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...four drive-by shootings Friday, Saturday and Sunday in Illinois and Indiana, apparently killed himself after being chased by police. In his wake he left two people dead -- one former Northwestern basketball coach Ricky Byrdsong, who was black, the other a Korean-American shot down outside a church. The chain: shots fired at three black men Saturday afternoon in Springfield (one was wounded); a Saturday night shooting of an Asian student in Urbana; a spree in Chicago.on Friday night that left Byrdsong dead and six Orthodox Jews wounded: and a shooting in the university town of Bloomington Sunday morning that...

Author: /time Magazine | Title: Midwest Shooting Suspect Kills Himself | 7/4/1999 | See Source »

Starbucks is best known for its strong coffee, but the Seattle-based chain has branched out in the past few years, securing a niche in the summer market with several cold blended beverages...

Author: By Kirsten G. Studlien, CRIMSON STAFF WRITER | Title: Icy Treats Beat Summer Heat | 7/2/1999 | See Source »

Moved PermanentlyMoved PermanentlyFortune Investor DataHere?s the daisy chain: Fed hikes rates. Markets, relieved, take off. Consumers, watching their portfolios swell, continue to spend like drunken sailors. Fed gets nervous, and Greenspan -? if he deems that an economic overheat is imminent -? goes into rate-hike mode all over again, confronting the markets with their worst fear and sending Street walkers back to cowering under their desks. Bye-bye rally. Of course, if investors and traders see all this coming and sell on the news, they may have to make room under that desk for Uncle Alan -? a harmless rate hike...

Author: /time Magazine | Title: Are Markets Set to Blow Their Own Bubble? | 6/29/1999 | See Source »

...gloom-and-doom scenario, the Federal Reserve Board will not be satisfied with such modest rate hikes. In order to nip in the bud any renewal of inflation, the Fed will begin an aggressive tightening of credit and deliberately push interest rates much higher still. That will cause a chain reaction. It will knock stock and bond prices much lower, make consumer buying and business investment more difficult to finance, and maybe put a stop to what is about to become the longest economic expansion in U.S. history...

Author: /time Magazine | Title: TIME Board Of Economists: Wall Street's Ghostbusters | 6/28/1999 | See Source »

...executives at the top of the Internet food chain to convert that low-cost enthusiasm and work-is-play lifestyle into publicly traded companies worth millions of dollars. And a number have succeeded: TheGlobe.com's chairman Michael Egan is worth about $200 million; StarMedia CEO Fernando Escuelas, 32, now has a net worth of $256 million. Josh Harris, chairman and founder of Pseudo.com stands to make millions when Pseudo goes public later this year...

Author: /time Magazine | Title: Living The Late Shift | 6/28/1999 | See Source »

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