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Have you ever seen your credit card's interest rate be jacked up, out of the blue, for no apparent reason? You're not alone, and a new law hopes to cut down on such unsavory practices. The Credit Card Accountability, Responsibility and Disclosure Act, signed by President Obama in...

Author: /time Magazine | Title: How Will the Credit Card Act Affect Me? | 2/22/2010 | See Source »

• Mandate that monthly statements clearly show how long it would take to pay off your balance by paying the minimum due each month.

Author: /time Magazine | Title: How Will the Credit Card Act Affect Me? | 2/22/2010 | See Source »

Senior Democratic Senators whisper that the Administration is clueless about how to get things done. Liberal bloggers openly express contempt for what they say is incompetence compounded by misguided priorities. The respected Washington wise man Les Gelb, former head of the Council of Foreign Relations, channeled the Beltway's conventional...

Author: /time Magazine | Title: Can Obama Fend Off the 'Failure' Attacks? | 2/22/2010 | See Source »

Obama's critics only have it half right. His presidency is in crisis. But it isn't too late to turn things around. The President may be more of a basketball man than a football fan, but he needs to heed the advice of two great gridiron coaches to head...

Author: /time Magazine | Title: Can Obama Fend Off the 'Failure' Attacks? | 2/22/2010 | See Source »

Libya has been shut off from the U.S. for decades - starting in 1981, when President Ronald Reagan banned Americans from traveling to the country because of Libya's support for terrorist organizations, and then through subsequent U.S. sanctions. But on Saturday, Feb. 20, 25 American executives arrived in Libya to...

Author: /time Magazine | Title: After 37 Years, the U.S. Arrives to Do Business in Libya | 2/22/2010 | See Source »

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