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...merchants contend that if interchange fees are lowered, they would pass on the cost savings to consumers through lower prices for goods - at least that's the theory...

Author: /time Magazine | Title: Retailers Ready for Fight on Credit-Card Fees | 9/17/2009 | See Source »

...victory. Tallying four goals off of breakaways or odd-man rushes, the team capitalized on several easy scoring opportunities. Atkinson was responsible for two of these, scoring twice in the first two minutes of the second quarter. 30 seconds into the period, the captain harnessed a long pass from the Crimson end and tossed a soft lob over the head of the MIT goalkeeper and into the net. Just over 30 seconds later, he struck again, taking a feed from Balaraman and burying it in the back of the goal, giving Harvard a 4-1 lead. The first half...

Author: By Charlie Cabot, CRIMSON STAFF WRITER | Title: Harvard Enjoys Welcome Home Win Over MIT | 9/17/2009 | See Source »

...nationalize the entire health-care system. After all, the Administration's proposal to restructure the student-loan industry is, in many respects, much closer to an actual government takeover than its relatively tame market-driven health-reform plan. But as the House holds hearings and looks likely to pass a student-loan bill this week, it's clear that the education overhaul is not going to be the high-pitched battle that opponents and the White House once expected...

Author: /time Magazine | Title: Obama's Student-Loan Plan: A 'Good' Takeover? | 9/16/2009 | See Source »

...service" the loans - performing administrative tasks such as answering student inquiries and collecting payments - the total amount of jobs lost will actually be much less. It doesn't hurt the Administration's case that over a year ago, when the credit crunch paralyzed the markets, Congress had to pass a law allowing the Department of Education to buy student loans back from the lenders to ensure that money would continue to flow to students. Approximately three-quarters of the FFEL loans in the 2008-09 academic year were already in the hands of the government. (See pictures of college mascots...

Author: /time Magazine | Title: Obama's Student-Loan Plan: A 'Good' Takeover? | 9/16/2009 | See Source »

...Peru's signature creation, ceviche. But that is just the beginning. He sees New York City as the real launching pad for rapid expansion. "If we make it in New York, we will be ready to green-light all of our brands," he says. "But first we need to pass the test there." Acurio has scouts checking out the city, looking for the right location for the right price. He hopes to firm up a deal shortly. (See pictures of what the world eats...

Author: /time Magazine | Title: Peru's Plans for Global (Foodie) Conquest | 9/16/2009 | See Source »

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