November 28, 2004 |
Wall Street is hoping for a strong finish to a year that is turning out surprisingly well for financial markets. Despite rising interest rates, a plummeting dollar, a sharp jump in energy prices and slowing corporate profit growth, Americans are on track to make good money this year in the bread-and-butter investment categories of stocks and bonds. Things could always go wrong in December.
CALIFORNIA | LOCAL
August 29, 2004 |
The Legislature finished an unusually trying year before dawn Saturday. Over eight months, its very existence was questioned and its political virility was mocked while it braced for the retirement of some of its most experienced and effective members. Lawmakers' arranged marriage with Republican Gov. Arnold Schwarzenegger -- courtesy of an angry electorate -- prevented majority Democrats from dominating the Capitol's political direction this year as they had often done under Gray Davis.
January 18, 2004
America's Heart and Soul. Filmmaker Louis Schwartz- berg tells the country's story one person at a time, from a Vermont farmer to a coal miner in Appalachia and a cowboy on the range. Walt Disney, July 2. Broadway: The Golden Age. Using interviews, home movies and with more than 100 subjects, including Angela Lansbury, Shirley MacLaine and Stephen Sondheim, filmmaker Rich McKay fashions a record of a bygone era. Dada Films, June. Bukowski: Born Into This.
January 4, 2004 |
A year ago, it was easier for many investors to imagine any number of disaster scenarios for the economy and financial markets than the possibility that things might work out OK. Things worked out more than just OK in 2003, of course, as evidenced by the fastest economic growth in 20 years and a 25.3% rise in the Dow Jones industrial average. Now, the outlook is decidedly more optimistic on Wall Street and elsewhere.