On this day
Revisit the music, news, notable people, and historical moments connected to this date.
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Market Watch column on latest surge in stock market; credits Federal Reserve chairman Alan Greenspan's remark that he is not worried about 'irrational exuberance' he had previously discussed (S)
Credit card issuers, hurt by brutal competition and rising defaults, have started to raise fees and interest rates, limit credit lines and scale back most generous bonus programs; losses from bad credit card debt have risen to 7 percent of total balances; industry retreat is so subtle that many consumers may not notice change; graphs (M)
Steve Wynn, strong-willed gambling industry executive who has built string of hugely successful casinos, is lately flexing his muscle in interests of saving pristine waters of Lake Tahoe; Wynn, who has sprawling home on lake and serves on Tahoe Regional Plannning Board, helped push through new ban on personal watercraft that dump large amounts of fuel into water; board was established by Congress, California and Nevada to balance development and environmental protection; photos; Wynn, who is losing his sight to retinitis pigmentosa, discusses commitment to preservation, saying Tahoe reminds him of Adirondack Mountains where he spent childhood summers; biographical profile (L)
Article assesses 1997 Chevrolet Camaro SS; photos (M)
Quarterly report on mutual fund performance; few funds have managed to lose money in last year or so, no mean feat in raging bull market, in which stock mutual funds have averaged annual returns of almost 17 percent; tables showing recent performances by fund categories (M)
Music on My Birthday
The Top 50 albums for the chart week of July 2, 1997, covering July 6, 1997.
Bob Carlisle
Spice Girls
Tim McGraw
Wu-Tang Clan
Hanson
1997Chetan Anand, Indian director, producer, and screenwriter (born 1921)[†]
Chetan Anand was a Bollywood film producer, screenwriter and director from India, whose first film, Neecha Nagar, was awarded the Grand Prix Prize at the first ever Cannes Film Festival in 1946. Later, he co-founded Navketan Films with his younger brother Dev Anand in 1949.
1997The Troubles: In response to the Drumcree dispute, five days of mass protests, riots and gun battles begin in Irish nationalist districts of Northern Ireland.[†]
The Troubles were an ethno-nationalist conflict in Northern Ireland that lasted for about 30 years from the late 1960s to 1998. Also known internationally as the Northern Ireland conflict, it began in the late 1960s and is usually deemed to have ended with the Good Friday Agreement of 1998. Although the Troubles mostly took place in Northern Ireland, at times violence spilled over into parts of the Republic of Ireland, England, and mainland Europe.
In 1997, the world population was approximately 5,924,787,816 people[†]