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...heady 4.2 percent from April to June, the fastest growth since 1994. "This is good news for America, more evidence that our economic strategy is working," said Clinton. Investor fears that the Federal Reserve will hike short-term interest rates to ward off the inflation that usually accompanies rapid growth have been eased by reports that inflation is not heating up. (While the GDP rose 4.2 percent, the price index climbed just 2 percent.) In response to this morning's report, the Dole campaign called the President's announcement "a slap in the face" for the American taxpayer, claiming Clinton...

Author: /time Magazine | Title: The Politics of Growth | 8/1/1996 | See Source »

...will be happening. Motown Cafe, the Official All Star Cafe, Harley Davidson Cafe, Country Star, Rain Forest Cafe and Dive! are all out to sate the public hunger for theme dining. These multimedia spectaculars, designed to stimulate every sensory-nerve end--possibly even the palate--are undergoing a second, rapid phase of growth some 25 years after the first Hard Rock Cafe opened its doors in London with Eric Clapton's guitar on the wall and American burgers on the menu...

Author: /time Magazine | Title: HUNGRY FOR THEME DINING | 7/22/1996 | See Source »

...People over 70 who take certain short-acting CALCIUM CHANNEL BLOCKERS for high blood pressure may increase their risk of developing cancer, suggests a study. The drugs may impede the body's normal safeguards against rapid cell division...

Author: /time Magazine | Title: Notebook: Jul. 22, 1996 | 7/22/1996 | See Source »

...politicians, of course, speaking against rapid growth in an election year would be roughly equivalent to praising violent crime. To economists the issues are far muddier...

Author: /time Magazine | Title: HOW FAST SHOULD WE GROW? | 7/15/1996 | See Source »

...photographer Francesco Scavullo says she was such a natural beauty that he would have made her a star even without her famous surname. "You could put her out in the sunlight in the middle of the day and she looked like an angel," he recalls. But others credited her rapid ascent to the Hemingway mystique. "As celebrity became aristocracy, it became inheritable," says former Interview magazine editor Bob Colacello, who knew Hemingway as part of the crowd at the now legendary Studio 54. "She inherited this fame and this position." Hemingway later said she felt like an imposter in that...

Author: /time Magazine | Title: IT HURTS SO MUCH | 7/15/1996 | See Source »

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