Word: cores
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Dates: during 1980-1989
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...economists foresee no renewed outbreak of feverish jumps in the C.P.I. They predict that the index will meet the Administration's targets by rising just 5% for all of 1982 and 5.7% in 1983. The economists were particularly cheered by an unexpectedly sharp drop in the so-called core rate of inflation, which measures the inflationary impact of wage gains. That key indicator has fallen to about 6%, from a high of about 9% in 1980. Said Walter Heller, chief economic adviser to Presidents Kennedy and Johnson: "A sustained period of 6% core inflation is a very substantial improvement...
...last week, in private some moneymen were much less sanguine. Said one investment banker: "The episode showed that the system can work if the proper people apply pressure at the right time, but the reaction could have been terrible. Adverse news is one thing, but un certainty at the core of adverse news can create widespread panic." Even if the banks manage to collect something from Drysdale, the anticipated after-tax loss of $135 million that Chase expects to suffer from the affair will probably wipe out the bank's earnings for the second quarter...
...School Derek C. Bok called the occasion "the saddest day of my life." The students' decisions to seize the offices of Harvard's deans as a means of protesting the war in Vietnam had met general disapproval from moderates, but the nightmare of brutality inflicted by police in the core of the Yard forced a painful reappraisal of the University's relations with its students and its role in society...
Harvard, first of all, stands for progress--its pursuit and the hope of its attainment. Taken to its logical extreme, the idea of institutional neutrality erodes the University's reason for being. Progress implies change blended with continuity. Isn't one of the Core Curriculum's primary purposes to provide a common set of (Western) values, a common method of approaching relevant moral and political issues? Isn't the message of Derek Bok's fundraisers that the schooling of students in American values has become increasingly urgent in a period of federal entrenchment and international complexity...
...genuine article in the U.S. A few of the bogus machines bear Apple Computer Inc.'s distinctive trademark, a multicolored apple with a bite missing. Others have slightly changed names like Apolo. Asian manufacturers have so successfully duplicated the silicon micro chips in the core of the Apple machines that the imitations can use a broad range of software, from VisiCalc, the top-selling business budgeting and planning program, to video games like Snack Attack and Rocket Intercept...