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...Most data that the government and national business associations will put out over the next several quarters is likely to appear two-edged, at least at first. Housing prices cannot go to zero, so, at some point, the rate at which home values are dropping will slow. Resale rates may go up, but buying homes which have been in foreclosure for months is an incorporeal piece of information. If buyers start to purchase homes on the normal economic basis of being a transaction between private buyer and private seller then the market will have something to celebrate. (See pictures...

Author: /time Magazine | Title: The Housing Mirage: Misleading Numbers | 3/24/2009 | See Source »

...home. But that's changing. Japan's economy is in freefall. In its latest assessment of the global economy published March 19, the International Monetary Fund forecast the country's output shrinking by 5.8% this year, much more than in the U.S. or eurozone. With interest rates close to zero for months now, there's speculation Japan could intervene to weaken the yen in order to help stoke its all-important export sector...

Author: /time Magazine | Title: Why the Norwegian Krone Is the World's Safest Currency | 3/23/2009 | See Source »

...says Gen. Robert Lennox, the U.S. Army's assistant deputy chief of staff for operations. The specifics required by the Army and the Marines are spelled out in the request for bids: blas-resistant, off-road vehicles that drive 65 mph, have 16 inches of ground clearance, accelerate from zero to 30 mph in 12 seconds and weigh no more than 10 tons. Oh yes, the winning bidder also has to be able to produce 500 to 2,000 vehicles within a couple of months...

Author: /time Magazine | Title: The Pentagon's Shopping List for Afghanistan | 3/20/2009 | See Source »

...everyone is invited.”Eliot: The CockpitCurrently, this co-ed suite on the fifth floor of Eliot’s C-entryway houses 10 people, and is located just a floor above another notorious Eliot party suite, the fourth floor’s “Ground Zero.” “Since we’re right above Ground Zero, which itself is on top of the Eliot Library, we never get noise complaints,” says current resident Eva L. Mihalis ’09. The giant common room with views...

Author: By Catherine A. Zielinski, CRIMSON STAFF WRITER | Title: Where the Party At: Harvard's Sweetest Party Suites | 3/18/2009 | See Source »

...Rating: AAA*. Quincy’s default risk is as close to zero as any house. No matter what your persuasion, Quincy will satisfy. So if you get The People's House, just imagine all the people ...who wish they'd blocked with...

Author: By Thomas J. Lawless | Title: The Housing Crisis: Quincy House | 3/17/2009 | See Source »

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