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...hike that has since 2007 boosted the federal minimum wage from $5.15 to $7.25. In total, the extra $2 and change translates into a yearly raise of some $4,400 for a full-time minimum-wage worker, nosing his or her family of four above the poverty line. (See 10 ways your job will change...

Author: /time Magazine | Title: The Minimum Wage | 7/24/2009 | See Source »

...Libby maintained his innocence throughout his trial, claiming that any false statements he had made to investigators resulted from bad memory, not deception. But Libby had reason to lie: his job was at stake, and his boss's was on the line too. Bush had declared that anyone involved in leaking Plame's identity would be fired. Cheney had personally assured Bush early on that his aide wasn't involved, even persuading the President to exonerate Libby publicly through a spokesman. Special counsel Patrick Fitzgerald, who prosecuted the case, said Libby's obstruction had prevented investigators from uncovering the truth...

Author: /time Magazine | Title: Inside Bush and Cheney's Final Days | 7/24/2009 | See Source »

That was a line I remembered at the end of many days. To those of us of a younger generation, Cronkite was never paternalistic. He didn't like many of the changes in network news, but he was always generous. In the end, what endeared him to so many was that he always seemed like a man you were as likely to find walking down Main Street as knocking back drinks at Toots Shor's or manning his yacht, asking all around him, "What's the latest news...

Author: /time Magazine | Title: Walter Cronkite, a No-Nonsense Newshound | 7/23/2009 | See Source »

...with the challenges of building infrastructure in harsh environmental conditions might have assumed that an advanced nation like Australia would have had a north-south transcontinental railway for some time. But the funny fact is that while the Ghan's tracks were first laid in the 1880s, the entire line wasn't fully completed (on an upgraded track) until 2004, and at a cost of nearly $1 billion. Now, luxury trains up to one kilometer long, sometimes numbering 52 carriages, crawl through the forbidding primordial stretches of Outback twice a week, like giant high-speed caterpillars. It's a seemingly...

Author: /time Magazine | Title: Scenes of Martian Redness in Australia | 7/23/2009 | See Source »

...must remain undivided." Those words, which he later qualified, may now be coming back to haunt the President as he seeks to restart the moribund Israeli-Palestinian peace process by getting Israel to freeze all construction outside its pre-1967 borders. Israeli Prime Minister Benjamin Netanyahu has drawn a line in the sand over Jerusalem, vehemently rejecting Washington's demand that he halt a construction project in the Arab eastern portion of the city that was occupied by Israel in 1967. Israel claims sovereignty over all of Jerusalem, and Netanyahu told his Cabinet on Sunday that this claim was nonnegotiable...

Author: /time Magazine | Title: Jerusalem Threatens Obama Peace Plan | 7/23/2009 | See Source »

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