Word: dropped
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Dates: during 1990-1999
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Americans buying cars are in the driver's seat, with vehicles more affordable than at any time in 18 years, according to a new study by Comerica Bank. Last week Ford said prices on its 1999 models would drop an average of 0.3%, the first such slide in 30 years. Prices at Chrysler and Nissan will also stay largely the same, with more options thrown...
...Although Yeltsin told the country Chernomyrdin's appointment was supposed to "maintain stability," its effect may be the opposite: The prime minister wants to reverse last week's ruble devaluation package and is expected to drop Anatoly Chubais from his cabinet -- one of the few Russian politicians to enjoy any confidence among Western bankers. President Clinton, when he arrives at the Kremlin next week, may feel as if he's walked into the Mad Hatter's tea party. "Yeltsin is no longer connected in any sense to the solution to Russia's crisis," says Quinn-Judge. "He's very much...
...that was before last week's drop in the stock market, which fostered a sense that slower growth lies ahead. And the wealth effect could greatly worsen matters if stocks really hit the skids. "We've got a market that's doubled in the last three years," says Stephen Roach, chief economist at Morgan Stanley Dean Witter. "If you lose 10% or 20% after doubling, that's not real pain. But if you take this correction into the 25% range, the market could hurt more going down than it helped going up." That's because people often feel worse about...
Such fuzziness has hardly dissuaded road warriors. Dozens of sites offer free directions and related services and are thriving. During the past two years, the American Automobile Association has recorded a 7% drop in requests for its paper TripTik maps (those handy, personalized route maps that even tell you when you're approaching the birthplace of the inventor of the mechanized reaper), even as AAA membership has increased. A spokesman attributed the dip to competition from the Web, and to the association's Map 'n Go software, a $60 navigation package that can be installed on PCs. If you want...
...wife Karen, known as the Trading Goddess before she retired from professional investing, happened to drop by the hedge fund that I manage on Wednesday to see what all the commotion was about. As I sat stunned by the decline, she eagerly flipped through the charts looking for bargains. I told her not to waste her time--the market was in free fall...