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...working. In the past few years the average late fee has soared 75%, from around $12 in 1995 to more than $21 at the end of last year, according to Consumer Action. Today charges run as high as $35 a pop, helping propel industry-wide fee revenue, which now accounts for nearly 20% of all revenue, from $10 billion in '96 to $19 billion in '98, according to CardWeb.com Financial giants Citigroup, Bank One and Chase just reported strong second-quarter earnings, fueled by double-digit growth in credit-card income...

Author: /time Magazine | Title: Finance: On The Hook For Fees | 8/9/1999 | See Source »

This hip-hop duo, like many other hard-core rap groups, writes songs about urban violence, street bravado, felonious gunplay, "baby fathers" and friends slain young. The music beneath Mobb Deep's lyrics, however, is oddly restful. The contrast between the jagged lyrics and the smooth rhythms that propel them gives the group's new record a thoughtful quality and a hard-to-resist listenability. One feels immersed and insulated...

Author: /time Magazine | Title: Music: Murda Muzik | 8/9/1999 | See Source »

...victory can be expected to propel Armstrong?s name and the cause of cycling, both previously little followed in the United States, to new levels of recognition. Already a victory parade in his hometown of Austin awaits, as well as a high-profile round of television and commercial appearances. In fact, Nike ads have begun airing touting Armstrong as the "first dead man" to win the Tour de France, a slogan the cyclist reportedly loves. Most important, though, Armstrong has demonstrated to cancer patients around the world that the dreaded disease can be vanquished ? and then some. "The message...

Author: /time Magazine | Title: Cyclist Lance Armstrong: A 'Dead Man' Winning | 7/26/1999 | See Source »

...Jesse took advantage of [King's death] to propel himself into the limelight. There is an egomania that remains about him," she said in an interview with C-SPAN...

Author: By Jesse Jackson, CONTRIBUTING WRITER | Title: Always in the Spotlight, Jackson Does Politics His Own Way | 6/9/1999 | See Source »

...launch of Loral's Intelsat 708 communications satellite in Sichuan province in February 1996 was a fiery disaster. The Chinese-made Long March rocket that was supposed to propel the American satellite into space crashed into a hillside 22 sec. after lift-off and exploded, raining flaming rocket fuel and red-hot shards of the 3-ton satellite on a nearby village. China initially said six villagers choked or burned to death, and later upped the number to 56, but U.S. estimates put the fatalities closer...

Author: /time Magazine | Title: When Companies Leak | 6/7/1999 | See Source »

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