Word: barings
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...first time in nearly three years, theFederal Reserve cut interest rates by one-fourth of a point today, in hope that easing borrowing costs might prevent the U.S. from slipping into recession. "They did the bare minimum they could to tell the markets they were concerned," saysTIME's Suneel Ratan. It seems to be working: while at least two major banks reduced their consumer loan rates to 8.75 percent, the Dow Jones Industrial Average surged more than 48 points to close at another record 4,664. But Ratan notes that the markets were counting on the move: "Ordinarily, the impact...
...these broadcasts featured comments both from the governor and from some of the prisoners who were already working in chain gangs on public works projects. the corpulent Edwards, his bare forehead beginning to sweat from the sun at his outdoor interview, told the network correspondent, "...if you gon' rape an' kill an' rob...you gon' end up on the chain gang!" Out on the road, the sweltering prisoners in their manacles and white uniforms complained far more eloquently; after decrying his chains and working conditions, one stated...
...money generated by a spectrum fee on broadcasters could go a long way. Today annual gross television-broadcasting revenues in the U.S. are conservatively estimated at about $25 billion; by itself, a bare minimum of 1% of broadcast-television revenues would pay annually for $250 million of children's programming; 3% would provide $750 million, a sum with which Americans could transform not only children's television but childhood itself...
...landed in a grassy clearing, O'Grady wasted no time. In seconds, he had shed his parachute and was dashing toward a small clump of bushes. There he quickly dug his face into the dirt and covered his ears with his green gloves so that no bare skin would be visible. Barely in time. Within four minutes, Serbs had swarmed over the area in a furious effort to find...
...wall in Bragg's newly bare Currier Housesingle, opposite the sleek super-bass, multiple-CDstereo, there is a detailed neighborhood map ofHarlem with notable sites marked...