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...been beaten to a pulp by a mixed-signals flood of corporate earnings that have left investors professing complete ignorance as when, exactly, things will pick up again. Long-term rates, however, took a dutiful dive after the Fed head's remarks and have mostly stayed there amid the stream of bad news from the equities side. Will he tinker with the message this time around? The overall sense he gave the House - things are pretty bad now, and may get worse, but are probably getting better - is expected to remain the same in front of the Senate...

Author: /time Magazine | Title: Will Greenspan Turn Up the Sunshine? | 7/23/2001 | See Source »

...that could go off six months from now - and the bigger risk he runs of getting into the same losing time-the-cycle game he lost in May 2000. What he really needs now is not to have to cut very much more, and modulating his testimony in mid-stream could be one way to do it - to maybe cut a quarter-point in August and be done with...

Author: /time Magazine | Title: Will Greenspan Turn Up the Sunshine? | 7/23/2001 | See Source »

...term--say, motherhood--and Yahoo and other engines spit out a list of sites ranked by human editors or by a formula, such as how many times the word had appeared on a site. There was a purity to the old way, but something was missing: a profit stream...

Author: /time Magazine | Title: Marketing: Search Engines: You Pay, You Play | 7/23/2001 | See Source »

...mine tin from the coastal seabed, employing motor-powered pumps to vacuum the sea floor onto patchwork floating trays in which they search for their prize. More often, a living wage, or the promise of one, is thought to exist elsewhere, which is why there is a constant stream of migrant workers flowing across Indonesia. Earlier, on the north coast of Java, among colorful, undulant boats sardined within a Tuban inlet, I met Lasmari, 47, who had worked for seven years in Kalimantan as a carpenter. He made decent money, but when he came home for a visit, he learned...

Author: /time Magazine | Title: The Admiral's Isles | 7/20/2001 | See Source »

...aircraft took off before dawn they had their lights on, and it was like the sky was filled with fireflies. It was the most beautiful thing I had ever seen. In formation, the propeller engine of the plane ahead of you makes a smoke stream. To avoid it, I was flying a little bit higher than the aircraft in front of me. I was near the end of the second group. The leader was at 3,000 m. Gradually, the other planes were each a little bit higher. I was at 3,500 m. I felt like a shepherd watching...

Author: /time Magazine | Title: The Secret of All Secrets | 7/16/2001 | See Source »

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