Word: dropped
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Dates: during 1970-1979
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Fallows did not jump at the chance to work for Carter, mulling over the late June offer for five or six days. He had to drop his writing projects--a piece for The New Yorker about the military and a book for Random House about class divisions in the United States--and survey friends to see whether he would have difficulty crossing back into journalism afterwards. And he studied the charges of Robert Shrum, an ex-McGovern speechwriter who left his position with Carter with a blast about the Georgian's alleged two-facedness. After three months working for Carter...
...EAST. Jimmy Carter has widened his lead in New York and is ahead in Maryland, Massachusetts, Rhode Island and the District of Columbia. New Jersey, Pennsylvania, Delaware and Maine are leaning to Carter, but his margin in those states is slim, and they could turn at the drop of a gaffe. President Ford runs ahead in Vermont and New Hampshire. Connecticut is leaning toward Ford...
...together, the Dow had worried down 90 points since the slide began in mid-September. That represented an 8% drop in share values inside of a month, which translates into a paper loss of $105 billion for the millions of Americans who own stocks directly or through mutual funds and pension funds. Among the biggest losers have been stocks in such basic industries as metals, chemicals and paper, which had been market leaders for most of the year. IBM closed last week at 262, down 20 points since the middle of September. In the same period, Du Pont fell from...
...improving." There is little chance of that happening, at least in the next few weeks. Thus some brokers now believe that stock prices will continue to slip, dragging the Dow down to a low of 900 or so before Election Day. Indeed, some analysts believe that such a drop might be a healthy correction that would leave the market poised for a new and sustained upward march later on. For the moment, however, the state of the market can offer little solace to Ford, Carter or the investing public...
...favorable time to buy big-ticket household items like furniture, refrigerators and TV sets. Yet other key indicators suggested continued economic softness. In September, retail sales rose an almost imperceptible .1% over August. Higher spending on farm equipment and fall clothing was largely offset by a sharp drop in auto purchases. Moreover, the industrial production index, at 131.3, remained unchanged from August, the first tune factory output had failed to rise since March...