Word: april
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Dates: during 1980-1989
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...April Fools' Day, 1989, the NCAA men's ice hockey championship, St. Paul, Minn...
Later in the week, Washington had good news: the Producer Price Index rose ! by a moderate 0.4% in April, a smaller leap than most experts had feared. Wall Street responded Friday by pushing the Dow Jones industrial average up 56.82 points to 2439.70, its highest level since the October 1987 crash. But when the sharp increases that took place during the first four months of the year are taken into account, wholesale prices are still zipping upward at a rapid 9% annual rate. The conflicting trend lines -- down in retail sales, up in producer prices -- heightened concerns about a return...
Many economists foresee bleak prospects for millions of Americans no matter what the Federal Reserve does next. Noting that wages jumped a strong 0.7% in April despite a rise in unemployment, some experts argue that the Federal Reserve must push interest rates higher to keep inflation from heating up. But opponents of that prescription say it would do more harm than good. "The greatest threat to the economy now is not inflation, but recession," says Irwin Kellner, chief economist for Manufacturers Hanover Trust in New York City. "If the Fed doesn't relax its grip within two to four months...
...same forces that control the vast flocks of migratory birds that traverse the continent twice a year. In winter the town swells to absorb 200,000 people. They are refugees from the frozen North, most of them retirees making their seasonal escape in RVs. Then, usually in April, when the temperature begins to rise and the lure of the North is greater, the huge encampment with its bustling activity rolls away, evaporating like runoff from a desert cloudburst...
...ordinary citizen, a big jump in the unemployment rate seems like bad news. What could possibly be good about the fact that almost 400,000 more people were out of work in April than in the preceding month? After all, that painful increase hurts not only those without jobs and their families, but the malls and supermarkets where they shop as well. Yet when the Government reported that joblessness rose by 0.3% to 5.3% in April, financial insiders ( applauded, the bond market surged while stocks staged a brief but sharp rally, and publications ranging from USA Today to investment-house...