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...national romance with consumer debt seems to be coming, at least for now, to a screeching halt because of the realities of the Great Recession. Belt-tightening, whether it's imposed by job loss or financial insecurity, is de rigueur. The savings rate is 4.4%, up from its 2007 rock-bottom level. Book publishers are hurrying to catch up with the rediscovered restraint. Three authors with new books are eager to restore fiscal conservatism to its proper, vaunted role. Being thrifty has become a badge of honor...

Author: /time Magazine | Title: Business Books | 12/14/2009 | See Source »

Harvard will halt construction of the Allston Science Complex indefinitely in early spring 2010 after the structure’s foundation is completed but before the building becomes ready for tenants, according to a letter sent by University President Drew G. Faust to the community early yesterday afternoon...

Author: By Sofia E. Groopman, CRIMSON STAFF WRITER | Title: Science Complex Construction To Halt in 2010 | 12/11/2009 | See Source »

Even before Thursday’s announcement that the slowdown would soon come to a halt, construction delays had created difficulties for some Harvard scientists, as it became clear that promised space in Allston would not be ready on schedule. In particular, stem cell researchers who had planned on moving into the Allston Science Complex were instead relocated to laboratories in Cambridge, displacing Molecular and Cellular Biology faculty and causing tensions with administrators...

Author: By Sofia E. Groopman, CRIMSON STAFF WRITER | Title: Science Complex Construction To Halt in 2010 | 12/11/2009 | See Source »

Just six hours after the University’s announcement that it will halt construction on the Allston Science Complex, tensions ran high last night at a community input meeting regarding the relocation of the Charlesview Appartments, a concrete cluster of 213 low-income housing units located near the Business School...

Author: By Sofia E. Groopman, CRIMSON STAFF WRITER | Title: Charlesview Amends Plans | 12/11/2009 | See Source »

...officials say security concerns justify their actions. They claim Islamist militants and drug smugglers use the same routes and that bedouin passers, whom the asylum seekers pay to smuggle them to Israel, sometimes fire at the border guards. Cairo has also come under pressure from the Israeli government to halt the increasing number of migrants crossing the border. Egyptian Foreign Ministry spokesman Hossam Zaki says Cairo is doing everything it can to strike a balance between the humane treatment of the asylum seekers and the protection of its borders. "This is a vast desert area, manned by fewer troops than...

Author: /time Magazine | Title: Dangers Await Africans Seeking Asylum in Israel | 12/11/2009 | See Source »

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