Word: growth
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...objectives. To be fair, about C$40 billion has been spent to date, but Canadian banks are just sitting on the new cash like the proverbial goose. "There is no evidence of more credit becoming available," says analyst Michael Goldberg with Toronto-based Desjardins Securities Inc. "In fact loan growth in the economy is slowing...
...industries were supposed to do relatively well when purchasing power got into a tough spot - cell phones and PCs. It may be that the focus on tech growth potential has been too much about Apple (AAPL) which has done well, at least in its most recent quarter. But, Apple is as much a cult as a business. Some people will borrow themselves into the poor house to own a new Mac or iPhone. (Read "How to Know When the Economy Is Turning...
...such a turn was surely dampened by the Federal Reserve's new reading on the economy. Details of a meeting of Fed officials in late January reveal that they expect the economy to contract this year as much as 1.3%, a sharp downgrade from their expectation for modest growth in 2009, expressed last fall. The Fed also said that unemployment could reach 9% by the end of the year...
...Less than a decade ago, newborns weren't so fortunate. As recently as 2000, most hospitals tested for only a handful of the recommended 29 diseases, including phenylketonuria, a metabolic disorder that can result in mental retardation, and hypothyroidism, a hormone deficiency that can stunt growth and brain development. (Both conditions are treatable with special diets and hormone supplements.) In many cases, these detectable diseases can be treated or managed if caught early...
What follows is the lesson of the day at sheep-shearing school at New Mexico State University: how to remove a year's growth of wool without nicking the sheep - or yourself - with the clippers. And how to do it without taking your back...