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...shamed me into my health club membership. After one summer back at home with Mom, whose zeal for raising our family on a fruit-and-vegetable-filled diet is notorious, I was fitter than ever. Still not the slimmest of students, I could confidently assert that my body mass index stood healthily under 25. I worked out regularly and ate a colorful and nutritious diet. I was a pretty healthy girl. And I was damn proud...
There are some signs of recovery, especially in the service sector, which accounts for 80% of U.S. employment. Although the economy has shed 394,000 jobs since the end of January, the S&P 500 index is up nearly 8.5% so far this year, and the lowest interest rates since 1958 are keeping the housing market strong. But by Straszheim's bearish reckoning, full-year growth for 2003 may amount to little more than 2%. That could pose a problem not just for workers but also for President Bush as he gears up for the 2004 election. If things...
...stage drug hype and ipos. The vast majority of the drugs and companies soon failed, and the stocks crashed. Another bubble surfaced in 1999-2000, largely driven by excitement over the mapping of the human genome. In the 18 months before March 2000, the American Stock Exchange's biotech index rose 563% while the nasdaq rose 238%. Both plunged in the next two years. Now biotech is hot again. Since the stock market started to find its footing last July, U.S. biotech shares have risen 57%. Another bubble? Not necessarily. Many of the companies have marched steadily closer to bringing...
...stocks crashed. Another bubble surfaced in 1999-2000. While everyone was focused on the run-up in Internet stocks, biotech shares rose twice as fast, largely driven by excitement over the mapping of the human genome. In the 18 months before March 2000, the American Stock Exchange's biotech index rose 563% while the NASDAQ rose 238%. Both plunged in the next two years...
...minimum Academic Index (AI), a measure of eligibility that incorporates SAT scores and GPA or class rank on a 240-point scale, was also raised from 169 to 171, and a requirement was added that the mean AI of recruited athletes be no more than one standard deviation below the mean of all undergraduates at the particular college...