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The fact that the average American home is slowly but surely shrinking - and will most likely continue to do so if and when the country shakes off its current financial woes - isn't exactly revolutionary news. But when members of the National Association of Home Builders (NAHB) were asked earlier this year what they anticipate the new home size will be 2015, it's how they think single-family homes will shrink - which standard features of the average home will disappear to compensate for less square footage and which ones will remain or become more popular - that's the most revealing about the shifting needs and wants of homeowners.

Magnets made of just three to five atoms will allow for computer storage to shrink millionfold. Now a chemist from University of Copenhagen has discovered a route to workable nano-magnets. The solution? Heavy non-iron metals.

There is a vitally important national and state-level discussion taking place about how to address the government's frighteningly large deficits while limiting disruptions for all Americans. But while federal and state actions affect us all, much of what concerns Americans most directly and personally happens closer to home and increasingly, this means in our cities. Budget cuts simply can't derail efforts to make our cities smarter. Today our nation's cities are facing a "perfect storm." For many cities, their populations are growing at the same time that their budgets are shrinking. Today, for the first time, more than 50% of the world's population lives in cities. In the last decade large metropolitan areas in the U.S. grew by a combined 10% - nearly double the rate of the rest of the country. Our large metro areas now house two thirds of America's total population. They have become the dominant forces in our economy and society.