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...Beige Book" - offers a collection of anecdotes from market experts, economists, "key business contacts" and reports from Bank and Branch directors all over the country. Published eight times per year, the latest Beige Book will be used in the upcoming Dec. 16 monetary-policy meeting, when the Fed will determine whether to cut interest rates...
...reported double-digit sales declines since last winter, with some firms describing the market as "the worst they can remember." Nearly half of the manufacturers surveyed said they expect their profits to decline through the end of 2009. "The outlook," the Book notes, "is pessimistic." One Boston respondent told Fed officials that the economy's "bearish mood" has even spread to the higher-education sector. Staffing centers are gloomy on the East Coast; says one contact,"Everybody's spooked. There's no hiring going on at all." Even so, positions for engineers, programmers, health care personnel and IT professionals have...
...find this perplexing: Even though their hate-fed, liberty-crippling policies are no longer novel, right-wing parties everywhere somehow still give off the impression that they are better at keeping us safe. After all, if Republicans were not seen as tougher on terror, is there any chance Americans would have returned them to power...
...Carole Caldwell Graebner, 65, a doubles champion in tennis in the 1960s, was part of the inaugural 1963 U.S. Fed Cup team and a driving force behind the Fed...
...shots in the final minute as Holy Cross was desperate to narrow the margin, emphatically swatting away the second one. Housman keyed Harvard’s pull-away, finding junior guard Jeremy Lin for a three-pointer to make it 56-52 with under five minutes left, then fed freshman guard Max Kenyi for another three two minutes later to give the team a double-digit lead at 63-53. Following a Crusader basket on the next possession, the guard came back, driving for a layup with the shot clock winding down...