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...families have managed by cutting corners elsewhere. Economists have been impressed by consumers' resilience, although they are concerned about how much longer families can absorb the price shocks, especially as wage growth slows. Since January wages have plodded along at 2% growth, about half the rate in 2000, says Ken Goldstein of the Conference Board...

Author: /time Magazine | Title: Campaign '04: Bush and Kerry: Whose Plan Is Better? | 9/13/2004 | See Source »

This summer, Ken Jennings, a software engineer from Salt Lake City, Utah, became not only the longest-running undefeated champion in the history of Jeopardy! but also the show's greatest money winner. Going into Jeopardy!'s annual late-summer hiatus, Jennings had won 38 consecutive games and $1,321,660, and delivered a much welcomed ratings boost for the program. When the show resumes after Labor Day, people will be wondering: What's next for Ken Jennings...

Author: /time Magazine | Title: I'll Take Ken Jennings' World for $400 | 9/13/2004 | See Source »

SEPTEMBER. Ken begins season as reigning champ; ratings are impressive. Passes $2 million mark after three weeks. Dazzles viewers by running the column in categories as varied as Pi High and Get a Life. Appears on the covers of TIME, PEOPLE, FORTUNE, ENTERTAINMENT WEEKLY and SPORTS ILLUSTRATED in same week. Ratings climb...

Author: /time Magazine | Title: I'll Take Ken Jennings' World for $400 | 9/13/2004 | See Source »

...OCTOBER. Ken passes $3 million. Wins largest Daily Double bet in history ($44,000) by identifying Paul as the cute Beatle. Is invited to toss out the first ball of the World Series. Mattel launches a Smart Talking Ken doll that knows the answer to more than 1,500 questions. Ratings soar...

Author: /time Magazine | Title: I'll Take Ken Jennings' World for $400 | 9/13/2004 | See Source »

...sources?expanding nuclear power and natural-gas use, for example?and has learned to conserve. Japan consumed less oil in 2003 than it did in 1993. "High oil prices are a big issue, but they don't blow the economy off the map the way they used to," says Ken Courtis, vice chairman of Goldman Sachs Asia, in large part because "there has been a tremendous attempt in Japan to produce more with less." The specter of American consumers cutting back on spending because of steep increases at the gas pump may, in fact, pose a bigger danger to Japan...

Author: /time Magazine | Title: Crude Awakenings | 9/6/2004 | See Source »

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