Word: feds
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Alan Greenspan's implacable program of interest rate hikes may have its disbelievers in Congress and on the CNBC pundit scene, but the financial markets are not among the heretics. So it was that Wall Street continued to rally as the Fed voted to raise short-term rates not just 25 but 50 basis points at its meeting Tuesday, the latest attempt to hamstring the swaggering U.S. economy just enough to keep inflation at bay. Businesses, especially capital-intensive ones like the dot-coms, have no love of more expensive money. But Father Greenback has sold the markets...
...natural" human condition--the Paleolithic lifestyle that prevailed for at least 90% of our existence--women probably spaced their births up to four years apart through prolonged lactation. As in surviving hunting-gathering societies like the !Kung, infrequent births mean that each baby can be cherished and, of course, fed. It is this script--not some commandment to multiply nonstop--that has been violated by human societies for the past few thousand years. By the time of the ancient Mediterranean civilizations, women were already having far more babies than they could care for--as evidenced by the widespread practice...
...charge not only of Europe's economy but also of that fragile European pride, and he's biting his nails at the suggestion that in the monetary equivalent of Airbus vs. Boeing, the euro can't seem to stay aloft. Perhaps it's some comfort to know that the Fed chairman across the pond is moving as fast...
...seem doubtful of your acting future. After Notting Hill, you said you were fed up with acting. Is there something else you could to as a creative outlet...
COCOA PUFF Hard to believe, but cocoa--well, a defatted extract of it--may be good for the heart. In a study, rabbits were fed a cholesterol-rich diet along with 200 mg of the extract daily. After two months, the bunnies' blood vessels did a better job contracting and relaxing than the vessels of rabbits fed the same diet but deprived of the extract. Cocoa contains powerful antioxidants called flavonoids that sweep up damaging molecules in cells. The rabbit news isn't license to drown in hot chocolate. But food companies are working on cocoa-extract supplements...