Word: crediters
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Just don't pull out the noisemakers quite yet. The segment of the market that's reviving is very narrow. In May, some 29% of sales were to first-time home buyers. The federal government's $8,000 first-time home buyer tax credit provided a lot of the boost. That means if you're trying to sell a house that a first-time home buyer probably wouldn't purchase - anything that's not priced as a starter home - you're not likely to feel the benefit of a faster moving inventory. And if you're trying to sell...
...they are considering moving to Connecticut for lower taxes. We need to keep the state competitive,” said Sawyer. And there’s no guarantee the surcharge will be temporary. For the next two years, federal stimulus money will fund 17 percent of the deficit. Extra credit: What happens when that money disappears...
...industrial output in the world's second-largest economy jumped 5.9% in May - the third consecutive month-to-month increase - output remains down nearly 30% compared with May, 2008. "Currently, the recovery is boosted by global destocking and the government economic-stimulus measures," says Hiromichi Shirakawa, chief economist at Credit Suisse in Tokyo. "If [those] fade away, it's possible for the [economy] to go down again." (See 10 things to do in Tokyo...
...comes from Boris' splenetic vigor: his misery is good company. He's an artist of invective--and in this year's movie gallery of mean old men, a chattier cousin of the widower in Pixar's Up. Credit Boris' vitality to David, resident curmudgeon on HBO's Curb Your Enthusiasm. Boris isn't far from roles Allen has written for himself, yet sentiments that sound whiny when Allen articulates them have a robust manliness in David's voice. Rancor is the medicine that keeps Boris alive. It makes him the ideal foil for Melody's cheerful resilience (which Wood winningly...
...Photo Credit: Alan C. Chiu/The Crimson