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Much of the trouble stems from a single concern: the weakening U.S. dollar. The greenback had been the strong, silent type for the past six years, making European vacations and Japanese electronics cheaper, while at the same time attracting foreign capital to the U.S. stock-and-bond markets by the trillions. Although the dollar's decline amounts to only 3% against major currencies like the euro, it is off nearly 15% against the Japanese yen since March...

Author: /time Magazine | Title: Worried About the Dollar | 10/11/1999 | See Source »

...weight room is sweaty but complete with Nautilus in the next room. Come work out for free. Nothing beats that. Be sure to bring your bathing cap if you want to take a dip. The Quad's version of the MAC, the Quadrangle Recreational Athletic Center (QRAC) (intersection of Bond and Garden Sts.; 495-8666; Monday to Thursday noon to 11 p.m., Friday noon to 9 p.m., Saturday and Sunday 11 a.m. to 9 p.m.) provides Quad students with an exercise facility and also serves up the only outdoor Harvard tennis courts this side of the River...

Author: By FM Staff, | Title: Fifteen Minutes: Physical | 9/30/1999 | See Source »

...glances and whispered phrases. At least on Brosnan's part, those glances and phrases all seem a bit tedious to him as an actor, not to mention those of us in the audience. Rather than showing any true interest in Russo's character, Brosnan imports a sort of James Bond indifference to everything around him, as though money could chase even the last inkling of real feeling out of a person. Russo does her best to convey the emotional excitement that this movie needs, and she does a good job of it so long as Brosnan isn't around...

Author: By Soman S. Chainani and David Kornhaber, S | Title: I Know What You Saw This Summer | 9/24/1999 | See Source »

There have been some innovations in the past 12 months--the new I-bond, whose interest rate rises and falls with inflation; the EasySaver plan, which features automatic bank-draft purchases; and PC purchasing via a bank. Next up: online purchases direct from the Treasury with no commissions or fees. Treasury will be trumpeting these new features--which private industry caught onto years ago--in a marketing campaign next year...

Author: /time Magazine | Title: Savings Bonding | 9/20/1999 | See Source »

...Treasury, as it ponders how to get the word out on its new savings-bond programs, would do well to address some old problems first. The main one: some $6.5 billion of savings bonds are no longer accruing interest because they are 30 or 40 years old. Yet they go unredeemed. Many of them are tucked in a drawer or safe-deposit box, and the owner, who may have inherited them, has no idea that the bonds have matured. If you own savings bonds, check the dates. At minimum, any bonds that are no longer accruing interest should be converted...

Author: /time Magazine | Title: Savings Bonding | 9/20/1999 | See Source »

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