Saturday, February 21, 2009

TIME Daily News 24/7

Today's Top Stories

With a New Budget, Now Californians Brace for the Pain

By KRISTIN KLOBERDANZ / MODESTO

Politicians and economists may be glad to finally have a budget but now the people of the state have to live with it. And a spending cap referendum is on the way

iPod Safety: Preventing Hearing Loss in Teens

By ALICE PARK

A new study of teen iPod use confirms what you already knew: many kids listen to their music too loud, but aren't aware they're risking their hearing

Are Mixed-Race Children Better Adjusted?

By JOHN CLOUD

A new study suggests that kids with a biracial identity may be psychologically better off than their peers who belong to a single ethnic group.

Queen of the Aisles

By NANCY GIBBS

The recession may be killing the economy, but anyone with a wallet and a strategy feels like a royal

Has Italy's Left Found its Own Obama?

By JEFF ISRAELY

Unlike most Italian politicians, Matteo Renzi is not happy to quietly wait his turn. That's a good thing

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TIME Blogs

Swampland

By JOE KLEIN

This is typically excellent work by Fred Kaplan, especially these two paragraphs.

Special Package

TIME's Oscar Guide: Best Picture

It's Hollywood's biggest night of the year, and TIME film critic Richard Corliss has all the answers: Who's going to win, who will be robbed and who was just plain snubbed

Quotes of the Day

"They were once givers, and now they're having to ask for assistance."
BRENDA BEAVERS,
human-services director for the New Jersey Salvation Army, on the increase in people having to utilize the group's food pantries as a result of the recession
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Postcard from...

Paris

On Auction: The Art that Inspired Yves Saint Laurent

By Jeff Israely / Paris

As the fashion visionary's stunning art collection goes under the hammer, it's a chance to explore the relationship between high culture and haute couture

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