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...attempted armed robbery. According to the advisory, the assailant approached the student from a driveway, struck him in the head, and tried to take his backpack, which contained his laptop computer. Although the student was initially able to run away, the suspect caught up to him at the corner of Flagg Street and Putnam Avenue, according to the advisory. The assailant then revealed a handgun, after which the victim dropped his backpack and ran away. The student was not injured in the incident, the advisory said. The Cambridge Police Department is investigating the incident because it did not occur...
...that the markets anticipate GDP health six months or so in advance, so what this disconnect is telling us is that economic recovery is just around the corner. Sure, we're seeing some green shoots particularly in China, where industrial production rose 8.3% year-on-year in March, retail sales surged 15.9% in the first quarter, and investment in fixed assets jumped 28.6% in March after rising 26.5% in February. But it's difficult to see how Asia can return to real growth with export demand dead in the U.S. and Europe - and no one expects a resurrection there anytime...
...Sachs and Morgan Stanley, have become commercial banks. With fewer competitors, banks have a lot more pricing power, while Federal Reserve lending programs and Federal Deposit Insurance Corporation (FDIC) guarantees of deposits and bank-bond issues have sharply lowered funding costs. Net interest margins appear to be turning the corner, and as a result, it is not inconceivable that banks will be able to steadily earn their way out of their problems over the next few years...
It’s Friday night, 11 p.m., and you’re walking back to your dorm room from Lamont, excited for a quiet and restful night off. You round the corner of Mass Ave and Plympton, and you’re suddenly confronted with a massive, buzzing cluster of pubescent high schoolers, sporting sweatshirts and toting Rubinoff-filled gatorate bottles. “Yo, man,” says the self-delcared leader, “know of any parties going on tonight?” You run off before you’re forced to respond. Welcome...
...House: Corner of Mt. Auburn and DeWolfe streets along the Gold Coast...