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...Sept. 30, 2008, just as the [economic] crisis was accelerating," the authors noted. "Also, there is an expected time delay between the moment someone loses her job or home and the moment she enters the shelter system." While the agency plans to begin issuing quarterly "pulse reports" to keep pace with the issue, counting people who have fallen through society's cracks is no easy task. The Obama Administration's $787 billion economic-stimulus package allots $1.2 billion for combating homelessness, but without a full understanding of the problem's scope - and with the unemployment rate creeping toward double digits...

Author: /time Magazine | Title: The State of Homelessness in the U.S. | 7/13/2009 | See Source »

That might seem more like science fiction than reality, but given the pace of stem-cell research, it may not be that far off. "We have the potential therapeutic use of a technology that pushes the boundaries of what people feel comfortable with ethically," says Hyun. With more advances like this one likely to come in months if not weeks, that comfort level will have to catch up quickly...

Author: /time Magazine | Title: Scientists Create Human Sperm from Stem Cells | 7/8/2009 | See Source »

...those revisions may be on the horizon very soon. "These NIH guidelines represent a reasonable compromise, based on where the science stands today," says Dr. Sean Morrison, director of the Center for Stem Cell Biology at the University of Michigan. "But this field is evolving at an incredibly rapid pace, and it may be necessary, down the road, to revisit some of the elements on this policy as the science evolves...

Author: /time Magazine | Title: New Rules Expand Federal Funding of Stem Cells | 7/7/2009 | See Source »

...sales, really? After edging up in May, sales dropped again in June below the 10 million-unit annual sales pace, which puts new vehicle sales at the slowest pace since the recession in 1958 - a downturn that forced some carmakers, notably Packard, to shut their doors for good. Meanwhile, each of the Big Six (the three domestic carmakers plus Toyota, Honda and Nissan, which together account for 75% of all vehicle sales in the U.S.) reported double-digit declines in sales. The declines ranged from 11% at Ford to nearly 42% at Chrysler. German automakers such as Volkswagen, BMW, Porsche...

Author: /time Magazine | Title: How Bad Are Auto Sales? 10 Questions and Answers | 7/6/2009 | See Source »

...boats or RVs sitting in driveways. But splurging never really took hold here as it did in much of the rest of the country. Mortgage data show that the sorts of loans that landed so many home buyers in trouble elsewhere were written at a much slower pace here (in 2004, when 18% of borrowers in the U.S. were taking out subprime loans, only 6% of those in North Dakota were). "It's no secret that we're a little more conservative than the rest of the country," says John Jessen, president of Bismarck's BlackRidge Bank. "We just haven...

Author: /time Magazine | Title: Bismarck: The Town the Recession Missed | 7/6/2009 | See Source »

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