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Astaire and Rogers may have inspired Americans to dance, but Arthur Murray, 87, taught them. From touch dancing in a flyspecked, New York City dime-a-dance hall in 1913, to a nationwide chain of dance studios, to national prominence on television's The Arthur Murray Party, a ratings...

Author: /time Magazine | Title: People: Sep. 20, 1982 | 9/20/1982 | See Source »

Normally, summer on Wall Street brings a rise in the price of stocks and bonds. But this year has been different, leaving brokers and analysts totally befuddled as to whether the stock market might at any minute begin climbing to new highs or slumping to new lows. Last week the...

Author: /time Magazine | Title: Wall Street Merry-Go-Round | 8/16/1982 | See Source »

American bankers, already worried about steep interest rates and shaky loans, had yet another reason to feel edgy last week. Sears, Roebuck and Co., the largest U.S. retailer, launched a new offensive in its campaign to become a major force in the financial services business. In eight stores, from Atlanta...

Author: /time Magazine | Title: Selling Socks and Stocks | 8/2/1982 | See Source »

At each Sears financial center, customers can choose from a panoply of services. At the desk of Allstate Insurance, a longtime Sears subsidiary, a shopper can have his car, house and family covered. Moving a few steps to Coldwell, Banker & Co., which was the largest independent real estate brokerage company...

Author: /time Magazine | Title: Selling Socks and Stocks | 8/2/1982 | See Source »

Tsongas, for example, favors helping manufacturing firms with industrial revenue bonds and Urban Development Action Grants. If some social programs have to be curtailed to cut the deficit and make the economy healthy again, fine. "You can talk about all the social programs you want, but there is no substitute...

Author: /time Magazine | Title: Basking in Reagan's Troubles | 7/12/1982 | See Source »

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