Word: benchmarking
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Wall Street had more topsy-turvy times last week. On Monday the major banks raised the benchmark prune interest rate they charge many business clients a half point to 19.5%. Immediately the Dow Jones industrial stock average fell 13 points to 963, continuing its drop of 61 points in less than a month. But later in the week the Dow rallied 23 points to close at 986. Bond prices, which had plunged some 7.5% since the end of March, also slumped on Monday but came back to finish up about 2% for the week...
...many social programs. The lure for conservative Democrats is that Jones' proposal includes only a one-year tax cut and projects a much smaller budget deficit of $24.7 billion for 1982. Reagan, however, insisted that this plan was just "an echo of the past rather than a benchmark for the future...
...ministers of the 13-nation Organization of Petroleum Exporting Countries are gathering this week. The occasion will be OPEC's 59th ministerial meeting since the cartel was founded in 1960. Looming over all other discussions: whether to push up the cost of oil beyond the $30 Saudi benchmark price and the $37 per bbl. ceiling price set in June...
Harrington's career provides a good benchmark for charting the rise of disinterest. When he wrote The Other America in the early '60s, almost everyone, including congress, listened. Decade of Decision, issued earlier this year and just as full of the hope and despair of American life as his earlier work, already carpets remainder tables coast to coast...
...Massport officials promised to monitor noise levels in Cambridge over the next few months in order to establish a "benchmark noise level...