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This is the time of year - second only to December, maybe - when we're reminded how much kids cost. It's nice when states suspend their sales tax for a week of back-to-school shopping, but it doesn't change the fact that somehow we have to start over in September: new sneakers, new notebooks, maybe a new lunch box, because SpongeBob is so last season. Even in hard times, economists have found, children are "recession resistant." As investments, they are living proof of irrational exuberance, a leading indicator of our loss of fiscal discipline...

Author: /time Magazine | Title: Raising a Child Costs Some $221,000, Before College | 8/24/2009 | See Source »

...them in the first place. Community centers and churches around the country are tuning in to the problem and hosting seminars in which parents try to reignite their relationship and figure out how to move forward as a twosome. Marriage therapists Claudia and David Arp call this stage "the second half of marriage...

Author: /time Magazine | Title: Learning to Live (and Love) in an Empty Nest | 8/24/2009 | See Source »

...find fulfillment in a business still largely about selling male fantasy; comely secretary Joan (Christina Hendricks) - a male fantasy incarnate - talking herself into happiness as the wife of a doctor who date-raped her last season; Roger (John Slattery), engineering a self-reinvention of his own with a second wife barely older than his scotch. The spectacular third episode weaves their stories together in a funny and touching fugue of character moments...

Author: /time Magazine | Title: Mad Men: The Pauses That Refresh | 8/24/2009 | See Source »

...have nothing but fun and music," the concert had turned great. Not all of it - 40 years later and still no one can explain why Sha Na Na was on the bill - but enough so that the collective memory is founded in something real. Performing live for just the second time, at 4 a.m. no less, Crosby, Stills & Nash delivered a riveting "Suite: Judy Blue Eyes." A few hours later, Jimi Hendrix treated the last 25,000 standing to their own national anthem. But Joe Cocker was the real king of Woodstock. We think of him now as a series...

Author: /time Magazine | Title: Woodstock: How Does It Sound 40 Years Later? | 8/24/2009 | See Source »

...past few weeks, all this has become controversial. Flash orders - a feature offered by some exchanges that allows high-volume traders the advantage of posting orders for up to half a second and then removing them - have drawn the ire of the authorities. Related revelations about the high-speed, almost fully computerized nature of modern stock markets have occasioned no small amount of fear and loathing. (See pictures of a Madoff family album...

Author: /time Magazine | Title: Bernie Madoff's Other Legacy | 8/24/2009 | See Source »

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