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...markets dried up last spring, many private lenders either went out of business or became much stricter about approving loans. And the people least likely to get a bank loan are often the same ones credit card companies are trying to reel in with low interest rates that quickly jump sky-high...

Author: /time Magazine | Title: Putting College Tuition on Plastic | 8/20/2008 | See Source »

...program is funded by the $25 million Denver voters agreed in 2005 to pay annually through additional property taxes. To make better use of that money, Bennet is proposing several changes that could lead to all teachers seeing a jump in their pay, some by as much as $9,000 annually. But many of those increases would come in boosts to incentive pay. And while the district's offer would raise starting salaries from $35,000 to $42,000, base salaries of more-tenured teachers would not rise...

Author: /time Magazine | Title: A Merit-Pay Standoff in Denver | 8/19/2008 | See Source »

Roughly once a week, a flotilla of half a dozen or so tankers heaves into the steamy southern Iraqi port of Khur al-Zubar, and the normally sleepy docks jump to life. Teams of workers scramble over ships arriving mainly from Dubai, Bahrain and other points around the Persian Gulf to connect hoses for the flow of diesel, kerosene and gasoline. Old-fashioned gas-station tickers beside the ships clatter as thousands of liquid tons begin moving...

Author: /time Magazine | Title: Why Iraq Is Still Oil Poor | 8/15/2008 | See Source »

...halftime at the Olympic Sports Center Gymnasium on Tuesday afternoon. Sneakers squeak on the court as the French and Chinese players warm up; they practice their dribbling with both hands and perfect their jump-shot techniques. Nothing but net! The game resumes. China comes out in a tight zone defense. France passes the ball around the perimeter, creating open shots for its players. France's Christophe Kempe posts up his man and hits a turnaround shot. The French take control. Inane music, like the opening chords of We Will Rock You, blares over the loudspeaker while the teams are playing...

Author: /time Magazine | Title: Hey, America, What About Handball? | 8/14/2008 | See Source »

...They pass it around and throw it into a nearly 10-ft.-wide, 7-ft.-high goal. You have to shoot the ball outside of an arc, which stretches about 20 ft. from the goal. But you can leap forward into the arc, as long as you start your jump behind the line...

Author: /time Magazine | Title: Hey, America, What About Handball? | 8/14/2008 | See Source »

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