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...Normal Now, there are signs in some places that we are nearing an end to the downward spiral that reduced house prices 32% nationwide and, according to the Mortgage Bankers Association, erased $3.5 trillion worth of home equity. New-home sales are ticking up, and for the first time in three years, the S&P/Case-Shiller home-price index, which tracks changes in home prices in 20 U.S. cities, has shown a monthly gain...

Author: /time Magazine | Title: How the Housing Market Is Fighting Its Way Back | 8/10/2009 | See Source »

...current mission was quite different. In addition to freedom for Ling and Lee, Clinton no doubt intended to explore ways to arrest the diplomatic downward spiral that's ensued since Obama entered the White House in January. The North has tested its second nuclear bomb (the first test was in October 2006) as well as a long-range missile and has said it has no intention of ever rejoining the so-called six-party talks - the Bush Administration's ultimately futile attempt to get the North to, in effect, re-enact the Agreed Framework of the Clinton era. (See pictures...

Author: /time Magazine | Title: Freed U.S. Journalists Arrive Home | 8/5/2009 | See Source »

...major chunk of the population of that region, who fled the fighting only to be detained in overcrowded internment camps. Without that crucial first step toward peace, Sri Lanka's alienated Tamils may never feel truly part of the nation. "If that does not happen, we are in a downward spiral in every way," says Vasudeva Nanayakkara, a Sri Lankan politician who has known Rajapaksa for more than 40 years as a friend and frequent ally in Parliament. "The way in which the state treats the victims of the conflict - that will be the basis on which national unity will...

Author: /time Magazine | Title: Mahinda Rajapaksa: The Hard-Liner | 7/27/2009 | See Source »

...kinetic energies consistent with a thrown spear, the pig's rib bore damage resembling Shanidar 3's isolated rib puncture. What's more, Churchill found that the weapon that killed Shanidar 3 entered at about a 45-degree downward angle. According to Churchill, "That's consistent with the ballistic trajectory of a thrown weapon, assuming that Shanidar 3 - who was about 5 ft. 6 in. [1.67 m] tall - was standing." Churchill also found that Shanidar 3's rib had started healing before he died. By comparing the wound with wounds documented in medical records from the American Civil...

Author: /time Magazine | Title: CSI Stone Age: Did Humans Kill Neanderthals? | 7/24/2009 | See Source »

...This becomes the prototype, but in many ways that's quite removed from the daily lives of most American workers. Before this crazy crash of 2008, bankers always landed on their feet, almost always. Job insecurity isn't the same thing for the average American worker. They often experience downward mobility or don't land on their feet...

Author: /time Magazine | Title: An Anthropologist on What's Wrong with Wall Street | 7/22/2009 | See Source »

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