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...response, proponents of financial-literacy education are stumping with renewed zeal. School districts in states such as New Jersey and Illinois are adding money-management courses to their curriculums. The Treasury and Education departments are sending lesson plans to high schools and encouraging students to compete in the National Financial Capability Challenge that begins in March...

Author: /time Magazine | Title: How to Teach Kids About Money | 1/25/2010 | See Source »

...unemployed, the harder it is for them to find a job. It becomes a vicious circle that keeps at least some from moving back into the workforce and recovering lost financial security. No politician, especially a Democrat, wants to be accused of being heartless, but Obama might take a lesson from President Bill Clinton, who tightened welfare rules - and pushed millions out of a destructive cycle of poverty. Unlike the '90s, these are especially difficult economic times, and no one should underestimate the severity of American job losses or the fact that millions of jobs in sectors like manufacturing have...

Author: /time Magazine | Title: A Limit to Compassion | 1/25/2010 | See Source »

...habitation is possible, in other words, but direct competition can be deadly. That's a lesson Southeast Asia's companies are braced to learn as Chinese manufacturers loom ever larger on their doorstep, unfettered by the duties and tariffs that before Jan. 1, when the free-trade agreement kicked in, gave local businessmen a small measure of protection...

Author: /time Magazine | Title: Free Trade With China: ASEAN's Winners and Losers | 1/22/2010 | See Source »

...other hand, fell afoul as the former owner of Jaguar by trying to take Britain's luxury sports-car brand into the mass market. Overseas buyers must "be aware of sensitivities of the brand and preserve it to sell the product successfully," Bailey says. "That's a key lesson for Kraft...

Author: /time Magazine | Title: Bittersweet Deal? Cadbury Accepts Kraft Takeover | 1/19/2010 | See Source »

...lesson of the past year is that mistakes made on Wall Street can have real bad side effects on the rest of the economy," says Robert Johnson, a senior fellow at the Roosevelt Institute and a former chief economist of the Senate Banking Committee. "And that's adequate grounds to put in restraints before we have to have the next bailout." (See award-winning pictures of the fallout from the financial crisis...

Author: /time Magazine | Title: Bank CEOs Continue to Fight Financial Reform | 1/14/2010 | See Source »

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