Word: bondses
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The Seneca has also maintained a strong internal club structure. Seru says it is equally important for Seneca members to build internal bonds.
Great news! Unemployment is up. Wages are stagnant. Hiring by U.S. companies is down, for the first time in more than four years. But there might be some help wanted on Wall Street soon, because Friday's unemployment report is the stuff rallies are made of. Just a half-hour...
Persuading voters to cough up more taxes is never easy. Last fall, when TIME visited Webster Groves High School in suburban St. Louis, Mo., for a special report, "A Week in the Life of a High School" (Oct. 25, 1999), school officials were anxiously plotting to put a tax increase...
--Bonds. Bond prices fall as long-term rates rise, and the moves are sharpest as you move out on the yield spectrum. Stay away from 30-year bonds until it's clear that long-term rates have peaked. A better bet--one that will lend your portfolio stability, win big...
For investors, tech stocks have always been wobbly, with their stratospheric price-to-earnings ratios and fluid business plans; now they're starting to careen, mostly downward, with regularity, and other bets are only getting better. "The higher interest rates go, the more lucrative bonds and T-bills are," says...