Word: gist
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...Gist: The Federal Reserve's latest survey of regional economic activity - more commonly known as the "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...
...Gist...
Northeastern isn’t building a new dorm after all. MIT is slashing 10 to 15 percent of its spending. At Harvard, President Drew G. Faust wrote a letter.Her gist was simple: Harvard is not immune. Thanks to economic reality, colleges across the country have had to make painful financial decisions, and the world’s richest university has a proportional amount to lose. Yesterday, the administration announced a 22-percent decline in Harvard’s $36.9 billion endowment over the last four months—the sharpest drop in history. Worse yet, Faust predicted continued gloom...
...Gist...
...Gist: When Sam MacDonald graduated from Yale in 1995, he didn't go chasing after his dreams. He went chasing after booze. And drugs. And food. By 2000, he weighed nearly 340 pounds and owed thousands of dollars in taxes, student loans and credit-card debt. Cue the "Urban Hermit Plan" - a wildly dangerous scheme to subsist on little else but lentils and canned tuna. MacDonald's memoir recounts the unexpected journey he took, morphing from "Fat Bastard" to "Urban Hermit," taking his readers from Baltimore to Bosnia and back again in a tale of "starvation, hard work and blind...