Word: booning
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Even as the rising rates hurt borrowers, they have been a boon to many savers. Economists say that for every percentage-point increase in short-term rates, holders of securities ranging from Treasury bills to money-market funds gain nearly $20 billion in annual income. Partly for such reasons, experts predict that the latest rate hikes will have little impact on Christmas sales this year. They note that retailers did a respectable, if unspectacular back- to-school business last summer, which usually augurs a solid Christmas season. Moreover, many consumers fail to recognize that the Fed's moves can increase...
...More face time with politicians -- that's what voters really want! Once you get going in this gently revisionist vein, as the Administration no doubt hopes you will, it becomes clear that there are many previously undiscerned reasons why this election was, in fact, a Democratic boon...
Freshman Parents Weekend, coming soon, is also a boon to sales, said Proulx from The Gap. "When parents come, they buy clothes for their kids," he said...
Berlandi is Bechtel's consultant for the Central Artery project, a massive, federally subsidized highway construction project in Boston that is currently the largest public works undertaking in the country. (The Central Artery may yet prove to be one of the nation's largest public works boon-doggles. To date, it is six years behind schedule and roughly $2 billion over budget, with no immediate end in sight...
Well, that's all that I have about time for today. Next time, unless anyone suggests anything better, the column's topic will be "Second Assistant Key Grips: Boon or Bane?" So please write...