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...with huge cheers to the new earnings forecasts, but Goldman Sachs is not so ebullient. In fact, the firm goes to great lengths to point out the distortions to its growth projections and adds that without the GM effect, the consumer-discretionary stock group would see a far more modest 17% growth next year - not bad, but no blowout...

Author: /time Magazine | Title: Why Goldman Sachs Is Bullish, Sort Of | 7/20/2009 | See Source »

Although he kept a journal and dabbled in journalism and the theater, McCourt spent most of the next 30 years teaching English and creative writing in New York City schools for a modest salary. He had a natural flair for it. On his very first day in the classroom, one of his young charges threw a sandwich at another kid. McCourt picked it up and ate it in front of the class, while the students watched, stunned. He had taught his first lesson: an object lesson in what it means to survive starvation...

Author: /time Magazine | Title: Frank McCourt, Author of Angela's Ashes, Dies | 7/19/2009 | See Source »

Cheaper deals can be had at midrange hotels, like the Grape Bay Beach Hotel, where a week's stay including airfare from New York City, costs as little as $893 per person, with breakfast. The hotel is modest, but close to Bermuda's best beaches, along the southern shores. Perhaps one of the most stunning beach walks in the world is at South Shore Park, a 1.5-mile stroll between Horseshoe Bay and Warwick Long...

Author: /time Magazine | Title: Why Bermuda? It's Close, Warm and Suddenly Cheap | 7/15/2009 | See Source »

...know a woman--let's call her "my wife"--who swears by Spanx, special "body shaping" undergarments that magically hide her modest bulges. These New Age girdles are hugely popular with many women, but Spanx for dudes? I'd rather get a stomach staple. (See pictures of the latest mancessories...

Author: /time Magazine | Title: Spanx for Men | 7/13/2009 | See Source »

...replaced by Stephanie Streeter, a four-year board member, on an interim basis. Right now, the USOC may need a leadership infusion. "You just sit back and wonder, Who is making the decisions?" says Ganis. "Is anyone thinking of the greater good? Why risk so much for something so modest? That's the real head scratcher...

Author: /time Magazine | Title: How Olympic TV May Kill Chicago's 2016 Bid | 7/13/2009 | See Source »

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