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...vehicles by double-digit percentages. Company stock options and grants have also declined in value. Moreover, the last line of retirement defense--the Social Security program--will begin running at a deficit in 2017. That means by the time today's thirtysomething workers reach retirement age their benefits could shrink by a third...

Author: /time Magazine | Title: The Next Scrambled Nest Egg? | 8/11/2003 | See Source »

...giant like Holsten is dwarfed by Heineken - which produced 11 billion liters in 2002 and is awaiting regulatory approval for its purchase of Austria's 2.6 billion-liter-per-year BBAG brewery for €1.9 billion. Shackleton explains that when Dutch and Belgian brewers began seeing their local markets shrink in the late 1980s, they responded by beefing up their exports, hammering the "premium" theme and buying up other breweries. German brewers, by contrast, were protected by the beer purity laws - which lost their teeth when the European Court declared them protectionist in 1987, but still act as a seal...

Author: /time Magazine | Title: German Beer Goes Flat | 8/3/2003 | See Source »

...leading economic indicators, including new consumer-goods orders and manufacturing hours worked. (The index rose a sharp 1% in May after a slight gain in April.) On the job front, check out hiring firm Manpower manpower.com) whose quarterly surveys ask employers whether they're planning to expand or shrink their staff. (The June release reported the weakest quarter in 12 years.) Or you may decide that daily ignorance is bliss. Says financial adviser Harold Evensky of Coral Gables, Fla.: "Investors should stop thinking about economic news and start investing...

Author: /time Magazine | Title: Money: How to Invest Now | 7/28/2003 | See Source »

...hefty costs come at an inopportune time for HSA’s coffers, which it has seen shrink with the national economy recently. As a result of the souring market, Rombauer said, HSA does not expect to be profitable this year—so the funds for the basement renovations will come directly from its cash reserves...

Author: By Simon W. Vozick-levinson, CRIMSON STAFF WRITER | Title: Burst Pipe Forces 'Let's Go' Above Ground | 7/18/2003 | See Source »

...Washington is hoping to lighten the load with an infusion of some 20,000 troops slated to be sent - in small contingents, mostly at U.S. expense - from those NATO countries that supported the war. But the number that actually arrive in Iraq may shrink somewhat if it turns out they're headed into a counterinsurgency mission rather than a more pedestrian peacekeeping affair. This week's British casualties, in what had ostensibly been the most tranquil part of Iraq, won't help Washington's recruitment efforts. Britain's own force levels in Iraq had been reduced from 45,000 during...

Author: /time Magazine | Title: Iraq: When Can We Go Home? | 6/26/2003 | See Source »

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