Word: two
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Dates: during 2000-2000
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Still, retailers believe in Santa Claus. Some 60% of all holiday shopping takes place in the final two weeks, and merchants expect bargain-sniffing consumers to pounce at the last minute. "If the weather clears, the shoppers will be out," says Lee Scott, CEO of Wal-Mart. "They have shown they do have disposable income." Now they have to show they'll spend...
Last week's bad news showed just how much. Retail sales fell 0.4% in November, led by the biggest drop in car sales in more than two years. Both UPS and FedEx reported that holiday shipments are slackening, while Microsoft and Compaq became the latest tech titans to blame poor earnings on a slowing home-PC market. Consumer sentiment about the economy, as measured by the University of Michigan, is at a three-year low. Given the drubbing on Wall Street this year, that's not surprising. As the NASDAQ soared in the past few years, the market created...
...years that distinction has gone to the person who (or, in two cases, the object that), for better or for worse, most affected the news and personified what was important about the year. Even had he won a simpler election, Bush would have been a strong contender. He remade and united the Republican Party and defeated a talented Vice President who had the wind at his back after eight years of wallet-popping prosperity. Bush's amiable demeanor tapped into a desire to end years of meaningless partisan rancor. Yet he was also controversial: he became the first President-elect...
...initial recounts, he was willing to cooperate partly because he felt that appearing as TIME's Person of the Year on the very day that the Electoral College voted could help certify the end of the postelection conflict. He invited us to Austin, Texas, for a photo session, a two-hour interview the next day, and then a visit to his isolated ranch on the Saturday when the Supreme Court happened to stay the Florida recount...
Last night I dreamed of Marisleysis. She, Uncle Lazaro and the two grandmothers were on that island watching Richard Hatch take his clothes off. Regis dropped by to perform the wedding ceremony for Darva Conger and Vladimir Putin (I must say, they made a stunning couple). Then we all went down to the N.R.A.-theme restaurant on Broadway, where everyone gave Charlton Heston a cold, dead hand. Suddenly Barbra Streisand got up onstage and yelled, "Do you know what it is to have to walk around in high heels and sing 35 songs a night, to have to diet...