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University President Lawrence H. Summers might have raised a ruckus over women in science during the 2005 fiscal year, but Harvard raised his pay nonetheless. Summers’ salary increased to $563,119, marking a 7.7 percent hike, according to tax records released this week...

Author: By Daniel J. Hemel, CRIMSON STAFF WRITER | Title: Summers Snags 7 Percent Pay Hike | 5/19/2006 | See Source »

...motivated the opposition to copy New Labour's popular centrist policies. After years in the wilderness, the rival Tories have rallied behind Cameron, 39, who is stressing ecology, international development and the promotion of women and ethnic minorities instead of old Tory standards like immigrant bashing and tax cutting. A recent survey shows the Tories would beat Labour if a general election were held now, 37% to 31%. "Blair's legacy is also Cameron's Conservatives," says Sunder Katwala, general secretary of the Labour-affiliated Fabian Society. "The Tories' shift is really New Labour's moment of victory...

Author: /time Magazine | Title: Letter From London: Labour's Love Lost | 5/16/2006 | See Source »

...computer game alone can cure adolescent financial ignorance. Some curriculum experts wonder why high schools are still teaching algebra, trigonometry and calculus but not the financial skills their students will need to survive in the real world, such as how to fill out tax forms, compare interest rates or calculate the return on an investment. "More schools need to offer money-management classes," says Lewis Mandell, a finance professor at the State University of New York at Buffalo who oversaw the JumpStart research. "The curriculum has to be made relevant to their lives...

Author: /time Magazine | Title: Money: The ABC's of Money | 5/15/2006 | See Source »

...screw up the pattern. So it ever goes on Wall Street, where seasonal stock moves that make sense ultimately disintegrate amid competition to wring the most out of them. Buying retail stocks ahead of Christmas hardly ever works. The "January effect," in which stocks that were sold off for tax reasons at year's end rebound to start the year, now arrives in December. Skepticism is useful anytime a new event-driven strategy surfaces...

Author: /time Magazine | Title: How to Score | 5/15/2006 | See Source »

...talked much about crime during the campaign, everyone in New Orleans knows it is almost as important to the recovery as the levees. If crime returns in full force, many people--as well as businesses--simply will not go back. If people do not go back--feeding the tax base and bringing jobs and stability--the crime rate will become even worse...

Author: /time Magazine | Title: The Gangs of New Orleans | 5/14/2006 | See Source »

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