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...housing prices are finally dropping and apartments are going vacant. Moreover, a number of large New York City firms have announced layoffs. Retailers are bracing for things to get much worse. "Cigars are a celebratory medium," says Richard Hu, who owns Wall Street Humidor, a cigar shop in lower Manhattan. "And I guess there's just not that much to celebrate these days...
...loan-guarantee authority passed under the bill. The Federal Government would guarantee loans readjusted for homeowners who can show annual income worth 38% of the debt on their house. Under the plan, lenders would be encouraged to lengthen loan terms and make other adjustments in order to lower monthly payments to help borrowers keep their homes...
...telemental health - the burgeoning field of online and remotely delivered mental-health services - and while many people say they benefit from it, some experts remain unconvinced of its long-term merit. Certainly, more and more doctors and patients are taking advantage of the convenience and, in most cases, the lower cost of Web- or phone-based sessions. Organizations such as the Veterans Administration have employed e-mail and online video conferences to connect doctors with patients in isolated areas, primarily to answer questions or refill prescriptions. But live video is also being used to counsel patients with post-traumatic stress...
...will force states to adopt a common system to monitor dropouts. Critics of No Child Left Behind have long accused the federal legislation not only of leading more schools to teach to the test, but of letting - or perhaps even encouraging - struggling students to drop out before they can lower average test scores. But Spellings is trying to address this problem with new regulations that will set a uniform graduation rate so that a high school's annual progress will now be measured both by how students perform on standardized tests and by how many of them graduate within four...
...plantations. Three of them were car bombs set off in its capital and largest city, Guwahati, according to R.N. Mathur, the state's director general of police. Those blasts did the most damage, killing 31 and injuring 147. The remaining six blasts hit smaller towns in lower Assam, near the Bangladesh border, and were smaller in scale, using explosives left on bicycles and motorbikes. Two of the bombs in Guwahati were set off near government targets: a police station, the office of the deputy commissioner of the state's civil service, but the one that did the worst damage...