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...Sick of high household bills? Shopping maven Stephanie Nelson, founder of the popular website couponmom.com has developed a method that she promises will slash your food and drugstore costs. She describes her techniques in her new book, The Coupon Mom's Guide to Cutting Your Grocery Bills in Half (Avery). TIME senior reporter Andrea Sachs visited with the thrifty author, who lives in Atlanta, Ga., during Nelson's recent visit to pricey New York City...

Author: /time Magazine | Title: Coupon Mom: How to Cut Grocery Bills in Half | 1/6/2010 | See Source »

...place feels like a jewelry store. Wood furnishings give the display that luxury vibe; sterling-silver pieces sit inside glass-enclosed cases. But at the Art of Shaving, a 14-year-old retail outlet that sells high-end grooming products, shoppers aren't searching for diamonds and pearls. It's the razors that rule the room...

Author: /time Magazine | Title: The $175 Razor: A Sign of Economic Recovery? | 1/6/2010 | See Source »

...magic for my skin and was the catalyst for starting the shaving business." They sold their BMW for $12,000 - "We were broke," Malka says - and opened up a small Manhattan store in 1996. The company sells its own Art of Shaving-brand products in its stores and other high-end retailers like Bloomingdale's, Neiman Marcus, Nordstrom and Saks. (See the best pictures...

Author: /time Magazine | Title: The $175 Razor: A Sign of Economic Recovery? | 1/6/2010 | See Source »

...price standards for vodka that will nearly double the cost of a half-liter bottle of the national spirit, from $1.69 to $3. The move, part of President Dmitri Medvedev's anti-alcoholism campaign, is designed to curb Russians' excessive drinking. With a per capita alcohol consumption twice as high as that of the U.S. and an active underground market for homemade alcohol (known as samogon), Russians aren't about to give up their vodka so easily. The 2010 price hikes are just the latest battle in Russia's centuries-long war against the demon drink. (Read "Russia's Artisanal...

Author: /time Magazine | Title: Russians and Vodka | 1/5/2010 | See Source »

...clear that al-Shabab has international ambitions," says E.J. Hogendoorn, a Nairobi-based Horn of Africa analyst for the International Crisis Group. "It has an international agenda in that it sees itself in part as relating to the larger Muslim population. So when they can get away with a high-profile attack that they think will generate support, I think they will do so. The question is whether they have the capacity to do so." (See pictures of Muslims in America...

Author: /time Magazine | Title: The Danish-Cartoonist Attack: Sign of a Wider Plot? | 1/5/2010 | See Source »

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