June 9, 2004

R W Apple Jr column on wave of restaurants with distinctly Latin flavor springing up in Hoboken, NJ; Maricel Presilla's Cuban roots are apparent at Zafra, which also serves authentic dishes from other Latin cultures; other area restaurants and their specialties noted; photos (M)

Pete Hamill reviews book The Meaning of Sports: Why Americans Watch Baseball, Football and Basketball and What They See When They Do by Michael Mandelbaum; photo (M)

Federal Reserve chairman Alan Greenspan warns financial markets to prepare for sharper rise in interest rates in months ahead if inflation turns out to be more serious problem than Fed's policy makers now expect; tells investors not to count on 'measured' increases in short-term rates that Fed described as its preferred strategy in communique issued after its most recent monetary policy meeting, in early May; photo (M)

Clear Channel Communications reaches agreement with Federal Communications Commission to pay more than $1.7 million in penalties to settle series of indecency complaints; total fine would represent largest ever negotiated between broadcaster and commission; agreement involves, in part, Stern's accusations on airwaves; company is expected to admit that some of material that it broadcasts on its stations, including several segments of Stern radio show during which anal sex was discussed, was indecent (M)

Frank Bruni reviews Greenwich Village restaurant Babbo; photos (M)