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...dawn of the 21st century, America is, if nothing else, the land of the bargain. Big-box stores like Wal-Mart dominate the retail landscape, peddling middling goods at rock-bottom prices. Higher-end stores put their merchandise on sale like clockwork; if you wait a little longer, you can get it even cheaper at a factory outlet. Afterward, you can fill up on all-you-can-eat shrimp at Red Lobster for $15 - truly, the American Dream...

Author: /time Magazine | Title: What Cheap Stuff Really Costs Us | 7/2/2009 | See Source »

...houses worth more than $1 million dollars. So far this year, they haven't sold any. That's why Hiban, like agents across the country, has retooled his business to target homebuyers of more modest means. "I'd rather have five sales for $200,000 than to sit and wait for $1 million," says Hiban, who now markets to first-time buyers and takes foreclosure listings from nine different banks. (See 25 people to blame for the financial crisis...

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

...Wait,” the woman said, “Is it true there are grocery stores in the apartment buildings here...

Author: By Emily C. Graff | Title: A Girl's Guide to Subway Etiquette | 7/1/2009 | See Source »

...health-insurance workers displaced by it. But it looks as though we once again may wind up with what the lobbyists for Big Pharma and insurance want us to have, thereby guaranteeing their continued profits and campaign donations. It is discouraging to see business prevailing as usual while Americans wait to have a system that's at least as good as those of other industrialized nations. Jean Quinlan, STAUNTON...

Author: /time Magazine | Title: Inbox | 6/29/2009 | See Source »

...body of information about Iran circulating on Twitter is chaotic, subjective and totally unverifiable. But here's a measure of its new role in international politics: engineers delayed a planned network upgrade that would have taken the system down at the height of the protests after being asked to wait by the U.S. State Department...

Author: /time Magazine | Title: The Moment | 6/29/2009 | See Source »

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