Word: thirds
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...auto lending, however, bad credit doesn't seem to be a hindrance. Slightly more than 36% of the car loans made by banks and finance companies in the fourth quarter of 2009 were to subprime borrowers, according to Experian Automotive, up from 34% in the third quarter. Still, borrowers have to pay more to get those loans. The interest rate on loans to finance purchases of used cars for buyers with credit scores of 550 or less climbed to nearly 18% at the end of last year. That's nearly 2 percentage points higher than those same customers were being...
...pitch. The pair won the next round of bidding, but that decision sparked a chorus of complaints from U.S. legislators about American contracts (and tax dollars) going to a European business - and it was later overturned in an appeal filed by Boeing. The Pentagon reopened the bidding for a third time earlier this year. But this time, EADS said, the terms of the process "clearly favored" Boeing, prompting its decision to bow out on Monday. (See a TIME video on French business...
...time her baby daughter was 4 months old, Byrd had fed her exclusively with expressed breast milk and had stashed away enough milk in a deep freezer (she estimates she pumped an extra 3,500 oz.) to last until her child turned 1. After the birth of her third child, in 2009, she pumped for 8½ months, bottle-fed and, again, stored enough milk for a year. (Comment on this story...
Despite the general bias toward breast-feeding, mothers like Byrd say pumping was the only feeding option that made the first years of their newborns' lives manageable. "People need to understand that after breast-feeding from the breast and bottle-feeding with formula, there is a viable third option for feeding your infant - and that's exclusively pumping," Byrd says. "And all mothers should have a right to choose this option and receive the support and care they deserve from their doctors and families...
...hope gap has never been greater than it is now. Despite two wars and a nasty recession that has hit young people hardest, the Pew survey found that 41% of millennials are satisfied with how things are going, compared with 26% of older people. Less than a third of those with jobs earn enough to lead the kind of life they want--but 88% are confident that they will...