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...about pot roast? The comprehensive 44-page index says "pot roast pasta." Huh? Yes, you make this pot roast that sounds delicious, but then you chop it all up and, with its juices, spoon it over a pound of penne or pappardelle. The old pot roast is now actually a stracotto. How modern can you get? You wouldn't want the mashed spuds if you've got the pasta, but let's check anyway. Three listings: the basic one, with sour cream; one that has a whole head of cooked garlic (yum!); and one that is half potatoes and half...
...price of West Texas Intermediate crude, the benchmark for trends in the U.S. oil market, ended the week at $24.49, an increase of $3.51 in two days. In Tokyo the Nikkei stock index plummeted 729.42 yen, closing the week at | 29,515.76 yen. The market drop reflected concern that Japan, which depends on imported oil for 57.9% of its energy needs, might face tougher economic times. In Europe, which also relies heavily on Middle East oil, stock and currency markets gyrated nervously...
Still, a potentially promising theme is emerging: populist-flavored opposition to any tax increase that falls on the middle class or the poor. Bush's goal of reducing the capital-gains levy is another inviting target. The Democratic Leadership Council has concocted a "tax fairness index" showing that the wealthy have benefited most from tax changes of the '80s. Last week Mario Cuomo visited Washington to marshal opposition to a Republican attempt to raise federal revenue by limiting the deductibility of state and local income taxes. Raise rates on those making $200,000 and more, Cuomo demanded. "Don't come...
...South" or a state of mind called "Southern." Nor was it that way in the Mississippi to which I returned in 1959. It and the entire South could still be bound by an old set of propositions. It segregated the races by law and custom, was poor in every index except natural resources, and held fervently to a one-party politics whose ultimate, if often obscured, objective was the perpetuation of a class and caste system distinctly different from the . national ideal...
...alone. As usual, the market's jump caught most people by surprise. A May 7 Business Week story titled "How Low, Dow Jones?" had one pair of bears answering: 1000. That same day Howard Ruff's newsletter explained that "the momentum chart is very bearish. Every other major stock index has fallen below its longterm optimal moving average, making it nearly impossible for the Dow not to soon follow suit. Watch out below!" Mutual funds were sitting with record amounts of cash. Individuals had sold vast numbers of shares short, anticipating a decline...