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...Major League Baseball amateur draft. On the surface, it was a no-brainer. Strasburg, who went 13-1 with a 1.32 ERA in his final season with San Diego State, was unanimously agreed to be the best player available; some experts even called the 20-year-old starter “the best pitching prospect ever.” By draft day, it was unthinkable that the first-picking Nats would choose anyone else...

Author: By Nathaniel S. Rakich | Title: Error to the Pitcher | 7/6/2009 | See Source »

...first-time home buyers. The federal government's $8,000 first-time home buyer tax credit provided a lot of the boost. That means if you're trying to sell a house that a first-time home buyer probably wouldn't purchase - anything that's not priced as a starter home - you're not likely to feel the benefit of a faster moving inventory. And if you're trying to sell a high-end house, you're really out of luck. (See high-end homes from across the country that, despite steep markdowns, just won't sell...

Author: /time Magazine | Title: Home Sales Perk Up, but Expensive Houses Languish | 7/1/2009 | See Source »

...customers. As a consequence of Pyongyang's recent bellicose behavior, a new U.N. resolution passed this June forbids the country from exporting arms and authorizes member states to search North Korean vessels suspected to be carrying them, though they must first seek Pyongyang's legal consent - effectively, a non-starter. Nevertheless, the U.S.S. John McCain, an Aegis class destroyer, has been tailing the freighter and will be replaced now by the U.S.S. McCampbell as the Kang Nam 1 nears the Straits of Malacca and Singapore, perhaps the world's biggest maritime pit stop. The city-state's government says...

Author: /time Magazine | Title: Why Burma May Be North Korea's Best Friend | 6/26/2009 | See Source »

...echo boomers are entering their peak household formation years of 25-44 with more than 5 million more members than the baby boomers had in the 1970s. The echo boomers will help keep demand strong for the next 10 years and beyond, bolstering the markets for rentals and starter homes...

Author: /time Magazine | Title: The State of the Nation's Housing | 6/23/2009 | See Source »

...leaders of the Republican Party, a public health-care-insurance option is a "non-starter," the first step on a slippery slope to socialized medicine; in the eyes of the American Medical Association (AMA), it could "restrict patient choice"; while for President Barack Obama, as he put it on Monday during his speech to the AMA in Chicago, it's an essential part of any health-care-reform package that would "put affordable health care within reach for millions of Americans...

Author: /time Magazine | Title: Will the Public Plan Make or Break Health Reform? | 6/16/2009 | See Source »

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