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...More than a year - and a half a dozen rescue plans - later, little progress has been made in turning the tide. The nation's foreclosure rate has risen every month since the middle of 2007, according to FirstAmerican LoanPerformance, which tracks the mortgage market. As of August, nearly 3% of all home loans were in foreclosure, and a further 6% were more than 60 days late on their mortgage payments. But the picture is far grimmer among subprime borrowers, those with less-than-perfect credit: As of July, nearly one-third of those borrowers were more than 60 days late...
Initiative with 11 subjects. Setting up a free account even allows users to track their progress in the same way students track grades...
...trappings of luxury” in Shanghai, as well as the “huge change” they have represented. “The mentality is to be a successful entrepreneur—to get rich is glorious, and those who do so achieve national progress,” he said. Spelman, now retired, also discussed how the personal values of the Chinese have been affected by profound social and political change, the trajectory of China’s political and economic structure, and how the United States should respond to China’s modernization efforts...
...American Mathematical Society, the United States is failing to develop the math skills of both girls and boys, particularly among those who could shine at the highest levels. Eastern Europe and Asia, on the other hand, place higher emphasis on rewarding mathematical skills, creating cultures that value progress and achievement in math far more than we do in the United States. Requiring that students merely perform just well enough to make the grade provides little motive to excel. In America, it seems, this paradigm holds true. The study suggests that while many girls have exceptional talent in math?...
...problem for voters today is that crisis comes in triplicate: Would McCain be better suited to the challenge of another terrorist attack? Is Obama's deliberate style more likely to yield progress against a challenge like climate change? And who can navigate a path through an economic crisis hardly anyone understands? Not only can't you know what a President will face, but his reflexes in one crisis may not be typical of how he responds to another. President Kennedy's temperament has been defined by his ingenuity and cool head during the Cuban missile crisis. "That's not necessarily...