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June 26, 2001

THE FED'S MAGIC TONIC ISN'T WORKING

THE Federal Reserve is meeting this week, and by tomorrow we should have our sixth interest rate decrease of the year. Six! In just six months. And whether you are...

TRADE WAR LOOMS - BUSH MULLS BAN ON IMPORTED STEEL

A trade war moved closer to erupting yesterday following Europe's latest vote to scuttle the $42 billion merger of General Electric and Honeywell. Just as the European Commission was casting...

THE MYSTERY OF 300 MAD

SOMETHING was oddly missing from the groundbreaking the other day for 300 Madison Ave., the 1.1 million square-foot tower Brookfield Financial Properties is building for CIBC World Markets - any...

O'NEILL'S EAT AND GREET - COURTS WALL STREET BIGS AT PRIVATE LUNCH WITH FED

Who said the "Power Lunch" was dead? U.S. Treasury Secretary Paul O'Neill courted Wall Street's elite yesterday in a hush-hush private lunch at the Federal Reserve Bank, The Post has...

INT'L PAPER CUTS 3,000 AS LAYOFFS TOLL GROWS

International Paper led the firings parade yesterday with plans to slash 3,000 from its payroll due to falling demand for paper. The nation's biggest maker of paper and lumber will...

LIONS GATE FEASTS ON ACQUISITION REPORT

Investors took some profitable news yesterday from The Post's exclusive report that Lions Gate Entertainment is in talks to be bought by "The Blair Witch Project" maker Artisan Entertainment. Shares...

TIGER STREAK OVER? - DOW SINKS 100 WOODS TOURNEY

Even the "Woods Effect" couldn't save stocks yesterday. Blue chips finished down again, despite golf star Tiger Woods playing in the Buick Open this weekend and a slow news day....

A PLACE IN THE SUN - S. AFRICAN TOWN ONCE KNOWN AS 'SIN CITY' IS NOW A FANTASY LAND

A Mecca for gambling, drinking and topless dancing may not seem like the ideal place to bring kids on vacation. But the term "Sin City" no longer applies to Sun...

'DOCTORS OF DESIRE' SHOP SEX TALK SHOW

WHO knew women cared so much about sex? Apparently enough to warrant a new daytime syndicated talk show hosted by a pair of the brightest stars in the female sexuality...

TRAVELER'S UPDATE

Get your kicks Nowhere does Route 66 live on quite as prominently as in New Mexico, so it's fitting that Albuquerque will commemorate the 75th anniversary of the now defunct...

SORRY, ARCHIE - EDITH CAN'T MAKE FUNERAL

LOS ANGELES - Hopes for an "All in the Family" reunion were dashed yesterday when Jean Stapleton said she couldn't attend this morning's funeral of legendary actor Carroll O'Connor. A...

CNN ANCHOR ANDREA IS TRUE BLUE - 'WHAT THE HELL IS THE DIFFERENCE BETWEEN ACTING AND READING HEADLINE NEWS?'

LAY off Andrea Thompson! That's the message from renowned news trainer Herb Brubaker, who has worked with the former "NYPD Blue" star and thinks she has what it takes to...

STARR REPORT

MSNBC scrapes off BarnicleMike Barnicle's stint as host of his own show, "Barnicle," on MSNBC is over. Barnicle - a former Boston Globe columnist who resigned in a quote-piping scandal...

SEX IS GUARANTEED THIS TIME AROUND IN BIG BROTHER'S... LOVE SHACK

'BIG Brother" himself promises sex and controversy on this summer's edition of the CBS reality show that has seen wild success overseas but a dud in the U.S. The show's...

APOTHECARY NOW - OLD-TIME DRUGSTORES SURVIVE ON CHARM

ONCE upon a time, before there was a Duane Reade on every corner, Manhattan had lots of mom-and-pop pharmacies with soda fountains in the back. The fountains are gone and...

'DIGGING' FOR GOLD - HAS YOUNG BROOKLYN FILMMAKER SCARED UP THE NEXT 'BLAIR WITCH PROJECT?'

'SOFT for Digging," an ultra-low-budget shocker by a young Brooklyn film-school grad, could be the next "Blair Witch Project." "Every distributor has been looking for another windfall like 'Blair Witch'...

HEY, I'M STILL SMITTEN!

I WILL always be a big fan of the Gap no matter what the business experts say. Of all the big, reasonably priced chain boutiques, it's the most democratic. The...

THE TWILL IS GONE - NEW YORKERS FALL OUT OF LOVE WITH TRENDY GAP

It was the fashion chain that made "Casual Fridays" possible. With its signature khakis, button-down polos and T-shirts, the Gap could do no wrong. But now the uber-company's popularity is...

CONVERGING TECHNOLOGY: COMING TO A SCREEN NEAR YOU

It's a one box world, baby. We've seen the personal computer act like a television - think streaming video. And we've seen the TV act like a PC - think...

... WHILE HANDHELDS MERGE WITH PHONES FOR MULTIPLE TASKING

Convergence is the word when it comes to the latest handheld personal computers. It's a world beyond wireless personal digital assistants (PDAs). The forces have collided to create PDA/cell phone...

THE GAMES PEOPLE PLAY - THIS SUMMER'S HOTTEST NEW GAMES SOFTWARE

Looking for suggestions to add some sizzle to your summer gaming? The Post spoke with Stephen Frost, senior editor of PlayStation Magazine, who just attended E3 - Electronic Entertainment Expo...

THE WAY YOU PLAY THE GAME - PLAYSTATION2, XBOX OR GAMECUBE? BATTLE FOR DOMINATION HAS BEGUN

As Carly Simon, once sang, "Anticipation." That's the watchword as gamers wait for the November release of both Microsoft's Xbox and Nintendo's GameCube - two brand new game consoles. Industry...

PICK-YOUR-OWN APPLES - THE TIMING OF APPLE'S FORAY INTO RETAIL SEPARATES THE COMPANY FROM OTHER PC MANUFACTURERS

When Apple founder Steve Jobs introduced the Apple II personal computer in 1981, it was considered to be the ultimate personal computing experience. There was no Microsoft, no Internet, no...

TERMINATING YOUR COMPUTER

"Macworld" columnist Andy Ihnatko turned his old Mac Classic into a fish tank. In Japan, there's been a sighting of a backpack made from the shell of an iMac. Apparently,...

JUST A FACE IN THE CROWD? - SUPERBOWL KICKED OFF THE USE OF FACE RECOGNITION SOFTWARE - BUT IS THIS AN INVASION OF PRIVACY?

It's in your face. Face-recognition software, which can be used to scan faces and match them with stored information for identity puposes, has become more pervasive. Such technology advances, including...

BOARD PREZ: LEVY HID BOOK$: SAYS HE KNEW OF $1.5B OVERRUN

Schools Chancellor Harold Levy's office knew about exploding school construction overruns six months ago, but kept it a secret, the president of the Board of Education charged yesterday. Ninfa Segarra...

WOMAN IS SACRIFICED IN LOTTO RITUAL

An American woman, whose remains were found in a shallow grave in Malaysia on Friday, was killed as a human sacrifice in a bizarre ritual to obtain winning lottery numbers,...

'GAY' SINEAD TO WED BRIT JOURNALIST

Irish pop singer Sinead O'Connor - who declared herself gay two years ago - is getting married after a whirlwind romance with a British journalist. O'Connor, 34, has been dating...

THE MURDERING MOM & THE PRISON OF SELF

ACCORDING to elite media opinion, it's less important that Andrea Yates killed her five children in cold blood and cold water than that her action is "shining a spotlight" on...

FEDS PUTTING THE BITE ON GOTTI'S 'LOAN-SHARK' BUDDY

A reputed backup shooter in the 1985 Sparks Steak House mob hit on Gambino crime boss Paul Castellano went on trial yesterday on charges he funneled $2 million in loan-sharking...

JEWISH CLAN MAY GET HITLER BUNKER SITE

A group representing Holocaust victims is close to winning its claim to Adolf Hitler's bunker, where the Nazi leader killed himself. The Jewish Claims Conference wants to sell the vacant...

MICK GOES 'GUN'-ING FOR EX-WIFE HALL

Mick Jagger will finally get satisfaction after being dumped by ex-wife Jerry Hall - he's bitterly attacking her in a new song. In the heart-wrenching track "Gun," the 57-year-old rocker...

CONDIT MUM ON INTERN-AL 'AFFAIR'

WASHINGTON - Rep. Gary Condit did not tell either cops or Chandra Levy's parents whether he had an affair with the missing intern, The Post has learned. In two dramatic...

TERROR JURY WON'T SEE TRAGIC GUARD 'FINGER' SUSPECTS

A prison guard who was nearly killed in an attack has used crude hand signs to implicate a terrorist convicted of blowing up a U.S. embassy in Africa - but...

LAWSUIT: 'GOLDEN GIRL' DITCHED HER DYING DOGGIE

"Golden Girls" actress and animal-rights activist Rue McClanahan is being accused of abandoning her sickly German shepherd. McClanahan's troubled former friend Dirk Summers has filed an animal-neglect lawsuit alleging that...

LENNON NOTES PRICED AT 35G

A two-page manuscript of notes by John Lennon for a stage play he wrote is up for sale for $35,000. The handwritten notes and doodles include a working draft of...

CITY POLS RAIL AGAINST VOTE NOT TO FUND NEW SUBWAY

New York politicians yesterday blasted a House of Representatives vote to halt the money train for the Second Avenue subway project. "It is important for Congress to add the necessary...

KERIK: TAKE A BYTE OUT OF CYBERCRIME

Police Commissioner Bernard Kerik is revamping and expanding the computer crime squad that combs the Web in search of cyberthieves, pedophiles, pornographers and Wall Street scammers, The Post has learned....

SQUAD IS GRITTY, NOT GEEKY

Don't call them cyber-cops. They're street cops armed with a new tool. "People sometimes have the image that we sit in front of a computer with propeller hats on our...

STARBUCKS SERVES UP WIRELESS I'NET

Will that be Google with your mocha Frappuccino? Starbucks has quietly rolled out its new Internet service, which allows customers with properly equipped laptops to surf the Web from its...

LORI KIN: PERU TRIAL A 'SHAM'

Lori Berenson's parents yesterday denounced her "sham" trial - but Peru's president-elect, Alejandro Toledo, said he would not intervene in the former New Yorker's terrorism conviction or 20-year sentence. "We...

GOTTI MOUNTS CANCER BLITZ

Cancer-stricken John Gotti is drinking dietary supplement Ensure and eating a limited amount of solid food to build up his strength for another round of chemotherapy, his lawyer said yesterday....

HEVESI: DEM FOES AND I ARE FOUR OF A KIND

City Comptroller Alan Hevesi said yesterday that on the major issues, there's virtually no difference between the four Democratic candidates for mayor - a remark that drew the wrath of...

GREEN ONCE HAD CASE OF THE GAY-WEDDING JITTERS

MARK GREEN'S team insists the public advocate has consistently supported gay marriage - but the record suggests otherwise. During the Democratic primary battle for the U.S. Senate in 1998, Green...

U.S. ATTORNEY EX-AIDE EYED AS MOB MOLE

A former part-time stenographer in the Manhattan U.S. attorney's office is under investigation for allegedly tipping off mobsters about undercover federal investigations, the FBI said yesterday. The probe centers around...

KIDS MORE LIKELY TODAY TO LIVE WITH 2 PARENTS: STUDY

Kids from poor families are living more and more in traditional two-parent homes - and the sweeping overhaul of the nation's social system is being credited for the change. A...

CITY CASTING 'NET FOR U.N. SCOFFLAWS

After trying just about everything else, the city's Finance Department is resorting to humiliation to convince scofflaw diplomats to pay overdue parking tickets. For the first time, the top 25...

THROW OUT THE 'GIMME' GANG

MAYBE it was jet lag. But a few seconds back from an Italian holiday, Schools Chancellor Harold Levy was explaining, with unusual clarity, what's up with our schools. Asked how...

DEM GOV RIVALS GO TOE TO TOE

BOLTON LANDING, N.Y. - Democratic rivals Andrew Cuomo and Carl McCall yesterday ignored pleas for party unity and traded the sharpest barbs of the 2002 governor's race. At a state...

NEW YORK POST: FROM JUNE 26, 1906

"Insanity Plea for Thaw," read The Post's headline about millionaire Harry K. Thaw's sensational murder of architect Stanford White "on the Madison Square Roof Garden. It was just after 11...

HIGH COURT'S BIG BLOW TO RACE QUOTAS

WASHINGTON - The U.S. Supreme Court yesterday dealt another blow to affirmative action, green-lighting a lower-court ruling that had ended the racially based program at public colleges and universities in...

CHARITY STARTS TO ADD UP: TALLY FOR THE VICTIMS' FAMILIES IS NEARLY 200G

New York is still pouring out its heart to the firemen who died during last week's Astoria fire - to the tune of nearly $200,000. The Uniformed Firefighters Association, which...

PARENTS, DON'T LET YOUR KIDS REPEAT THESE CRAZY MISTAKES

MY SONS Sean and Pete, whom I love desperately, won't like what I'm about to say. That terrible tragedy of drag racing in Long Island can only be seen through...

'BRADY KID' SUES UNION OVER FINE

Barry Williams, who played Greg Brady on "The Brady Bunch," filed a complaint with the National Labor Relations Board in Manhattan yesterday, charging Actors Equity with unfair labor practices. Williams,...

CLASS ACTION - STUDENT FILES $5M SUIT AGAINST HER OWN LAW PROF

A law student is taking her professor to school - suing him for $5 million for pulling a chair out from under her as a demonstration in a class on...

ARMY DEFENDS USING CHOPPERS FOR ACTION FILM

WASHINGTON - The Army yesterday defended sending sophisticated Black Hawk helicopters to Morocco for a Jerry Bruckheimer action movie as military experts opened fire on the decision. In what could...

MOM KILLED KIDS WHILE OFF RX DRUG

The Houston mom who drowned her five children in the bathtub was taken off powerful anti-psychosis medication shortly before the killings. The lawyer for Andrea Yates said yesterday doctors had...

RUDY BIDS AGAIN TO GET JUDI INTO GRACIE

Mayor Giuliani is pressing forward with his bid to get "good friend" Judith Nathan into Gracie Mansion before he's out of it. Giuliani divorce lawyer Raoul Felder filed papers with...

CITY SLAY RATE TAKES A PLUNGE, COP STATS SAY

Crime in the Big Apple is continuing to plummet dramatically - with the murder rate down more than 13 percent from last year, according to new figures from the NYPD....

YOU MIGHT BE A 'REDNECK' IF YOU SUE A HS

A T-shirt-loving teen has 10 top reasons why he's suing his New Jersey high school for suspending him. Thomas Sypniewski Jr., 19, got tossed from Warren Hills Regional High for...

'TAXES' STILL A FOUR-LETTER WORD IN N.J.

Tax cuts pack a real political wallop. The conventional wisdom has pooh-poohed the campaign power of tax cuts - but they're the prime reason why conservative Bret Schundler zoomed from...

WOODY'S FILM PARTNER SHOOTS BACK

Woody Allen's longtime business partner yesterday said charges she ripped the director off are bananas - and claimed he's the one who's guilty of not-so-sweet and lowdown behavior by "betraying"...

GAS PRICES

Just in time for the gas-guzzling days of summer, a national survey shows prices at the pumps dropped nearly 9.5 cents a gallon in the past two weeks. The Camarillo,...

MAN QUIZZED IN STRIPPER'S DEATH

Police yesterday were questioning a man they found with the car of a Times Square stripper who was run over and killed on a New Jersey highway. Janice Davy, 20,...

'DON'T DO IT,' WIFE PLEADED: BUT DEATH RACER IGNORED HER

The drag racer who killed an innocent driver and himself in a head-on collision put the pedal to the metal of his Lamborghini even as his wife desperately pleaded for...

JABBING IN JERSEY: GOV HOPEFULS TRADE 11TH-HOUR POTSHOTS

Charges of dirty tricks are flying at the last minute in New Jersey's nasty Republican gubernatorial primary, as voters today pick between conservative Bret Schundler and moderate Bob Franks. Schundler,...

FEDS: TOP-GUN G-MAN LOADED WITH HEROIN

A top federal agent wearing his uniform was allegedly caught with 35 envelopes of heroin after a lengthy chase through Brooklyn streets, The Post has learned. Sources said Matthew Gugliotta,...

B'KLYN BASEBALL A HIT

They worshipped at the altar of baseball again yesterday in the Borough of Churches as the national pastime returned to Brooklyn and the minor-league Cyclones won 3-2 in a 10-inning...

JESSE'S JAILED WIFE ON HUNGER STRIKE

The wife of the Rev. Jesse Jackson, arrested a week ago for protesting the Vieques bombings, has joined the Rev. Al Sharpton by staging a hunger strike, it was revealed...

TEEN SLAIN IN BX. DELI DISPUTE

A 15-year-old Bronx boy was shot to death inside a deli last night, in what neighbors say was a dispute over a girl. The victim, whose name was withheld pending...

W. TAKES HEAT ON CHINA OLYMPICS

WASHINGTON - Democrats and Republicans alike criticized President Bush yesterday for looking the other way while China moves closer to winning the right to host the 2008 Olympics. Absent a...

ORANGE JUICE IS 'HEART'-Y DRINK: STUDY

O.J. is back in the news. The ingredients in orange juice pack powerhouse antioxidant, anti-cancer, antiviral, anti-allergenic and anti-inflammatory properties, a new study shows. The juice is associated with reduced...

NOW YOU CAN 'SURF' AT STARBUCKS

Will that be Google with your mocha Frappuccino? Starbucks has quietly rolled out its new Internet service, which allows customers with properly equipped laptops to surf the Web from its...

CHINA PREZ THE FOURTH TENOR?

The Three Tenors could become the new Gang of Four, if Luciano Pavarotti can convince the president of China to perform with the vaunted trio. The tubby tenor got the...

NEW FLICK GLORIFIES DEADLY PURSUIT

In the wake of a drag-racing tragedy that left two dead, moviegoers said the revved-up summer film "The Fast and the Furious" gives a misleading picture of the illegal pastime....

FAST-HEALING PAYTON BACK IN LINEUP TODAY

CHICAGO - Jay Payton's torn right hamstring is healed and he will be back in the Mets' lineup today. "The reports on him are real good," Phillips said before last...

YANKS GET AWFUL JAY UGLY 'W'

Jay Witasick ended his inaugural conversation with the New York press yesterday afternoon by turning into his locker and saying, "See if the uniform fits." Uhh, Jay, that might've been...

TINO PROVIDES A MEMORY

TINO Martinez emerged from the Yankee dugout just before 10 p.m. and the crowd cheered a memory. That is all he has been for weeks now, a memory of a...

METS SHOULD'VE KEPT ALEX IN BIG LEAGUES

CHICAGO - In a season as drab as an episode of "7th Heaven," he could inspire viewers to keep turning on the tube. He could provide some much needed excitement....

TORRE MAKES ALL THE RIGHT MOVES

YANKEE NOTES Joe Torre called it his "right-handed reaching lineup" before the game. The lineup shuffle by the Yankees manager again showed he has a knack for making all the...

YANKS HAVE D-LIGHTFUL 9TH

The Yankees have been a surprisingly middle-of-the-road defensive team this year. At times their fielding has been downright bad. But in the ninth inning last night against hard-hitting Cleveland, when...

ANEMIC METS HIT NEW LOW - 11 GAMES UNDER .500 AFTER LOSS TO CUBBIES

CHICAGO - During the final at-bat of last night's game, the Wrigley Field crowd of 40,229 chanted, "New York [stinks,] New York [stinks,] New York [stinks.]" Who could argue with...

WOODS: I NEED A VACATION

It was stunning, the world's greatest golfer sounding like every duffer ever tempted to heave his clubs in the drink. Tiger Woods is trading his 3-wood for a fishing rod....

MSU'S RICHARDSON HIGH ON NET LIST

Another day has passed, but not necessarily any of the confusion or questions about exactly who will be available when the Nets pick at No. 7 in the NBA Draft...

HURTIN' HOCH GIVES GARCIA HAND

Trying to catch Sergio Garcia was a painful handful. "My hands are about done. I need a week off," Scott Hoch said after finishing second to Garcia at the Buick...

VAN HORN WOULDN'T MIND GOING HOME

There are worse fates than playing in Utah; at least Keith Van Horn thinks so. Van Horn has told reporters that if the Nets do trade him, he would not...

YASHIN AND ALT EXCITED BY DEAL

Not only is center Alexei Yashin excited about being traded to the Islanders, but so is his girlfriend, Carol Alt. The two of them are vacationing in France and have...

SERGIO SLAMS BUICK DOOR

The day was highlighted by fist-pumping, knuckle-bumping, high fives, low fives and many smiles from the young, energetic and charismatic Buick Classic winner yesterday. There were large galleries cheering him...

WILPON: STADIUM DEAL CLOSE

According to soon-to-be majority team owner Fred Wilpon, the Mets should have a deal for a new stadium hammered out by the end of Mayor Rudy Giuliani's term. Wilpon, on...

TIME TO CUT TIGER A BREAK

LONG before yesterday's final round of the Buick Classic would climax under the bright sunshine at Westchester Country Club, Tiger Woods quietly departed from the 18th hole. At that moment,...

MORE REASON TO HATE BUICK

CLASSIC NOTES Winless-on-tour Jay Williamson, who claimed that Buick earlier had withdrawn a sponsorship offer to him, failed to win a car yesterday when he aced the 126-yard sixth hole...

BROTHER: CWEBB LOVES NEW YORK

Jeff Webber knows how much his older brother, Chris, loves New York. Last month, Jeff told Chris he was going to propose to his girlfriend. CWebb told him to do...

USC'S SCALABRINE CAN FILL KNICKS' BIG NEED

In a draft filled with high school players, projects and underclassmen not ready to help next season, there is a standout in USC senior power forward Brian Scalabrine. The Knicks,...

ROCKER HASN'T CHANGED

Different team, different uniform, different style. But recently-acquired Indians closer John Rocker is still the same clueless boor he was in Atlanta. The last time he was in town, Rocker...

COMEBACK IN CONEY - 'CLONES' RALLY CAPS HISTORIC NIGHT

10 INNINGS: Cyclones 3 - Scrappers 2 Sometimes the script is written beforehand, some Hollywood schmaltz that the producer dreams up in an unlikely hope that it'll actually unfold come...

WITASICK'S ALL SET TO CONTRIBUTE

Jay Witasick was assigned uniform No. 45 and a locker next to the Yankees' bathroom. After meeting with a sizable group of reporters that blows away any San Diego press...

TORRE DEFUSES ROGER ALL-STAR FLAP

YANKEE NOTES If you're waiting for the other shoe to drop regarding the Roger Clemens/All-Star situation, please exhale. Clemens has said he's not concerned about the All-Star Game for the...

IT'S BASEBALL HEAVEN - FAN, MEDIA FRENZY FOR CYCLONES OPENER

If you're a baseball prospect, the formula is pretty simple as you embark on your first step toward the major leagues: Spend your formulative first years in the minors playing...

THESE ARE BOMBERS?

IN THEIR offseason plans, the Yankees looked at the four rotation veterans and believed they could skimp on the back of their bullpen. They gauged the experience in their everyday...

FAST-HEALING PAYTON COULD REJOIN TEAM TODAY

MET NOTES CHICAGO - Jay Payton's torn right hamstring is doing so well, GM Steve Phillips said Payton could be with the Mets as early as today. "The reports on...