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...University of Wisconsin-Madison, and Deborah Reed, director of research at Mathematica Policy Research, set out to study how the changing makeup of American families has affected the number of people below the poverty line. Considering how the rate of marriage has fallen and the rate of divorce has risen, the researchers expected the number of people living below the poverty line to grow 2.6%. But when they looked at the data, poverty had increased by less than half that amount. (See photos of Carley Roney and David Liu, co-founders of the Knot...

Author: /time Magazine | Title: The Economic Benefits of Marriage: A Closing Gap | 9/19/2009 | See Source »

...though, the reporters' ghosts have risen again to haunt the governments of both Indonesia and Australia. On Sept. 9, Australia's Federal Police announced a war-crimes investigation into their deaths. Says Gary Cunningham's brother Greig: "We don't believe in the death penalty, but we want to see the people responsible face justice. They should be prosecuted on the evidence we now know." (Read "A Last Meeting with East Timor's Rebel Leader...

Author: /time Magazine | Title: Aussie War-Crimes Probe over Five Slain Journalists | 9/13/2009 | See Source »

...great recession hasn't been great for free trade. As unemployment has risen throughout the world, governments have become more focused on protecting their own industries than on promoting international commerce. The U.S., typically an enthusiastic supporter of open markets, included "buy American" clauses in its stimulus package and propped up its flailing auto industry with handouts. Although a meeting of ministers in New Delhi in early September promised to restart long-stalled World Trade Organization negotiations aimed at reaching a global consensus on freer trade, wide differences remain between developed and developing nations that make a final deal difficult...

Author: /time Magazine | Title: Fortress Asia: Is a Powerful New Trade Bloc Forming? | 9/7/2009 | See Source »

...fantasy league is off the charts. One site, TheUltimateTrophy.com just shipped an $800 prize to a fantasy-league commissioner. "Part of the jollies of fantasy sports is you get to stick it in the face of your buddies," says Tom Harkins, president of FantasySportsTrophies.com whose sales have risen 50% during the downturn. "That trophy says, I know more than you." It also says, I know how to spend money on stupid stuff...

Author: /time Magazine | Title: Fantasy Football: Is It Going to Our Heads? | 8/31/2009 | See Source »

...Japan managed to climb out of a yearlong recession in the second quarter, but its economy remains weak. Unemployment and anxiety over falling wages threatens to undermine any recovery. The jobless rate has risen to a record 5.7 percent. After a rapid succession of three administrations in three years, Japan is facing its worst crisis of confidence in decades...

Author: /time Magazine | Title: Japan Opposition Scrambles To Form Transition Team | 8/31/2009 | See Source »

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