Word: firming
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...People originally said it would eliminate the issuance of municipal bonds," says John Cummings, who is head of muni-bond investments at money-management firm PIMCO. "Instead they have stabilized the market and helped to create jobs." (See the top 10 financial-crisis buzzwords...
What might be the driving factor that lowers holiday retail sales and stalls a much-anticipated economic recovery? Stingy spouses with children. According to a new survey from America's Research Group, a retail-consulting firm, 50.1% of parents plan on cutting back on gifts to each other this year. That figure is up from 44.4% last year, a surprising jump considering that the U.S. was in the depths of the financial crisis during the previous holiday season. "Parents want to maintain gift-spending levels for their kids, so they are showing more willingness to trim on each other," says...
...business company sales fell 3.8% on average in the first 10 months of 2009, which reverses the 2.4% gain posted in 2008, according to Sageworks, which provides software and consulting services to private business. "That's almost a 6% decline in the sales growth rate," says Andrew White, the firm's chief financial officer. Large publicly traded companies fared better, with sales slipping only 1.8% on average in the first 10 months of the year, he says...
...part, the American Cancer Society holds firm to its position - recommending yearly mammograms for women beginning at age 40 - adamantly stating that it will not modify its guidelines. "We are not changing current recommendations at this time based on our initial review of the information provided by the task force," says Dr. Len Lichtenfeld, deputy chief medical officer for the ACS. (See pictures from an X-ray studio...
Although many students on campus view the Long-Johnson pair as a “joke ticket,” the candidates said they were serious about their efforts and offered a firm critique of the UC’s efficacy...