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...might not know it from the near unanimously bad reviews so many different interested parties are giving it. Groups as disparate as the U.S. Chamber of Commerce, Greenpeace, Friends of the Earth, the Farm Bureau, the American Petroleum Institute and the National Association of Manufacturers have expressed either strong concerns or outright opposition to the bill...

Author: /time Magazine | Title: Global-Warming's Rough Ride Through Congress | 6/26/2009 | See Source »

...leading the way on carbon-trading, are very much in the game, particularly in recycling and solar and wind power. Japan, China and South Korea also have some delicate issues to settle. One of the most contentious is likely to be intellectual-property protection, which is not particularly strong in China. And the U.S. may still be a contender. Sputnik sparked an extraordinary American effort that culminated in Neil Armstrong's 1969 moon walk, which sealed the U.S.'s supremacy in space. Last month, Washington launched a $25 billion program to extend cheap loans to carmakers to help in reconfiguring...

Author: /time Magazine | Title: Asia Challenges the U.S. for Green-Tech Supremacy | 6/25/2009 | See Source »

...fact, gone may be too strong a word. The Fed, and the rest of us, are in uncharted territory. We've just been through a financial shock that was in some ways worse than the one that set off the Great Depression. The policy response from the Fed and Congress was pretty much the diametric opposite of that of the early 1930s, so the hope is that things will turn out better this time. But we just don't know...

Author: /time Magazine | Title: The Fed Holds Steady: Mixed Signals on the Economy | 6/24/2009 | See Source »

...Homeland Security Secretary Janet Napolitano has acknowledged complaints like Goukassian's. Earlier this month, Napolitano, facing a growing number of lawsuits stemming from the so-called widow penalty in U.S. immigration regulations, suspended the rule's enforcement. "Smart immigration policy balances strong enforcement practices with commonsense, practical solutions to complicated issues," she said. Critics have been harsher, suggesting that imposing the provision made authorities look petty if not heartless...

Author: /time Magazine | Title: Will Congress End the Immigration 'Widow Penalty'? | 6/24/2009 | See Source »

...replacing the far smaller baby-bust generation in the young-adult age group. Indeed, the 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 »

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