Word: manhattanization
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Dates: during 1990-1999
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That is the conclusion of TIME's Board of Economists, which met recently in Manhattan to assess prospects for the U.S. economy and stock market. And that opinion comes from Wall Street itself; on this occasion the board was composed of influential investment advisers, chosen to offer a different perspective from academic and corporate economists. The panelists disagreed considerably on the likely course of the stock market and the broader economy next year and after. But on the subjects of inflation and interest rates they chorused in unison: not to worry...
...swarm with tens of thousands of players. The result is virtual societies like Ultima Online, which in two years amassed 125,000 players so fervent that pieces of exclusive real estate on the Ultima site--think of it as the Ultima in-game equivalent of a duplex on Manhattan's Upper East Side--regularly sell on eBay for more than...
...spacious, cathedral-like grandeur when performed live with her solo piano. McLachlan's canvas has always been the lovelorn and the obsessed, and her palette, the primary colors of human passions. Mirrorball chronicles her gathering skill at capturing emotional truths. "Emotions are fabulous," McLachlan explains, relaxing in a Manhattan hotel room last week. "I love them because they feed you. You learn so much about yourself, whether you're in a deep sadness or extreme elation. I enjoy those kinds of extremes because I feel as if I'm most alive at those points...
DIED. KENNETH S. DAVIS, 86, historian and tireless biographer of Franklin D. Roosevelt; in Manhattan, Kans. The author of books on Adlai Stevenson and Dwight Eisenhower as well, he had just completed the fifth volume of his prizewinning life of F.D.R...
...Milk had no trouble recognizing his desires; as a boy he would venture to a gay section of Central Park, where in 1947 he was arrested for doffing his shirt (he was 17). The experience didn't radicalize him, though. Milk served in the Korean War and returned to Manhattan to become a Wall Street investment banker...