Word: gaines
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...relatively little is known about the ascendant young leader, who is a member of the same tribe as his predecessor Baitullah but is not thought to be a close relative. Still, reports suggest that Pakistan and its ally the U.S. may have rid themselves of one problem only to gain another...
...first batch of numbers instilling hope that we've arrived at a bottom shows that house prices are beginning to creep back up. The S&P/Case-Shiller index of home prices in 20 cities saw a 1.4% gain between May and June. That's only the second time the index has risen since the summer of 2006 (the other time was the month before). Once you adjust the data for seasonality - the fact that houses tend to sell for more money in the warmer months - the increase in July was actually the first since May 2006. Home-price data from...
...Data on new-home sales, though, are notoriously imprecise and volatile. The margin of error on July's 9.6% gain, for instance, is plus or minus 13.4%. In other words, strictly speaking, the Commerce Department can't be sure the figure didn't actually go down. For that reason, new-home sales are best looked at over five or six months. There's still reason for optimism: a four-month string of increases is starting to get to the point at which one can legitimately call the trend significant. That's especially true when overlaid with data from the National...
...opening week of the Biennale 2009 seemed little changed from 2003's. The names were the same - British artists Gilbert & George, the American Bruce Nauman - and the discussions almost identical. Ambition, both on the part of the artists and the collectors who hoped to gain prestige from their purchases, dominated every event. "The hunger to succeed ... was ravenous," Atman says. "In different historical circumstances any number of these artists could have seized control of the Reichstag or ruled Cambodia with unprecedented ruthlessness...
...people from the storied London pro club the Harlequins for behavior that, even by modern standards, seems astonishingly under-handed. Harlequins staffers, the club's coach, and one player were banned from the sport for up to three years for staging a blood-gushing injury to help the team gain an illicit advantage over rival Leinster in the dying moments of a European Cup tournament quarter-final match in April. The goal: have a player simulate an open wound in order to exploit an exemption to substitution rules that allows players who've already left the game to return...