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Today: foggy with drizzle in the morning, partly sunny, a 40 percent chance of showers in the afternoon. Unseasonably mild, highs in the mid 50s. Tonight: mostly cloudy, a 30 percent chance of showers, low around 40. Tomorrow: partly sunny, cooler, high...

Author: NO WRITER ATTRIBUTED | Title: WALL STREET | 2/19/1992 | See Source »

...side effects. Once a drug enters the market, hundreds of thousands or even millions of people start using it, often for sustained periods of time -- when more subtle or long-term risks may come to light. Such was the case with "beta-blocker blues," a syndrome of fatigue and mild depression sometimes associated with regular use of a popular category of heart drugs called beta blockers. The syndrome went undetected in clinical trials...

Author: /time Magazine | Title: Special Report: Drug Safety Can Drug Firms Be Trusted? | 2/10/1992 | See Source »

...supremacy -- and not only against each other. They might join in slaughtering the Sunni Muslims in central Iraq from whom Saddam has drawn the elite of his regime. "It would make Kuwaiti brutality against the Palestinians ((who supported Iraqi occupation or were suspected of doing so)) seem mild," says a senior British diplomat...

Author: /time Magazine | Title: The Gulf: Are Saddam's Days Numbered? | 2/3/1992 | See Source »

...that has aggravated unease in this recession is that there has been no sense of leadership, let alone prescience, from Washington. Consumers were blindsided by the failure of the White House and most economists to foresee the length of the downturn. "Everyone was told it was going to be mild," says Stephen Levy, director of the Center for the Continuing Study of the California Economy. "Coming out of the gulf war, people thought it would last just two quarters." But while the economy did manage gains of 1.4% in the second quarter and 1.8% in the third, few experts doubt...

Author: /time Magazine | Title: Recession: Why We're So Gloomy | 1/13/1992 | See Source »

...many economists are counting on the Federal Reserve's cut in the discount rate from 4 1/2% to 3 1/2% to set the stage for a mild recovery that could start by summer. The sharp reduction was significant because the discount rate, which is what the Fed charges banks for borrowing money, is a bellwether for interest costs throughout the economy. The average rate for a 30-year, fixed-rate mortgage last week was 8.24%, the lowest in 18 years. At the same time, election-year pressures are likely to push Washington into enacting a few modest tax breaks...

Author: /time Magazine | Title: Recession: Why We're So Gloomy | 1/13/1992 | See Source »

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