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...needs more stimulus than the Fed is giving it. Or so say many economists. Last week's tweak is "too little, too late," argues Allan Meltzer, professor of political economy at Carnegie-Mellon University. Says Irwin Kellner, chief economist of Chemical Bank: "A quarter point will help a wee bit, but it's going to take more than that to get this economy going." One signpost: house sales lately have been flat, despite a drop in mortgage rates...

Author: /time Magazine | Title: THE MONETARY MINUET | 2/12/1996 | See Source »

...Yasser Arafat and Rabin last September. In fact, Acting Prime Minister Shimon Peres, who was formally approved as leader of the ruling Labor Party on Sunday, had moved up the transfer by a week to show his committment to peace with the Palestinians. "They really did it in the wee hours of the morning, when it was still dark, to minimize the potential uproar," reports TIME's Johanna McGeary. "At the same time, this was done six days ahead of schedule. So it signifies the seriousness of the Israeli commitment to not only go forward but to move full speed...

Author: /time Magazine | Title: ISRAEL GIVES UP A TOWN | 11/13/1995 | See Source »

Shirley Jones has left her husband of 17 years, comic Marty Ingels, and he seems to be using it as a source for material: "Whenever we go out, she says, 'Think David Niven.' I say, 'O.K.' She says, 'So why's it coming out Pee-wee Herman?'" The problem of disparate comic tastes was apparently exacerbated by Jones' children Shaun, Ryan and Patrick Cassidy and stepson David Cassidy, who were unable to get happy with Ingels. The couple still plan to work together...

Author: /time Magazine | Title: People, Nov. 6, 1995 | 11/6/1995 | See Source »

Fortunately, a chance vacancy in another suite provided me with a room for the year, but if the former occupant hadn't run into a wee bit of academic trouble I would have been faced with the dubious and expensive proposition of building a partition...

Author: By David H. Goldbrenner, | Title: Good Walls, Good Neighbors | 10/17/1995 | See Source »

...otherworldly harmonies for Apollo 13; Elliot Goldenthal's dashing romp through Batman Forever; Michael Kamen's lounge-lizard gloss on the great Latin lover Don Juan de Marco; and James Newton Howard's swashbuckling music for the otherwise waterlogged epic Waterworld. Together with the idiosyncratic Danny Elfman (Batman, Pee Wee's Big Adventure) and the rhapsodic Trevor Jones (The Last of the Mohicans, Cliffhanger), not to mention such still active veterans as Jerry Goldsmith (Basic Instinct), Ennio Morricone (Wolf) and, foremost among them, John Williams, whose 1977 score for Star Wars single-handedly revived the Technicolor genre, they form...

Author: /time Magazine | Title: MUSIC: RUNNING UP THE SCORES | 9/11/1995 | See Source »

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