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Severe unemployment certainly boosts business for pawnshops, but so too does the high price of gold. The precious metal's price is up to more than $1,200 an ounce, vs. about $860 in January 2009. Suddenly, dusting off that old flame's gold necklace is an easy way to...

Author: /time Magazine | Title: Pawnshops Flourish in Hard Times, Drawing Scrutiny | 1/14/2010 | See Source »

At times, the top executives did contend that regulation might have been too loose leading up to the crisis, but they stressed that that was no longer the case. All thought that the government needed the power to resolve large troubled institutions. Brian Moynihan, CEO of Bank of America, said...

Author: /time Magazine | Title: Bank CEOs Continue to Fight Financial Reform | 1/14/2010 | See Source »

Blankfein even seemed to show some support for a consumer financial-product regulator, saying he thought there should be more attention paid to how financial markets interact with the retail market. But when it comes to more restrictions on the way large Wall Street firms like Goldman do business, Blankfein...

Author: /time Magazine | Title: Bank CEOs Continue to Fight Financial Reform | 1/14/2010 | See Source »

But a new study in the journal Science suggests that such thinking is too good to be true. And the problem is drug resistance. Extensive antiretroviral treatment can result in the development and transmission of drug-resistant strains of HIV - something the Lancet study did not consider. In the new...

Author: /time Magazine | Title: New Study Raises Concerns About HIV-Drug Resistance | 1/14/2010 | See Source »

The warm, waterlogged soil of wetlands is prime habitat for the anaerobic microbes that produce methane - and in general, the warmer and wetter, the more the methane. Since rice paddies are kept underwater during the wet growing season in Southeast Asia and other major rice producing areas, paddies too serve...

Author: /time Magazine | Title: How Wetlands Worsen Climate Change | 1/14/2010 | See Source »

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