Word: borrowing
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...unwelcome developments." Those levels, Bernanke said, were at or above the high end of what he'd consider good for price stability and long-run growth. Translation: in order to control inflation, the Fed might keep raising rates. Higher rates are also bad news if you're about to borrow money. Technically, the Fed only controls the interest rate between banks lending each other money over night (currently, it's 5%), but that trickles down to the consumer. The cost of buying a house or a car goes up, as does the price you pay for carrying a credit card...
...This tiny, troll-like creature likes to be called Geremia Heart-of-Gold, and he certainly has a florid line of patter for the desperate townspeople of Agro Pontino who come to borrow money at 100% interest, telling each woman, "My last thought in life will be of you." (He's proud of his old-school manners, telling the matchmaker, "My tool of seduction is my charming mode of speech." She corrects him: "Your only tool of seduction is hope.") But when repayment is overdue, Geremia has no heart at all. He strips one young couple of every piece...
...Macbeth on Broadway closed after 10 performances. So he has buried himself anew, this time in fake ears, fake teeth, six hairpieces and lots and lots of blue makeup. This summer he becomes Beast, a hairy, brainy, inwardly tortured mutant scientist in X-Men: The Last Stand. To borrow Beast's signature exclamation: Oh, my stars and garters...
...explains that she believes the city places excessive value on its AAA bond rating—the highest possible—which categorizes the city’s bonds as low-risk and allows the city to borrow money at a low interest rate. Since the bond rating requires a budgetary surplus, Wellons says the city cuts back its spending on services for its constituents...
...dugout before the game, utility man and sometimes reliever Max Warren showed me several of the most common curveball grips. He said I had to apply pressure with my middle finger and spin the ball off that digit. He advised me, though, to borrow a ball and see what grip suited me best...