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He even went so far as to say that while "the risks would seem to remain mostly tilted toward weakness in the economy," he saw "no evidence" of inflation. That's the other half of the equation - the green light for the Fed to cut rates into a slowdown without...

Author: /time Magazine | Title: The Long Dark Night of Alan Greenspan | 7/18/2001 | See Source »

"The period of subpar economic performance... is not yet over, and we are not free of the risk that economic weakness will be greater than currently anticipated and require further policy response," Greenspan told lawmakers in his prepared remarks.

Author: /time Magazine | Title: The Long Dark Night of Alan Greenspan | 7/18/2001 | See Source »

Rick Feutz knows better than most the harm that arsenic can do. In 1986 the Washington State teacher was building a wooden raft for his children, a job that required a lot of sawing--and a lot of sawdust. Within days, he felt achy and nauseated and experienced a tingling...

Author: /time Magazine | Title: Toxic Playgrounds | 7/16/2001 | See Source »

If you're a radical anticapitalist with a weakness for black masks and tear gas, you'll love Genoa in July. The Italian city's old quarter is full of dark, winding alleys--perfect turf for antiglobalization protesters who hope to turn next month's G-8 summit into another...

Author: /time Magazine | Title: Watch Out for Airborne Gelato | 7/2/2001 | See Source »

The Fed statement to its sixth rate cut this year (which means the funds rate has now dropped from 6.5 to 3.75 percent), hit all the same notes as the five 50-pointers that came before: "The patterns evident in recent months - declining profitability and business capital spending, weak expansion...

Author: /time Magazine | Title: What the Fed Left Unsaid | 6/27/2001 | See Source »

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