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...wages have increased only slightly - by just 4% during that same time period, according to Innovest. The savings rate has similarly declined relative to credit-card balances. Meanwhile, home equity, the biggest source of wealth for most families, has been drained by the mortgage crisis. "There isn't a cushion for anyone who has a bump in the road," says Levitin. "Credit cards are often the first place where we start to see all the other problems show up, from medical bills to divorce to a death in the family." And then, of course, there's unemployment. Thus...

Author: /time Magazine | Title: With Defaults Rising, Is a Credit-Card Crisis Looming? | 11/14/2008 | See Source »

...announced. Yet Dubai is vulnerable. As the gulf's business, transportation and tourism hub, it is more entwined with the global economy than many of its neighbors. And Dubai never enjoyed the profits from oil and natural gas that enabled sister emirate Abu Dhabi to amass a vast financial cushion...

Author: /time Magazine | Title: Doubting Dubai | 11/5/2008 | See Source »

...September. It's now possible that his knee will have to undergo another operation, which could delay his return until 2010. Staph seems to be the likely culprit, but neither Brady nor the Patriots will confirm that. During training camp staph infected a bursa sac, which acts as a cushion between bones, in Manning's left knee. The infection required surgery and forced him to miss most of the preseason. Though the Colts released a statement on Friday insisting Manning didn't contract a more perilous staph, the anti-biotic resistant strain known as MRSA (methicillin-resistant Staphylococcus aureus...

Author: /time Magazine | Title: A Slew of Staph Infections Tackles the NFL | 10/25/2008 | See Source »

...have grown an impressive 10.7% by the end of 2008, as channels like ESPN and Lifetime continue siphoning viewers away from broadcast TV. Next year cable ad revenues will grow only 4.7%, Kagan predicts, because of the recession. But when squeezed companies slash their advertising budgets, cable has the cushion of a second revenue stream - about 50% of its cash comes from affiliate fees paid by cable operators...

Author: /time Magazine | Title: How Will Recession Affect the Entertainment Biz? | 10/24/2008 | See Source »

Less than two minutes into the second frame, BC managed to cushion its lead. Eagles forward Kate Gillis had the ball outside of the circle and sent a through ball to teammate Kathleen Murphy. Uncontested, Murphy sprinted to her left and backhanded a shot between Stone’s legs for an insurance goal. Harvard’s offense picked up late in the second half when it began pressing BC’s defense. With roughly 14 minutes remaining, McCoy sprinted past her defender and had an open look on net, but she lost control of the ball...

Author: By Timothy J. Walsh, CRIMSON STAFF WRITER | Title: Harvard Falls Prey to Eagles | 10/22/2008 | See Source »

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