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...slight shift since the last Fed statement. At the end of April, the FOMC worried that "inflation could persist for a time below rates that best foster economic growth and price stability in the longer term." This time the wording was shortened to a simple prediction that "inflation will remain subdued for some time...

Author: /time Magazine | Title: The Fed Holds Steady: Mixed Signals on the Economy | 6/24/2009 | See Source »

...volunteers - 13 men and 14 women - and sat them at computer screens where they were randomly shown pictures of 50 healthy and attractive babies and 30 others with distinct facial irregularities such as a cleft palate or a skin condition. The volunteers were told that each picture would remain on the screen for four seconds but they could shorten that time by clicking one key or prolong it by clicking another. What the researchers wanted to learn, Elman explains, is how much effort people were willing to exert to look at pictures of pretty babies or avoid pictures of less...

Author: /time Magazine | Title: Is an Ugly Baby Harder to Love? | 6/24/2009 | See Source »

Battles over finances and custody remain the Iwo Jima and Stalingrad of divorce cases. Opposing lawyers will press any advantage they have, and personal information on sites like Facebook, MySpace and LinkedIn is like decoded bulletins from enemy territory. "It's now just routine for us to go over with clients whether they have an active presence on the Web and if they Twitter or have a MySpace page," says Joseph Cordell of Cordell & Cordell, a domestic-relations law firm with offices in 10 states. He advises his mostly male clients to scour their page - and their girlfriend...

Author: /time Magazine | Title: Facebook and Divorce: Airing the Dirty Laundry | 6/22/2009 | See Source »

Since then, public spats with Israel have been the third rail of U.S. foreign policy. If Obama loses his current showdown with Israeli Prime Minister Benjamin Netanyahu, they could well remain so for a generation. But luckily for Obama - and unluckily for the supporters of the political status quo in Washington and Jerusalem - he's not likely to lose...

Author: /time Magazine | Title: Why Obama Should Keep the Heat on Israel ... | 6/22/2009 | See Source »

...that state TV and radio cease broadcasting his songs. Shajjarian's anthems helped galvanize the Islamic revolution of 1979 and retain today their evocative and emotional pull. "I emphatically asked IRIB not to broadcast my voice, because this is the voice of the dirt and dust and will always remain so," he said in an interview with the BBC, referring to the denigrating term "dirt and dust" with which Ahmadinejad has labeled the protesters...

Author: /time Magazine | Title: State Television Becomes a Focus for Iranian Anger | 6/22/2009 | See Source »

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