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Nearly a quarter of the homes listed for sale in the U.S. have had at least one price reduction, with an average discount of 10% off the original asking price, according to an analysis by the listings site Trulia.com. The analysis shows that of the nation's 50 largest cities...

Author: /time Magazine | Title: Housing Woes: Price Reductions Are Proliferating | 7/11/2009 | See Source »

Ranking cities by the extent of price reductions gives Detroit the title of most discounted city. The average markdown in Motown is 21% off the original listing price. That figure doesn't include foreclosed properties - and would surely be higher if it did. The next largest average markdowns can be...

Author: /time Magazine | Title: Housing Woes: Price Reductions Are Proliferating | 7/11/2009 | See Source »

Another wrinkle: once the initial attack (wherever it may have originated) was under way, it's entirely possible that other, unconnected hackers joined the fray. "If you're a hacker, and you see something like that going on, you can use the opportunity to test out your capabilities, masking them...

Author: /time Magazine | Title: Is North Korea Behind the Cyberattacks? | 7/10/2009 | See Source »

As the recession continues to bite, sex workers from Bangkok to Berlin share Goy's frustration. "People just don't spend that freely anymore," says Anke Christiansen, co-founder of Hamburg's Geizhaus ("Das Original Discount Bordell") where visitor numbers have dropped by as much as 20% since the crisis...

Author: /time Magazine | Title: From Bangkok to Berlin, Hard Times Hit the Sex Trade | 7/9/2009 | See Source »

Suspicion also surrounds Scotland Yard, which chose not to notify those targeted by the hackers and said on July 9 that it would not investigate the claims because no new evidence has come to light since its original investigation in 2007. (Read "A Case for Scotland Yard.")

Author: /time Magazine | Title: London Tabloid Shocker: Celeb Phones Hacked! | 7/9/2009 | See Source »

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