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The looming expiration of two major federal programs - the home-buyer tax-credit initiative and the Federal Reserve's $1.25 trillion mortgage-securities-purchase program - likely won't wipe out the recovery currently under way in the battered housing sector, but it could stall it, experts say.

Author: /time Magazine | Title: Get Ready for a Painful 'Hockey Stick' Housing Recovery | 3/26/2010 | See Source »

An area of fierce contention in the regulatory debate is that of an independent Consumer Financial Protection Agency, but such an institution is vital. Complex financial products wrought destruction on everyone from pension fund-owners to everyday homeowners. An independent CFPA would regulate financial “innovations�...

Author: By Ravi N. Mulani | Title: A Full Overhaul | 3/25/2010 | See Source »

The men chosen to lead China into outer space are often referred to locally as "superhuman beings" - and not just because they train to cross the final frontier. Would-be taikonauts have to meet near impossible standards that are meant to weed out the less-than-flawless. Chinese astronauts cannot...

Author: /time Magazine | Title: China's Female Astronauts: Must Be a Married Mom | 3/25/2010 | See Source »

Federal Reserve Board: A recent resignation leaves three vacancies

Author: /time Magazine | Title: The World | 3/22/2010 | See Source »

The world's most populous democracy is moving to increase the proportion of its female lawmakers. On March 9, the upper house of India's Parliament passed a bill--first proposed nearly 15 years ago--that would reserve one-third of seats in the national and state legislatures for women...

Author: /time Magazine | Title: The World | 3/22/2010 | See Source »

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