Word: boom
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Dates: during 1980-1989
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...National Security Council meeting on Iran, and he had been hesitant on some of the options laid before him, he excused himself for a few minutes to take a call from Rosalynn, who was out campaigning. When he left, Jordan looked around the table, rolled his eyes and said, "Boom, there goes Iran." That was Jordan's hyperbole, but Carter's visibly toughened stance, once he was back in the meeting, was pure Rosalynn...
...level it last reached on Dec. 31, 1976, when it closed at 1004.65. What is needed to keep the bull market charging ahead? One thing would be investor confidence that there will not be a rerun of the spurt in interest rates that nipped the January boom. Another spur would be broad recognition that stocks remain cheap, especially in comparison with real estate, gold and other assets. Ten years ago, one ounce of gold, then worth $35, would have bought a little more than one share of U.S. Steel, which then was selling at 27; today Steel...
...struggles with the snatch, Rakhmanov comes out and starts to warm up. Briskly, efficiently, he snatches one weight, orders it increased, then hoists again with equal ease. Still .young enough to curl his back and lift with supple grace, he has clearly surpassed Alexeyev. The room reverberates with the boom and clang of weights being banged back to earth. Rakhmanov takes no notice...
Later in the decade, firms may be bidding against each other to get good workers. The number of jobs in the 1980s is expected to grow only two-thirds as fast as in the 1970s. But because of the end of the brisk population growth of the baby-boom era, the numbers of new workers entering the labor force will increase very slowly. Though there are now an estimated 2.3 million more workers than jobs in the economy, projections by the Bureau of Labor Statistics show that by 1990, the gap could narrow to only 300,000 more workers than...
...American World Airways announced that it was selling its octagonal Manhattan tower that looms over Park Avenue for $400 million. Completed in 1963, the 59-story aluminum and stainless steel-sheathed skyscraper leads directly into Grand Central Terminal and sits in the center of a midtown office construction boom. "To my knowledge," says John Robert White, chairman of Landauer Associates, Pan Am's real estate broker, "this is the largest price ever paid for a single urban building...