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...key point is that more buyers are relying on plastic - for debit purchases. That's partly why transaction volume has remained strong even as spending declines; for the first time ever, in 2006, U.S. consumers made more debit purchases than credit charges. The funds may be pre-paid or come directly from checking accounts, but the debit cards are often Visa-branded. And because it's easier to obtain a debit card than a credit card, even people who have never qualified for a credit card before are enjoying the convenience of going cash-free...

Author: /time Magazine | Title: Why Visa's IPO Is Hot | 3/19/2008 | See Source »

...embryo is a whole, living member of the human species in its earliest stage of development, not just a potential one or a part of one." This leaves out one critical factor: a mother's uterus is needed to complete gestation. Until we recognize the mother as the vital, key component to creating new life, we will continue to make egregious errors in public policy. Abby Loberg, GRANBY, COLO...

Author: /time Magazine | Title: For Better or for Worse | 3/19/2008 | See Source »

...key result was the respectable showing of pragmatic conservatives opposed to President Mahmoud Ahmadinejad, and their emerging alliance with reformists. Tehran's Mayor Mohammed Qalibaf, a likely challenger in next year's presidential election, says a centrist bloc is taking shape. "Our people are tired of extremism," he told TIME. Many are tired of Ahmadinejad, too; the economy is a shambles and his abrasive foreign policy has choked off foreign investment...

Author: /time Magazine | Title: A Gentler Iran | 3/19/2008 | See Source »

...another shot at the Ivy League title.Senior starting pitcher Shawn Haviland—who put up a 3-3 record and a 4.26 ERA last year while struggling with a stress fracture in his ribs—enters 2008 healthy and ready to go. He will provide a key experienced presence in the rotation.“The kid wants it,” Walsh says. “I don’t know if I’ve ever wanted anybody more on the mound than Haviland in a big game. ”Haviland joins returning starters...

Author: By Nick Traverse, CRIMSON STAFF WRITER | Title: Adversity Fuels Harvard Road Warriors | 3/19/2008 | See Source »

...ponderous pace of efforts to improve the site may, however, be in keeping with its history. Stonehenge was probably built in three key stages, roughly between 3050 B.C. and 1500 B.C. The identity of its builders, and its purpose, may never be known. Various theories suggest it may have been a place of worship or have astronomical significance. Since Victorian times, it has been popularly linked to New Age beliefs, particularly neo-Druidism - even though archeologists have shown that it was built long before Druidism arrived in England. Still, summer solstice gatherings by New Agers once drew huge crowds...

Author: /time Magazine | Title: The Not-So-Silent Stones | 3/18/2008 | See Source »

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