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...flashed from Washington last week. The most worrisome was a Commerce Department announcement that the gross national product had grown at only a 1.3% annual rate in the first quarter of this year. That was well below the sluggish 2.1 % estimate that the Government issued last month and the smallest GNP gain since the .5% increase in the final quarter of 1982. Noted Walter Heller, chairman of the Council of Economic Advisers under Presidents Kennedy and Johnson: "The economy is pretty weak at the moment. We have had a lot of conflicting signals from the economy lately, and some have...

Author: /time Magazine | Title: A Series of Bad Signals | 4/12/2005 | See Source »

...fanfare in January 2004, was abandoned in November when the cost of production became prohibitive. Waggish engineers made a disco ball out of defunct LCOS chips for Intel's holiday party. The company also blundered on its pricing of flash-memory chips, the kind found in cameras and the smallest of MP3 players; in both flash memory and chips for servers, Intel found itself losing ground to its biggest rival, Advanced Micro Devices...

Author: /time Magazine | Title: Biz Briefs: A New Brain For Intel | 4/3/2005 | See Source »

Jessie Sullivan is 42--"just old enough for the bottom to start falling out of things," as one character puts it--and suffocating in a Stepford-perfect marriage. "I lived molded to the smallest space possible," she says, "my days the size of little beads that passed without passion through my fingers." When word arrives that her mom has cut off her index finger in a fit of religious mania, Jessie rushes off to take care of her, back to the tiny island off the coast of South Carolina where Jessie grew up. (She's secretly grateful for any excuse...

Author: /time Magazine | Title: Books: Sex and the Sacred | 3/27/2005 | See Source »

...blue neighborhood of Atlanta, in the Democrat-friendly tavern Manuel's, speaking to 100 folks, many of them wearing Kerry-Edwards T shirts. The Massachusetts Senator insisted that he wasn't "one to lick wounds," but then he did: he noted that Bush had won with the smallest percentage margin ever for an incumbent and complained that the Republican team had six years to develop its electoral strategy while his had only eight months. And although he claimed that "my focus is not four years from now," he made sure his audience knew just how viable a candidate...

Author: /time Magazine | Title: The Eternal Optimist | 3/21/2005 | See Source »

Harvard was one of the smallest schools to advance to the championship bracket. Bigger schools were not only able to bring more players to the tournament than Harvard, but also brought coaching staffs and crowd support...

Author: By Barbara R. Barreno, CONTRIBUTING WRITER | Title: Club Tennis Swings Into Third | 3/18/2005 | See Source »

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