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Chicago neighborhoods are known for being delineated and segregated by physical structures (i.e. highways, bridges). The separation not only affords Chicagoans the opportunity to demonstrate their pride but also makes a tour of the city reminiscent of a mosaic. Chinese characters spell out street signs against a backdrop of Chinese architecture in Chinatown; two jumbo-size Puerto Rican flags on the North Side lend a festive air to the turf of Logan Square and Humboldt Park; an imposing, pink, concrete arch at the eastern border of Little Village lends an hacienda air to the neighborhood. The often cartoonishly large landmarks...

Author: By Maria S. Pedroza, | Title: Big Shoulders | 7/19/2002 | See Source »

With 1.8 million net jobs lost in 2001 and little improvement in the unemployment rate so far this year, are we heading toward another spell of cold comfort? That was the question TIME posed to its Board of Economists. "It will feel like a jobless recovery largely because our point of reference is the boom years of the '90s, when unemployment went all the way down to 3.9%," says Nariman Behravesh, chief economist for the consulting firm DRI-WEFA. "When it is up around 6%, it feels a lot worse...

Author: /time Magazine | Title: Forecast: A Jobless Recovery? | 7/15/2002 | See Source »

...problems." To the well-known troubles of France Telecom and Deutsche Telekom, add the pains at tech giant Alcatel. Or the fiasco at media and utilities conglomerate Vivendi, which soon after booting Jean-Marie Messier was seen scrambling for emergency funding to service j19 billion in borrowings. Could this spell the end of what the Germans call the Aktienkultur, or equity culture? Just a few short years ago, traditionally risk-averse European savers were piling into stocks at a breathtaking pace, transforming not just household finances but the balance of economic power. (Or so it seemed.) But now even...

Author: /time Magazine | Title: Down And Out | 7/14/2002 | See Source »

...Johann Heinrich Heine. His most famous poem, "Lorelay," set to music by Friedrich Silcher, has some of the melancholia (if not the elfin wit) that marked many Hart lyrics: "I do not know what haunts me,/ What saddened my mind all day;/ An age-old tale confounds me,/ A spell I cannot allay." And a quatrain Heine wrote for his wife Therese - "You're lovely as a flower,/ So pure and fair to see;/ I look at you, and sadness/ Comes stealing over me" - is echoed in Hart's pathetic, lifelong obsession with women. His need for them was exceeded...

Author: /time Magazine | Title: That Old Feeling: Heart to Hart | 7/8/2002 | See Source »

They were both fearless spellers. Clark took "Looner" observations, ate slices of "Water millions," tracked "bearfooted Indians" and was proud to serve the "Untied States." Clark's spelling is more famously imaginative--he found 27 different ways to spell the word Sioux. (In fairness, even the best-educated Americans displayed erratic spelling until Noah Webster's dictionary standardized spelling two decades later...

Author: /time Magazine | Title: Leading Men | 7/8/2002 | See Source »

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