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...banks if the plans are deemed inadequate. Despite the relatively small $5.5 billion Citi was told to raise, the stress test deepened concerns about the bank. That means the hurdle Citi will have to jump in order to prove its management is up to the task could be higher than for the other banks...

Author: /time Magazine | Title: Inside Citi's Stress Test: More like an F than a B+ | 5/14/2009 | See Source »

...Volunteers who scored eight points or higher on the index - which includes older age, worse cognitive function, some heart disease risk factors and the presence of genes linked to Alzheimer's - were at high risk of developing dementia within six years; 56% of these high scorers showed serious mental decline by the end of the study period. Of those scoring lower on the index, deemed at moderate or low risk, 23% were diagnosed with dementia. (Read "Alzheimer's Research Holds Promise...

Author: /time Magazine | Title: Warning Signs: A New Test to Predict Alzheimer's | 5/13/2009 | See Source »

...cost in principal and interest should he make only the minimum required payment each month. (That's another psychological trip-up: having a low minimum payment printed on the statement in a big font ratchets down our perception of how much we should be paying off, meaning we carry higher balances for longer.) That bill never went anywhere, but a similar provision is in the bill currently before the Senate...

Author: /time Magazine | Title: The Real Problem with Credit Cards: The Cardholders | 5/12/2009 | See Source »

...Administration says that the budget deficit for the current fiscal year will be 5% higher than previously forecast which will puts the number above $1.8 trillion. The spread between the old number and the new one is $89 billion. The White House figure now matches the estimate of the Congressional Budget Office, an estimate which the Administration had earlier disputed...

Author: /time Magazine | Title: Forgiving a Mistake in the Federal Budget | 5/12/2009 | See Source »

...indirect emissions, because they're hard to calculate. But Searchinger points out several ways the EPA gave biofuels the benefit of the doubt. Its analysis of direct emissions gave corn ethanol an advantage over gasoline nearly three times larger than most previous studies; it gave cellulosic ethanol savings 50% higher than nearly all other studies. It based most of its numbers not on what farmers and ethanol producers do now but on what it hopes they will do in 2022, assuming dramatic increases in crop yields and energy efficiency. And after the public comment period, it's fair to assume...

Author: /time Magazine | Title: Stress-Testing Biofuels: How the Game Was Rigged | 5/12/2009 | See Source »

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