Word: dollar
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Dates: during 1970-1979
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...complicated by the fact the Democratic candidate, who affects a plain-folks style, is a man who left public service to take over a faltering family business. He then pursued its enlargement with relentless skill. With the help of tax preferences and Government props, he created a million-dollar concern, made $137,000 last year, on which he paid just under 13% federal income tax. A million dollars does not, of course, mean what it used to, but the magical figure still inspires the notion that a fellow has done pretty well. The Republican contender, while moving pleasantly and obediently...
...script at NBC was carefully plotted: Jane Pauley, 25, the corn-fed Catherine Deneuve who was the leading contender for a cut-down version of Barbara Walters' old job on the Today show, would join the program on Oct. 4-the same day, cunningly enough, that Million-Dollar Barbara started work at the ABC Evening News. That timing would have helped blunt the effect of ABC's extravagant promotion campaign to celebrate Walters' change of venue, and perhaps helped minimize NBC's embarrassment at losing television's No. 1 newswoman to a rival...
...British pound had been battered by its third serious selling wave in less than a year, and sank to a record low of $1.63 as measured against the U.S. dollar. The decline was climaxed by a precipitous loss of more than 40 in a single trading session-which, apart from formal devaluations, was the greatest drop in one day since sterling was floated in 1972. By week's end, after the government had announced that it would prop up the pound by asking the International Monetary Fund for a standby loan of $3.9 billion, sterling had recovered some...
Downward Revisions. The number that caused all the stir is a complex mathematical composite of twelve* important economic indicators. Of these three were largely responsible for the drop: the layoff rate in the manufacturing sector (it rose), the length of the average work week, and the dollar value; of contracts and orders for new plan and equipment (both declined). But Julius Shiskin, commissioner of labor statistics, believes there are technical aberrations in the layoff and work-week statistics and that after recalculation they will be corrected for the better. Other factors taking the sting out of the August index drop...
...there, with the best excuse in the world, short of playing, to attend 60 games a season. Nightly I pleaded with Bowa to lob one to the upper deck before the game began. I would sneak peaks between sales. But mostly I cheered. I was into the works: Billion dollar scoreboard, clapping hands, ear-piercing organ, Mexican hat dance, Hava Negila, Da, Da, Da Dump Pa Da; Charge...