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...details of how, exactly, monthly payments will be lowered has raised concern in certain quarters. In a news conference explaining the program, James Lockhart, who runs the agency that oversees Fannie and Freddie, highlighted three tacks: reducing interest rates, extending the length of loans and, in some cases, deferring payment on part of the principal. There is a big difference, though, between permanently reducing an interest rate and doing it temporarily. And the new program doesn't forgive principal, only defers it, which may not go very far at a time when some 18% of mortgage holders owe more...

Author: /time Magazine | Title: Fannie and Freddie Offer New Plan to Help Homeowners | 11/12/2008 | See Source »

...disease, cancer and fracture risk - half were given 1,000 mg of calcium and 400s IU of vitamin D daily, while the other half were not. After seven years, 528 women in the supplement group and 546 women in the control group had developed invasive breast cancer, an equivalent rate, indicating no effect from the vitamin D. Earlier observational trials had found positive links between women's taking higher amounts of supplemental vitamin D and lower breast-cancer rates, and animal studies had also suggested that the vitamin might prevent the disease. The WHI trial hints that the relationship...

Author: /time Magazine | Title: Can Vitamin D Protect Against Breast Cancer? | 11/12/2008 | See Source »

...study found that 99 cardiovascular events occurred among all volunteers. The incidence rate was about 33% higher among people who slept less than seven and a half hours a night and had elevated overnight blood pressure - the so-called "riser pattern" - compared with longer sleepers. But those who slept less than seven and a half hours a night yet experienced no overnight hypertension showed no increased cardiac risk; their rate of heart disease was the same as that of the long sleepers. Particularly when it comes to elderly patients, the authors write that "physicians should inquire about sleep duration...

Author: /time Magazine | Title: Too Little Sleep Adds to Risks of Hypertension | 11/12/2008 | See Source »

...research. Longer sleep is, therefore, especially vital for patients who already have high blood pressure. Maintaining a consistent sleep pattern is also important - tampering with the body's circadian rhythm is associated with a variety of hormonal, metabolic and cardiovascular problems. In late October, Swedish researchers reported that the rate of heart attacks jumped following daylight savings time shifts in the spring and fall. "Our data suggest that vulnerable people might benefit from avoiding sudden changes in their biologic rhythms," Dr. Imre Janszky of the Karolinska Institute in Stockholm wrote...

Author: /time Magazine | Title: Too Little Sleep Adds to Risks of Hypertension | 11/12/2008 | See Source »

...exactly when and where the money will be spent were not revealed, Sunday's announcement did make it clear that the government not only aims to boost its spending on infrastructure and projects but also seeks to get notoriously savings-obsessed Chinese consumers - who boast the highest household-savings rate in the world - to do more spending of their own. The package proposes to do this by, among other things, cutting taxes and abolishing existing limits on commercial banks' credit-lending. The plan also advances the government's oft stated desire to improve living conditions in the countryside, where residents...

Author: /time Magazine | Title: A New Deal for China? | 11/10/2008 | See Source »

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