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...investors are concerned. Nor is it happy news for inflation, which is already at a 16-year high largely because of surging fuel costs. Consumer prices of all stripes rose at an annualized rate of 5.2% in May--enough to take some of the fun out of shopping. But Ben Bernanke, Chairman of the Federal Reserve, is on the case. The Fed raised its benchmark interest rate by a quarter point last month, the 17th straight increase, in its efforts to gently brake the economy by reining in spending. Retail sales fell ever so slightly in June, according...

Author: /time Magazine | Title: What Inflation Means For ... | 7/16/2006 | See Source »

Your last movie, Jersey Girl, starring Ben Affleck and Jennifer Lopez, flopped. Did it suffer from the Bennifer whirlwind? To a degree. No matter how much we tried, the marketing seemed to say, "Remember the movie [Gigli] with those two people you can't stand anymore that came out a few months ago? Here's even more...

Author: /time Magazine | Title: People: Jul. 24, 2006 | 7/16/2006 | See Source »

Your image is of a guy who, despite being successful, doesn't try all that hard. Is that who you are? Maybe next to Ben [Stiller], I don't. I've done a lot of movies with him, and that became the shtick--Ben's the workaholic, Owen likes to keep things fresh by not reading the script until he shows up on set. But when I work on something, it's not like I phone it in or don't take it seriously...

Author: /time Magazine | Title: People | 7/10/2006 | See Source »

...consideration the European Union factored in when it decided to make a one-cent euro coin (though several countries have since effectively banished it): "If you take the penny away, that has a huge impact on how people view the economy and inflation." If you think Fed Chairman Ben Bernanke's statements rock the markets, Weller says, wait till you see what happens if we lose the penny. Then Weller gets personal. "Kolbe is from the leading copper-producing state in the Union. And," he continues, "nickels are mostly made of copper." Kolbe counters that he's for de-copperizing...

Author: /time Magazine | Title: Common Cents | 7/10/2006 | See Source »

...godparents of this Geek Idol genre are Dan Cutforth and Jane Lipsitz, a producing duo operating under the name Magical Elves, who created Runway and its culinary spin-off, Top Chef, and also produced Ben Affleck and Matt Damon's movie-director search Project Greenlight. The Elves' projects share one philosophy: "We feel that the creative process is inherently dramatic and interesting to watch," says Cutforth...

Author: /time Magazine | Title: Reality TV That's a Cut Above | 7/9/2006 | See Source »

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