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Just as important as fixing the artificial barriers will be replacing the natural ones: the protective wetlands that have been stripped away from the city's perimeter. In 2000, federal and state officials initiated proposals to spend $14 billion over the next 30 years for wetlands restoration along the Gulf...

Author: /time Magazine | Title: The Fragile Gulf | 5/10/2006 | See Source »

The end may be just the beginning. After 15 hikes in less than two years, the Federal Reserve has signaled that it has probably finished bumping up interest rates, but for people who borrowed heavily to buy new homes during the recent boom, the damage is done. Those hugely popular...

Author: /time Magazine | Title: Mortgage Mess | 5/10/2006 | See Source »

If your adjustable-rate loan is still new, the higher rates haven't yet taken a bite, but the years ahead may be nerve-racking. According to the National Association of Realtors, the median first-time home buyer's deposit last year was just 2% of the price, while 43...

Author: /time Magazine | Title: Mortgage Mess | 5/10/2006 | See Source »

The print and initial online versions of this article misstated the name of Jasmine Xinting Zhang '06, winner of a $25,000 Stride Rite Post-Graduate Fellowship.

Author: By Joyce Y. Zhang, CRIMSON STAFF WRITER | Title: PBHA Honors Service Leaders | 5/10/2006 | See Source »

When Carlos Lopes, the managing director of the Hotel Bel-Air, asked a breakfasting guest early last year what he thought of the renovations to the suite he was occupying, the guest replied, "Well, it's not my personal taste." Fortunately for an unnerved Lopes, the man eventually added, [an...

Author: /time Magazine | Title: Hollywood Face-Lift | 5/9/2006 | See Source »

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