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...right around high noon Wednesday when the Dow Jones Industrial Average cleared 8,000, driven by heavy volume and some encouraging news about inflation. With the new milestone, the index has now doubled in less than two and one-half years, having crossed 4,000 first in February 1995, and some gape-mouthed analysts are ready to bet seriously on 10,000 by the year 2000. Details of the day's trading in Money Daily...

Author: /time Magazine | Title: Eight Miles High | 7/16/1997 | See Source »

...offering. And when the argument turns to the details of the various proposed tax breaks, Clinton has positioned himself as the champion of hardworking parents: while he pushes his education tax credits, for instance, the same Republicans who wanted to close the Education Department will be fighting to index capital-gains taxes so that investment profits can be insulated from inflation...

Author: /time Magazine | Title: HEY, BILL, THAT'S OURS! | 7/14/1997 | See Source »

...College Board reported that in the past 15 years college costs have almost doubled, far outpacing family incomes and the consumer price index...

Author: NO WRITER ATTRIBUTED | Title: Tax Deduction On Student Loans Imminent | 6/27/1997 | See Source »

...a.k.a. the mild-mannered computer kingpin, Bill Gates, CEO of Microsoft. Last week, after Gates agreed to pump $1 billion into Comcast Corp., Wall Street revalued the entire industry upward by tens of billions of dollars. A buyers' panic rippled through the cable world, and the Standard & Poor's index of cable stocks rose...

Author: /time Magazine | Title: CABLE'S COOL AGAIN | 6/23/1997 | See Source »

...seriously.' Like, pimp is slang for cool. As in 'Oh, my God, that's so pimp!'" Cool, in other words. Competition from such global giants as Chanel and Revlon amuses her. "Their ads are, like, 'We'll tell you what's hip.'" She puts her green-tipped index fingers to her temples. "I'm, like, 'O.K., Grandma, tell me about...

Author: /time Magazine | Title: MY GOAL IS TO EXPAND INTO A CUTTING-EDGE, FULL COSMETICS COMPANY. I WANT TO DOMINATE. | 6/9/1997 | See Source »

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