Word: bernard
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...actions at a later date that could destabilize the economy," he told the Joint Economic Committee. Folks, that?s as clear as the man gets without actually saying it: The Fed will raise interest rates one quarter point at its meeting on June 29. Says TIME senior economics reporter Bernard Baumohl: "After two weeks of wondering, he just removed the uncertainty...
...remained flat (with only a 0.1 percent hike if you exclude falling energy prices). That?s zilch, folks. And so now it can be told: Reports of the resurrection of inflation were greatly exaggerated. "April?s rise was, as predicted, a one-time thing," says TIME senior economics reporter Bernard Baumohl. "With May?s number, the jittery markets may finally be able to stop worrying." (And they did -- rising by almost 190 points by the end of trading Wednesday...
Avant-garde writer and culture impresario Gertrude Stein was a stolid, heavy presence, monolithic, unladylike. She liked to gossip and had a great laugh. She boxed with welterweights for exercise. Art expert Bernard Berenson described her as looking "like a statue from Ur of the Chaldees." Alice B. Toklas was a chain smoker with a slight mustache, given to exotic dress, Gypsy earrings and manicured nails. They met in Paris in 1907. Alice, 29, found Gertrude, 33, "a golden brown presence." Gertrude insisted that Alice had heard bells heralding Stein's "greatness." Alice said Gertrude was simply struck by love...
Receiving honorary degrees in this morning's ceremony are: Kenneth J. Arrow, Bernard Bailyn, Herbert Block, Louise Bourgeois, Andrew F. Brimmer, David R. Cox, Alan Greenspan, Julia Kristeva and Mario Vargas Llosa...
...Bernard Bailyn...