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Severe unemployment certainly boosts business for pawnshops, but so too does the high price of gold. The precious metal's price is up to more than $1,200 an ounce, vs. about $860 in January 2009. Suddenly, dusting off that old flame's gold necklace is an easy way to score a quick loan. "With the price of gold moving higher, it allows individuals to get a bigger loan, and that has been a stimulus to driving increased pawn lending," says Joshua Elving, a senior analyst at Feltl...

Author: /time Magazine | Title: Pawnshops Flourish in Hard Times, Drawing Scrutiny | 1/14/2010 | See Source »

...financial-reform bill recently passed by the House and under consideration in the Senate. Under the current versions of the bill, the agency would not have the power to set interest rates. But public anger with America's financial industry is rising, and that raises the possibility that extremely high interest-rate charges could ultimately be subject to federal limits...

Author: /time Magazine | Title: Pawnshops Flourish in Hard Times, Drawing Scrutiny | 1/14/2010 | See Source »

...happy with the shot put—it was my best season opener ever,” Brady said. “It puts me on track, but there is still more I can do. I always have very high expectations for myself...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Track Races to Strong Showing at Dartmouth Relays | 1/13/2010 | See Source »

Another athlete with high expectations delivered in Hanover, as junior Sean Gil captured Harvard’s lone victory, finishing first in the pole vault. Gil’s height of 4.57 meters gave him an edge of 0.15 meters above his nearest competitor...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Track Races to Strong Showing at Dartmouth Relays | 1/13/2010 | See Source »

...achievement for Arroyo, an unpopular but hardworking leader whose presidency has been jolted by corruption scandals. She has already shown it is possible: shortly after the Maguindanao massacre, troops were rushed to the province, successfully disarming the Ampatuan clan's large private army and seizing its huge cache of high-powered weapons...

Author: /time Magazine | Title: Philippines Gun Ban Kicks Off Amid Campaign Violence | 1/13/2010 | See Source »

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