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Last week their position looked more precarious than ever. The Labor Department reported that despite the exuberant stock market and mild inflation, real wages keep on falling. For the lowest-earning 10% of workers, the weekly paycheck averaged $225 last year, a 10% drop since the late '70s after inflation is taken into account. It means that more people than ever are working full time and still living below the poverty line of $15,141 for a family of four. Millions more are scraping by, just one broken refrigerator away from crisis. Says Labor Secretary Robert Reich...

Author: /time Magazine | Title: WORKING HARDER, GETTING NOWHERE | 7/3/1995 | See Source »

Mental deterioration. Several small trials have indicated that estrogen improves memory for postmenopausal women. And a tantalizing study, reported in 1993, found that HRT enhanced the mental function of women with mild to moderate symptoms of Alzheimer's disease...

Author: /time Magazine | Title: THE ESTROGEN DILEMMA | 6/26/1995 | See Source »

...Howard Fillit, a geriatrician at New York City's Mount Sinai Medical Center, has conducted small-scale tests of estrogen with women who have mild to moderate Alzheimer's. Patients who did not know the month or year could recall them after just three weeks on daily doses of hormones. The women became more alert, ate and slept better, and showed improved social behavior. Fillit believes testosterone therapy may prove equally useful for male patients. Estrogen is not yet an approved therapy for Alzheimer's, but as the evidence builds, it is fast becoming one of the brightest hopes...

Author: /time Magazine | Title: A TONIC FOR THE MIND | 6/26/1995 | See Source »

...white chocolate gelato ball was light and mild, surrounded by richer white chocolate chips. The raspberry sauce, probably homemade, could stand alone. This gelato ball would make an excellent dessert option, summer or winter...

Author: By Sarah J. Schaffer, | Title: Ice Cream Lover? Welcome to Eden | 6/24/1995 | See Source »

...Federal Reserve survey released today suggests the economy may be slipping into a mild recession. UnderscoringChairman Alan Greenspan's unusually frank warning of a "modest, near-term recession"Tuesday night, the "Beige Book" survey of business conditions by the Fed's 12 regional banks said key segments of the economy that respond most readily to higher interest rates are slowing dramatically. According to the report,auto industry sales remain "depressed" and home-buying is slower than last year. On the upside, the survey found only mild inflationary pressures. Greenspan's comments have convinced many Fed-watchers that...

Author: /time Magazine | Title: FED . . . RECESSION 'ROUND THE BEND? | 6/21/1995 | See Source »

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