Word: bonanza
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...Kong, Taiwan and Singapore, have driven up prices at an astonishing rate. In some luxury buildings, prices surged 45% in six months, fueled by low mortgage rates, expectations among foreign buyers that China's currency will gain against the U.S. dollar and widespread fear of missing out on this bonanza...
Luckily, Steven Spielberg’s sparkling new version of H. G. Wells’ anti-colonialist sci-fi bonanza, “The War of the Worlds,” avoids the cliché pratfalls that have been the peril of many an ambitious epic. As he destroys Planet Earth, Spielberg spares us images of the White House splintering to pieces or blustery generals ordering tanks and fighter jets into battle; instead, we see the horrors through the eyes of Spielberg’s everyman hero, Ray Ferreira (Tom Cruise...
...cover report on the U.S.'s real estate bonanza and the way record home prices are changing people's lives drew responses from happy homeowners, worried prospective buyers and those dismayed by the rampant speculation. Some said the housing market is a bubble that's bound to break...
...attract premium income that could be invested at those towering interest rates. They wrote liability policies that posed a high risk at premiums low enough to almost guarantee an underwriting loss; competitive rate-cutting slashed some premiums by 20% or more. But the insurers never got the bonanza they expected. Underwriting losses rose faster than investment income grew even when interest rates were at their peak...
Wall Street investors have greeted the home-shopping concept as if it were the next big bonanza, like personal computers or genetic engineering. "It's TV as another shopping mall," says Stuart Robbins, who follows the retailing industry for Donaldson Lufkin & Jenrette, the investment firm. When HSN went public last May, its shares skyrocketed from 18 to 42 on the first day, and are now about 118 (after adjustment for a 3-for-l stock split...