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AMERICA'S HOUSING BLUES After years of torrid price increases that made homeowners feel more confident about spending, the U.S. housing market has tumbled. Construction of single-family homes dropped 18% in the third quarter of 2006, and real estate prices have cooled, particularly in overheated markets like California. Steve...

Author: /time Magazine | Title: A Precarious Balance | 1/18/2007 | See Source »

Suppose you are one of the many Harvard students who illicitly uses marijuana on a regular basis. And now imagine the worst case scenario: you are enjoying a post-exam spliff in the company of friends in a private bedroom. Then, from the door, an ominous voice intones, â?...

Author: By The Crimson Staff | Title: Irrational ‘Justice’ | 1/17/2007 | See Source »

So we have two leading Democrats who are as vulnerable as they are formidable. And while much has been made of the fact that Obama and Clinton face the challenge of being potential presidential firsts--African American and woman--I suspect neither Senator worries overmuch about those innate hurdles. Both...

Author: /time Magazine | Title: Why They're Both Running Against Bill | 1/15/2007 | See Source »

As TIME reported, police stopped Shawn Hornbeck on at least one occasion but no one figured he was the kid missing from back in 2002. There were flyers about him nearby. For example, one was attached to a bench at a Schnuck's grocery store less than a mile from...

Author: /time Magazine | Title: The Kidnapping Suspect: "A Big Friendly Marshmallow" | 1/15/2007 | See Source »

The occasion was a march on City Hall to protest a murderous streak that has left eight people dead since the beginning of 2007. It capped a year in which police tallied 161 murders, despite the fact that more than half the city's residents are still living in Hurricane...

Author: /time Magazine | Title: Baghdad on the Mississippi? | 1/12/2007 | See Source »

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