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Alan Greenspan gave stocks a nice little boost Thursday morning, telling the Senate Budget Committee in prepared remarks that recessionary forces are "starting to diminish" and "activity is beginning to firm," and thus giving the recovery, however nascent it may be, the imprimatur of the Federal Reserve. Techs like chips and cell phones are percolating again. And with Amazon.com, one of the first (and one of the last) of the great dot-coms, finally notching a quarterly profit Tuesday the old-fashioned way - dollar by hardscrabble dollar - and the New Economy may have a second spiritual wind and a resurrected...

Author: /time Magazine | Title: The Enron Effect | 1/24/2002 | See Source »

...infections to run their course. But don't be surprised if your doctor takes more of a wait-and-see approach with your next case of flu (which, like a cold, is caused by viruses). Hospitals are also learning how to vary the drugs they give their patients to diminish the chances of selecting for ever more resistant germs...

Author: /time Magazine | Title: Playing Chicken With Our Antibiotics | 1/21/2002 | See Source »

...imbalances have not been allowed to fester" - whatever that means - and "if the recent, more favorable developments continue and gain momentum, uncertainties will diminish" and good times will soon follow. It might take another interest-rate cut at the next Fed get-together ending Jan. 30, and then again it might not; media consensus on the speech's portent was that Big Al "left the door open" to another...

Author: /time Magazine | Title: Greenspan Talks | 1/11/2002 | See Source »

...known to his acolytes as "the sheikh" he has no clerical standing, either. His contribution may have come primarily as a rainmaker raising funds among wealthy Gulf Arabs in his role as political leader. Bin Laden's death or capture would be a crucial symbolic victory, and dramatically diminish the morale of the remaining terror cells. But the dispersal and autonomy of al Qaeda's structures and alliances is designed precisely to ensure its survival even after its leadership is eliminated...

Author: /time Magazine | Title: U.S. Victories Raise Pressure on Al Qaeda to Strike | 12/13/2001 | See Source »

Don’t get me wrong. I think the Living Wage Campaign has been an incredible feat of organization, and I deeply respect some of the students who have devoted so much of their time and energy to the cause, so I don’t mean to diminish the import of what it is they are trying to do. What I do mean is that the rally failed to move me, to strike effectively and powerfully at the heart of the problem—that a group of people who so diligently serve this university are denied full...

Author: By Sue Meng, | Title: The Cost of a Living Wage | 12/6/2001 | See Source »

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