Word: bernard
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Dates: during 2000-2009
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...Last December, a federal judge rejected a challenge to the University of Michigan's undergraduate admissions policy, ruling that race could be a determining factor in admissions. But Tuesday, U.S. District Court judge Bernard Friedman made the opposite ruling regarding the similarly race-conscious admissions standards of the unversity law school, declaring its admission system "unconstitutional...
...Conference Board reports Tuesday that its index of consumer confidence jumped to 117 in March from a revised 109.2 in February, topping expectations of a slide to 105. The big question: Why? TIME senior economics reporter Bernard Baumohl explains...
...Bernard Baumohl: After five months of falling consumer confidence numbers, the survey has rebounded, not just slightly but dramatically. The jump mostly comes from the part of the survey that's been weakest in the recent slide - consumers' outlook for the economic situation over the next six months. They're more hopeful that the economy will rebound by the end of the year, and that we'll avoid a recession...
...With reporting by Bernard Baumohl and Carole Buia/New York, David S. Jackson/Los Angeles, Marc Hequet/St. Paul and Douglas Waller/Washington...
...Bernard Baumohl: No. The LEI, first of all, is not the most respected gauge among economists - it's not thought to be all that accurate. But these days, analysts will jump on any indicator, so the LEI certainly had an impact...