Than It Looks | 3/2/2009 | See Source »

...Beijing government slashed the sales tax on cars with engines of up to 1.6 liters from 10% to 5%. The measure, designed to get Chinese to buy smaller, more fuel-efficient vehicles, has had an immediate impact. January sales of small cars jumped 19% compared with the previous month, according to the China Association of Automobile Manufacturers. Also boosting buyer interest: Lower road taxes and fuel prices, which are set by the government. (See TIME's picks of the 50 worst cars of all time...

Author: /time Magazine | Title: China's Auto Bailout Takes a Different Route | 3/1/2009 | See Source »

...insurance policies, blackened, windowless towers came to punctuate the skyline of an apocalyptically desolate landscape.Joon, the protagonist of Nami Mun’s debut novel “Miles from Nowhere,” embodies the melancholy pervasive in this landscape. However, the heated social and political factors that fuel the destruction of the Bronx are of marginal importance to Mun. Though her character lives underneath the rubble of this dying city, Mun’s semi-autobiographical tale highlights inner turmoil over external destruction. Joon and her parents leave Korea at the behest of her mother, who intends...

Author: By Roxanne J. Fequiere, CONTRIBUTING WRITER | Title: Mun's Bronx Burns, Obscures | 2/27/2009 | See Source »

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