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...divorced 50-year-old women can be expected to remarry at some point. Witnessing a parent's remarriage--though such unions are increasingly common--can feel awkward, even unnatural, to grownup kids. "As a child, you don't understand the courting years of your parent's life," says Amanda Dow, 31, whose father Wayne Gilstrap started dating two months after her mother died in 1997. In their small town, Pickens, S.C., his romance with Cathy, a divorce locals dubbed "the walking lady" for her outdoor exercise regimen, which was carried out in revealing workout attire, became a source of gossip...

Author: /time Magazine | Title: Mom's in Love Again | 4/14/2003 | See Source »

...York's biggest banks had pledged $20 million each to support prices. But at a noonday meeting, they concluded that they could not stop the declines. In fact, one of the bankers, Albert Wiggin of Chase Bank, in a personal account had quietly sold the market short. The Dow would ultimately fall 89%--12% the day of the crash--ushering in the Great Depression.--By Daniel Kadlec

Author: /time Magazine | Title: Oct. 29, 1929 | 3/31/2003 | See Source »

...conventional fighting go quickly in the war's early days. But the generals on Wall Street, expecting as much, have been shooting down defense stocks for months. Yet stocks overall tend to do well after the U.S. engages in hostilities, and this time should be no exception. The Dow ran up 8.4% last week--its best weekly gain in 20 years--and moved into positive territory for the year...

Author: /time Magazine | Title: No Time for Defense | 3/31/2003 | See Source »

...Ongoing resistance in the south also raises questions about the place of media in the coalition campaign. Live broadcasts of the swift advances had, in the early days of the campaign, suggested to American audiences that the war would be quick and relatively painless - the Dow enjoyed its best week in years on the real-time war coverage. Those images also sent a chilling message to Iraqi officers watching CNN in Baghdad. But new shots of resistance and setbacks may have had the opposite effect. The Dow dropped precipitously as U.S. commanders reminded the public that the road to Baghdad...

Author: /time Magazine | Title: Why Saddam's Not Done Yet | 3/24/2003 | See Source »

...never seen him try to push an agenda," says Black. Buffett's efforts tend to be understated. But now that he's becoming more vocal about his beliefs, he can expect more opposition. In an op-ed article in the Wall Street Journal, Harvey Golub, a director at Dow Jones and former CEO of American Express, has already argued that stock options should not be regarded as an expense on a company's books. Intel chairman Andy Grove spoke for much of the tech world last September when he told the Conference Board that "stock options are a red herring...

Author: /time Magazine | Title: Comeback Crusader | 3/10/2003 | See Source »

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