Word: drainings
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...work, it's a positive sign. Rising prices signal renewed economic vigor and a healthier job market. For everyone else, inflation is a serious pocketbook drain. Wage increases aren't likely to keep pace initially, and rising loan rates will further cut your buying power. Mortgage rates have already begun edging higher. Pretty soon we'll have to say goodbye to five-year, 0% car and truck loans...
Summers’ letter points to one of the repercussions of the national security measures established in the aftermath of the Sept. 11 attacks. Summers said these regulations are spawning an alarming trend that may soon lead to a nationwide brain drain of international graduate students...
...curious comforts of college-time scheduling lie ahead. This need to make contact before departure is all the more acute on consideration of how the college year actually finishes. It does not grind to a sudden and well-defined halt, but instead peters out, as variable exam schedules drain dorms in a gradual trickle. It’s a case of now you see it, now you don’t, completely different from the coordinated communal closure of the high school year and endowing the rites of spring time socializing with an added sense of urgency...
...convincing enough, you say? You mean you’ve been to the Beanpot in the past? You’ve seen the one or two security guards on hand who supposedly drain the team’s perpetually hurting coffers...
...expense side of the ledger is going up for clients. The largest U.S. companies will typically spend more than $4.6 million each to comply with just one section of the law, according to Financial Executives International. And large companies complain that the get-tough accounting regimen is draining resources. Paul Schmidt, controller for General Motors, says GM's audit committee meets "six to seven times face to face and four to five times by teleconference" annually. The "bigger drain," says Schmidt, is that GM's chairman and CFO are spending more time on accounting and certification issues, "instead...