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...Stephen Kim, a senior real estate analyst at Alpine Woods Capital Investors LLC, which holds shares in homebuilding companies, says he thinks there will be "only modest" declines in the months following the programs' expiration unless the overall economy, or employment, also tanks. (See how Americans are spending...

Author: /time Magazine | Title: Get Ready for a Painful 'Hockey Stick' Housing Recovery | 3/26/2010 | See Source »

...strange predicament for the modest jet that was supposed to be the cheap end of the military's high-low warplane mix of F-22s and F-35s. The Pentagon launched the F-35 Lightning II program a month after 9/11. Over the past eight years, the price-per-plane has doubled - from $69 million to as much as $135 million - even as none of the 2,443 on-order planes have been delivered. The program's cost has soared from $197 billion to as much as $329 billion. Plans to profit from prospective sales of more than...

Author: /time Magazine | Title: The Costly F-35: The Saga of America's Next Fighter Jet | 3/25/2010 | See Source »

...presence of heavy metals and pesticides, along with cancer-causing PCBs, concentrated in sediment at the bottom of the canal. The magnitude of the cleanup task seemed to call out for federal intervention. The EPA says its plan will take up to 12 years; the city's more modest plan was judged inadequate by federal officials...

Author: /time Magazine | Title: Postcard from Brooklyn | 3/22/2010 | See Source »

...Wimpy following Alvin and the Chipmunks: The Squeakquel, Tooth Fairy and Percy Jackson & the Olympians: The Lightning Thief, Fox has cemented its rep as the tween baby-sitter studio. Paramount's 20-something version of the wimp-hero theme, She's Out of My League, held well with a modest 38.5% drop from last weekend to finish fifth. Together, Wimpy and She's Out of My League could forge a new in-person social network: the nerd date movie...

Author: /time Magazine | Title: Box Office: Alice and Wimpy Kid Whip Jenni-Butt | 3/21/2010 | See Source »

Green Zone was one of a quartet of new movies this weekend whose grosses fell into the modest-to-awful range. She's Out of Your League, a no-star, R-rated comedy about a schlub who unaccountably attracts the interest of a hottie, secured third place with $9.6 million. Just behind that, at $8.3 million, was the love story Remember Me, starring vampire swoon king Robert Pattinson; not nearly enough Twilight fans booked tickets on the young male dreamboat. The interracial Our Family Wedding, with America Ferrara and Forest Whitaker, earned $7.6 million to finish sixth (after the holdover...

Author: /time Magazine | Title: Box Office: Alice Turns Damon a Sickly Green | 3/14/2010 | See Source »

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