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Alan Greenspan, party pooper, is back on the job. The morning after the Dow and NASDAQ each threw triple-digit shindigs over May?s sleeping-dog inflation number, the Fed chairman told Congress ?- and, of course, the intently listening markets ?- to keep the music down just a little bit. "When we can be preemptive, we should be, because modest preemptive actions can obviate the need of more drastic actions at a later date that could destabilize the economy," he told the Joint Economic Committee. Folks, that?s as clear as the man gets without actually saying it: The Fed will...
Despite single-digit membership, the Harvard Nordic and Alpine ski teams registered solid individual results in the 1998-99 season and worked to ensure greater team success in future years. Competing in the 12-team Eastern Intercollegiate Ski Association (EISA), the teams traveled to a series of carnivals throughout the northeast...
...double-digit explosion took some of thesting out of rough outing for two of the Crimson'susual aces, Vail and junior reliever Derek Lennon,both of whom got roughed up. Vail surrendered fiveearned runs in a short 2.1-inning stint, whileLennon was stuck with seven earned runs on sixhits through...
...result is an industry in flux. Although condolences are hardly in order--last year the industry sold $7.5 billion in cards--sales are flattening and earnings are lackluster despite a robust economy. The industry enjoyed double-digit growth from the late '70s through the '80s. Wall Street, about as sentimental as a dollar bill, issued its own greeting to the industry recently: "Get lost soon." In a single day's trading in February, American Greetings, the nation's largest publicly owned greeting-card company, with $2 billion in annual revenues, lost $800 million in market value, tumbling...
...Associated Press reported that the number of suspected anti-gay murders had more than doubled over the last year, as did the number of victims of anti-gay violence who required hospitalization. The use of weapons such as guns, knives, clubs, and bats in those attacks rose by double-digit percentages. Meanwhile, the "homosexual panic" defense--"He came on to me, I lost my mind"--continues to prove successful in winning acquittals and reduced convictions in such cases...