Word: dollarized
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Americans have resigned themselves to an inexorable fate. With a sigh and a shrug, they pull the gas pump off its handle, swipe their credit card, and cringe as the price meter climbs so fast that the dollar digit seems stuck at eight. Frustrated at their bills, they might rant to their friends, or perhaps even call their congressman...
Harvard will likely wait until a permanent president takes office before launching its multi-billion-dollar capital campaign, the University’s fundraising chief said...
Administrators have yet to announce the total dollar figure they seek to raise, though they expect it will exceed the last campaign, which ended in 1999 and yielded $2.6 billion. A similar seven-year campaign launched today would reap at least $4.2 billion, based on a higher-education inflation rate of 3.5 percent...
...serious news that merits space in the paper. It only makes us come across as petty and jealous, they say. But what these critics must remember is that Viswanathan is a public figure, and her book is a work publicly available to everyone. Five hundred thousand dollars is a serious amount of money, and plagiarism is an even more serious offense. With the press she received in the run-up to publication, she has become a prominent figure at Harvard and in the book-publishing industry. The Crimson normally does not report on plagiarism committed in the classroom, but there...
Gold is also a traditional safe haven from a weak dollar, which many (including Warren Buffett) are betting on. Dollar pessimists point to the massive U.S. budget deficit, which if uncorrected should weaken the buck over time. With that in mind, insurers and pension funds have begun allocating 2% to 5% of their portfolios to precious metals and other commodities...