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Word: feds (lookup in dictionary) (lookup stats)
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...students also use devious methods to make the grade. Last year two dozen were caught being fed answers through Bluetooth headsets concealed under wigs. Earlier this month, police busted a ring issuing fake IDs to university students taking the test in place of high school candidates. The price? $2,500, more than twice Vietnam's average annual wage. Authorities have beefed up security: keeping test papers under lock and key; sequestering exam professors; calling in security to guard test sites...

Author: /time Magazine | Title: School's Out | 7/19/2007 | See Source »

...Interest rates are set in two main ways. Short-term rates--like those on credit cards, home-equity loans and adjustable-rate mortgages (ARMS)--are determined mostly by the Federal Reserve. It sets them with an eye on inflation. If the Fed fears that prices are rising too fast, it will raise rates to slow the economy. Longer-term rates, like those on a standard mortgage, are set on the open market. They are partly a bet on how well the Fed will control inflation but also reflect supply and demand. If there are lots of people with money...

Author: /time Magazine | Title: The End of Easy Money | 7/19/2007 | See Source »

...regional depression, there just wasn't much demand for money outside the U.S. There also wasn't much demand for that other crucial economic fuel--fuel. As a result, the long-term rates set by the market stayed low, and falling prices of oil and other commodities allowed the Fed to keep short-term rates down even as the U.S. economy boomed...

Author: /time Magazine | Title: The End of Easy Money | 7/19/2007 | See Source »

...something akin to the now ubiquitous shock-jock style. With the help of a straight-arrow program director named Dewey Hughes (Chiwetel Ejiofor), he pretty much elbowed his way into a job at WOL-AM, a near-moribund Washington, DC radio station, whose audience was basically black and basically fed up with conventional broadcasting...

Author: /time Magazine | Title: The Honesty of Talk to Me | 7/13/2007 | See Source »

...There were, for example, the Onigas. They were a kindly old couple who housed us for a few days, always delighted with my butchered Romanian routine. My biggest problem was that they fed us too much. I found out later that Dr. Oniga, an 82-year-old man, had to sell his 35-year old car to buy firewood to heat his house...

Author: By Jessica L. Fleischer | Title: Romanian Holiday | 7/13/2007 | See Source »

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