Word: rosee
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Dates: during 1980-1989
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...Cuban musician named Cesar Castillo who immigrates to New York City after World War II and has a few good years in the 1950s as leader of the Mambo Kings. The band's biggest hit was Beautiful Maria of My Soul, which was first recorded in 45 r.p.m. and rose to No. 8 on the "easy listening" charts in 1955. Close but no cigar is the story of Castillo's career, the highlight of which occurred when he and brother Nestor were invited to play Ricky Ricardo's visiting Cuban cousins on an episode of I Love Lucy...
PHOTOGRAPHY: Mary Dunn (Deputy Picture Editor); Richard L. Boeth, MaryAnne Golon, Rose Keyser, Julia Richer (Assistant Editors); Kevin J. McVea (Traffic); Renee Mancini (Syndication); Arnold H. Drapkin (Consulting Picture Editor) Researchers: Dorothy Affa Ames, Martha Bardach, Sarah Buffum, Stanley Kayne, Paula Hornak Kellner, Polly J. Matthews, Gary Roberts, Nancy Smith-Alam, Melanie Stephens, Robert B. Stevens, Eleanor Taylor Photographers: Terry Ashe, P.F. Bentley, William Campbell, Rudi Frey, Dirck Halstead, Cynthia Johnson, Peter Jordan, Shelly Katz, David Hume Kennerly, Neil Leifer, Steve Liss, Robin Moyer, Carl Mydans, James Nachtwey, Matthew Naythons, Chris Niedenthal, David Rubinger, Antonio Suarez, Ted Thai, Diana Walker...
Despite concerns that the expansion will falter, most economists believe a modest slowdown is necessary to suppress inflation, which had grown particularly stubborn in the past two years. Consumer prices rose at an annual rate of 5.9% during the first half of 1989, up from 4.1% last year. "The economy was running too fast for its own good," says Francis Schott, chief economist for Equitable Life Assurance. "It was working itself up to an inflationary frenzy...
...usually takes a tumble just before a recession begins and stages a comeback as a recovery takes hold. This time some economists predict that the housing industry, aided by falling mortgage rates, may bounce back later in the year. Last week the Government reported that housing starts during June rose 7%, to an annual rate of 1.4 million. Even so, some experts are cautious about predicting a housing boon because the rise was entirely attributable to an increase in multifamily houses and apartment buildings. There was no growth in single-family-home construction, which forms the largest part...
PHOTOGRAPHY: Mary Dunn (Deputy Picture Editor); Richard L. Boeth, MaryAnne Golon, Rose Keyser, Julia Richer (Assistant Editors); Kevin J. McVea (Traffic); Renee Mancini (Syndication); Arnold H. Drapkin (Consulting Picture Editor) Researchers: Dorothy Affa Ames, Martha Bardach, Sarah Buffum, Stanley Kayne, Paula Hornak Kellner, Polly J. Matthews, Gary Roberts, Nancy Smith-Alam, Melanie Stephens, Robert B. Stevens, Eleanor Taylor Photographers: Terry Ashe, P.F. Bentley, William Campbell, Rudi Frey, Dirck Halstead, Cynthia Johnson, Peter Jordan, Shelly Katz, David Hume Kennerly, Neil Leifer, Steve Liss, Robin Moyer, Carl Mydans, James Nachtwey, Matthew Naythons, Chris Niedenthal, David Rubinger, Antonio Suarez, Ted Thai, Diana Walker...