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...humbug, says Cori Pursell, 45, a mother of two from Overland Park, Kans. For the past six years, she and her husband have made a concerted effort to rein in the holiday hoopla. "Rather than focus on the shopping calendar of Christmas, we're focusing on the spiritual aspect," Pursell explains. "We've decided to not even put up a tree until the third week of Advent, and we don't decorate it until the week before Christmas." Other holiday trappings have gone out the window altogether. Several years ago, the couple stopped swathing the house in knickknacks and frills...

Author: /time Magazine | Title: Holiday Trimming | 12/17/2004 | See Source »

...meaning in your own world as well. Some families rein in the gift frenzy and gain treasured time together by chipping in for a family ski trip or beach vacation. According to the Knox study, people reported having happier holidays when they instituted environmentally friendly practices like using a live Christmas tree or eliminating wrapping paper. Bill McKibben, author of Hundred Dollar Holiday: The Case for a More Joyful Christmas, suggests making presents or giving the gift of time, offering to help a sibling with homework or to pay for ballet lessons...

Author: /time Magazine | Title: Holiday Trimming | 12/17/2004 | See Source »

...they want a strong dollar, the open secret in Washington is that they are in no rush to make it happen. For one thing, the steps the U.S. must take to shore up the buck are painful, probably involving some combination of tax hikes and budget cuts to rein in the U.S.'s massive borrowing needs. The federal budget deficit tops $400 billion, and tallying all forms of money flowing in and out of the nation, the country's total accounts deficit will come to about $665 billion this year, or a record 5.7% of GDP. President George W. Bush...

Author: /time Magazine | Title: Wither The Dollar | 12/17/2004 | See Source »

...good offices of Barghouti, and those who share his standing among the hard men of the West Bank and Gaza, remain essential to Abbas's own ability to restart peace talks with Israel. Negotiations are a non-starter unless Abbas can rein in terror attacks - and to do that, he requires the consent of the militant rank and file committed to the intifada, since it's unlikely that he has the political standing even among Palestinian security personnel to prevail in a violent confrontation with the militias. Abbas's preferred method has been to negotiate cease-fire agreements with Hamas...

Author: /time Magazine | Title: Behind Barghouti's Palestinian Presidential Run | 12/6/2004 | See Source »

...prized assets of News Corp., which include the Fox TV group, publisher HarperCollins, filmmaker 20th Century Fox and satellite-TV firm DirecTV. Malone, 63, wants to resuscitate his image as a brilliant dealmaker and operator. Murdoch, 73, who has offices secured by fingerprint ID technology and keeps a tight rein on the company he built, is driven to pass on the business to his children...

Author: /time Magazine | Title: It's a Family Affair | 11/29/2004 | See Source »

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