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...expect states to follow California's lead and start queuing up in Washington looking for money simply to be able to pay their teachers and firefighters. While all states have to deal with an uneven influx of revenue from tax collection, California is among the very few that deal with temporary shortfalls by issuing short-term debt. Most states instead rely on internal cash management - in some cases, borrowing from their own pension funds if necessary - which means they aren't dependent on outside borrowing in order to make payroll and keep the lights on. And even those municipalities that...

Author: /time Magazine | Title: States and Cities Grapple with the Credit Crunch | 10/9/2008 | See Source »

...Apicella, a graduate student in anthropology who co-authored the study. They measured participants’ testosterone levels by taking samples of their saliva and by evaluating the “maleness” of their faces—a larger jaw and other measures imply a greater influx of testosterone during puberty, according to Apicella. “This financial risk taking in men is the modern equivalent of male-to-male combat,” said Apicella, who found in a previous study that men with lower voices tend to father more children than men with higher voices...

Author: By Elyssa A. L. Spitzer, CONTRIBUTING WRITER | Title: Testosterone Linked to Risky Investments | 9/30/2008 | See Source »

...Washington Immigration Slowdown New U.S. Census data reveal that while the U.S. foreign-born population--at 12.6%--is at its highest share since 1920, the influx has slowed sharply with the economy. The number of new immigrants declined from more than 1.8 million in 2006 to about 512,000 in 2007. On top of a changing job market, experts cite a crackdown on undocumented workers...

Author: /time Magazine | Title: The World | 9/25/2008 | See Source »

...Shanghai is determined to revitalize the Expo. While Beijing threw an efficient if, ultimately, rather empty Olympics - because of visa restrictions that kept out many tourists along with potential demonstrators - you can bet that Shanghai will give a warmer welcome to the world. After all, it was the influx of foreigners starting in the mid-19th century that turned a Chinese fishing town into the international hub of hedonism. And that's a status Shanghai isn't going to surrender to China's dowdier national capital without a fight...

Author: /time Magazine | Title: Postcard: Shanghai | 9/24/2008 | See Source »

...Despite the OCS’s legitimate efforts to expand their offerings this year, they remain overwhelmingly and unfortunately centered around finance and consulting. The influx of Harvard grads to the finance and consulting sectors is not the fault of OCS alone, but the way that OCS presents these sectors certainly contributes to their popularity. Admittedly, some students are attracted to banking and consulting jobs for reasons outside of OCS’s control. These jobs have “prestige,” the promise of a large salary, and some students are genuinely interested in the field. Unquestionably...

Author: By The Crimson Staff | Title: Diversity Recruiting | 9/18/2008 | See Source »

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