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Families with children comprise roughly one-third of the nation's homeless population. Poverty continues to be a core reason for the crisis, though the aftermath of Hurrican Katrina combined to swell the numbers in Louisiana, Texas and Georgia. Since the 1980s, single mothers have accounted for an increasing share of the homeless population, partly because of increased divorced rates, gender and wage disparities, and the shrinking supply of affordable housing. Officials believe that the current home foreclosure crisis will be adding a new demographic to these statistics: middle-class blacks and Latinos. "It's families that were living pretty...

Author: /time Magazine | Title: Report Says 1 in 50 U.S. Kids Is Homeless | 3/10/2009 | See Source »

...which is designed to curb both the use of energy and greenhouse-gas emissions across the entire economy. For carmakers, such legislation would be mostly neutral because they earn credit for making electric vehicles and could spend it on cars that emit too much CO2. GM now notes that one-third of the Cadillac Escalades it sell are hybrids, so it would have plenty of currency. Of course, at this point Detroit is hoping for anything that doesn't have California's fingerprints all over...

Author: /time Magazine | Title: California and Detroit Go to War over Gas Mileage | 3/8/2009 | See Source »

...healthier banks, there's an unpleasant picture. In the fourth quarter of 2008, the nation's banks as a group lost $26.2 billion, compared with profits of $575 million for the fourth quarter of 2007. And though nearly half of the losses were concentrated in four big banks, one-third of all banks lost money in the fourth quarter, and only 36% reported year-over-year increases in quarterly earnings. The banks are clearly bracing for more bad news, setting aside more than 50% of their operating revenue to cover possible loan losses...

Author: /time Magazine | Title: FDIC Reports That Bank Failures Are Rising | 2/27/2009 | See Source »

...Knows only a bit of Spanish, the mother tongue of one-third of Catholics in the New York City Archdiocese...

Author: /time Magazine | Title: New York Archbishop Timothy Dolan | 2/26/2009 | See Source »

...result, wind turbines now dot Denmark, the country gets more than 19% of its electricity from the breeze (Spain and Portugal, the next highest countries, get about 10%) and Danish companies control a whopping one-third of the global wind market, earning billions in exports and creating a national champion from scratch. "They were out early in driving renewables, and that gave them the chance to be a technology leader and a job-creation leader," says Jake Schmidt, international climate policy director for the New York City-based Natural Resources Defense Council. "They have always been one or two steps...

Author: /time Magazine | Title: Denmark's Wind of Change | 2/25/2009 | See Source »

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