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That's no small chunk of change. Buying a home is the largest financial transaction most Americans ever take part in. The nation's housing equity--home values minus mortgage debt--is worth more than $7 trillion and accounts for the largest slice of most individuals' net worth. Yet buying and selling remain "horrendously expensive and full of hidden traps," Sealey notes...

Author: /time Magazine | Title: The Commission Squeeze | 1/23/2005 | See Source »

...John Kerry used to start off by letting the audience know that he didn’t favor taking from the rich to give to the poor. His programs, he claimed, were all about the middle class. Kerry didn’t win the middle class (depending how you slice it) and he clearly didn’t get the kind of victory he needed from that group. Whatever he had to offer them wasn’t worth...

Author: By Samuel M. Simon, | Title: Lessons from the Evangelists | 1/21/2005 | See Source »

...poorly on a paper you wrote without the delay of procrastination, you might deem yourself mediocre. An alternative explanation is that students procrastinate simply because they can: as academic superstars, they don’t need to utilize all of their time. No matter how you slice it, as long as there is a reading period there will be two extra weeks to procrastinate. The decision to work (or not to work) is yours to make—that is, if you get around...

Author: By William L. Adams, | Title: I've Got All the Time in the World | 1/12/2005 | See Source »

...business at local rental shops, which serve folks looking to replace a car in the shop or to rent wheels for business and leisure travel, is growing 5% to 10% a year. That's why airport heavyweight Hertz, a Ford subsidiary, is making an all-out assault on the slice of the business that Enterprise dominates with about 5,200 shops and two-thirds market share. Hertz, with about 1,300 nonairport locations, is expanding the number of its neighborhood locales about 25% a year and projects that by the end of next year, annual sales will hit $1 billion...

Author: /time Magazine | Title: Services: The Car Wars Get Local | 12/17/2004 | See Source »

...costs of treating those kids when they become obese adults is expected to hit $40 billion a year for Texas alone. But hardly anybody seems willing to do much about the problem. Cash-strapped school districts are reluctant to give up their slice of the $104 million that outside food vendors make in the state from the likes of super-size sodas and pizzas each year. Although California was the first state to forbid soft-drink sales at elementary and junior high schools last year, bans on junk food in schools face opposition across the U.S. A bill by Iowa...

Author: /time Magazine | Title: The Cafeteria Crusader | 12/17/2004 | See Source »

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