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...things are so good, then why is there so much nervousness in the air? Why is the dread word recession turning up in more and more conversations? The inescapable fact is that the economy is facing dangerous potholes ahead that could badly jolt the expansion or even bring it to a jarring halt. The dollar has plunged to disturbing lows, and interest rates have recently spiked upward. Inflation may be roaring back: last week the Government reported that in April wholesale prices skyrocketed at an annual rate of 8.9%, the worst monthly performance since October 1985. For the same period...

Author: /time Magazine | Title: A Rough Road Ahead | 5/25/1987 | See Source »

High school students across the country dread that nerve-wracking rite of passage, the Scholastic Aptitude Test (SAT). But if some students at Brown University have their way, the test may become a thing of the past...

Author: NO WRITER ATTRIBUTED | Title: CLASS CUTS | 4/25/1987 | See Source »

...avoid raising false hopes among cancer victims, researchers tend to use caution in reporting even the most promising advances in treatment for the dread disease. Yet two articles published in last week's New England Journal of Medicine, while containing caveats, seemed reason for guarded optimism. Both dealt with a controversial treatment known as adoptive immunotherapy, which involves the use of a naturally produced substance, interleukin-2 (IL- 2), to bolster a patient's immune system. Both reported striking improvements in some patients with advanced cases of cancer...

Author: /time Magazine | Title: Medicine: The End of the Beginning? | 4/20/1987 | See Source »

...rude shock, since the prominent Los Angeles stock trader was known to have dealt heavily with Arbitrager Ivan Boesky. But on Wall Street, where scandal is becoming almost routine, Jefferies' announcement last week that he would plead guilty to two criminal charges created a whole new sense of dread. For Jefferies was not charged with insider trading, as a dozen others were, but with other rule-bending practices that have become commonly tolerated. The case against Jefferies, based partly on tips provided by the chastened Boesky, demonstrated that the insider- trading scandal is leading Government investigators to a wider range...

Author: /time Magazine | Title: Serving His Clients All Too Well | 3/30/1987 | See Source »

AIDS: Testing for the dread disease...

Author: /time Magazine | Title: Time Magazine Contents Page | 3/30/1987 | See Source »

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