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...have been one in which we were close to or below zero growth. It now looks like the worst of it is over, because two big economic stimuli - Greenspan's series of rate cuts and the tax-rebate checks set to start arriving in August - are about to kick in. Consumers have always been nearly impossible to fathom, but at this point it's counterintuitive to think that consumer spending will now start to decrease with those two things on their...

Author: /time Magazine | Title: The Consumer Does It Again | 7/13/2001 | See Source »

...Economically, there are two big pluses - we're entering the time when the first of the Fed's interest-rate cuts should be starting to kick in, and the tax-cut rebates are coming soon. Some retail stores reported some encouraging numbers Thursday as well, and that not only helped goose the Dow but bodes well for consumer spending. On the other hand, layoffs and unemployment is still on the rise...

Author: /time Magazine | Title: The Thursday Rally: Bouncing Along the Bottom | 7/12/2001 | See Source »

This dimpled, soft-spoken gent is proving again what has always been true: that American cinema is nourished by the artistry and vision of foreigners (Chaplin and Garbo, Alfred Hitchcock and Billy Wilder). Lately it has been the Asians' turn to show us how films can kick higher or probe deeper. Lee's films do both...

Author: /time Magazine | Title: Film Director: Ang Lee | 7/9/2001 | See Source »

...fast, the defibrillator portion will release longer bursts in quick succession to slow it down. And if it starts beating dangerously fast--more than 200 beats per minute--Gem III DR will restart it with a jolt measuring a few hundred volts (enough to feel like a swift kick in the chest...

Author: /time Magazine | Title: What's Under Cheney's Skin... | 7/9/2001 | See Source »

...Instincts kick in. Always be polite. Before gathering Kevin and our things, I poke my head in the radio booth to thank Chaz Scoggins for the tickets. "I've got to run," I say. "My daughter caught that foul." He probably doesn't know, yet, what I'm talking about. He probably thinks my daughter caught a baseball and, therefore, why am I leaving...

Author: /time Magazine | Title: Caroline's First Game | 7/3/2001 | See Source »

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