Word: hike
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Dates: during 2000-2009
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Inflation has been dead so long that even a warning from Alan Greenspan inspires skepticism. "I don't think we're going to have an inflation problem," said economist Robert Brusca of FAO Economics following the Federal Reserve Chairman's words of concern accompanying a hike in short-term interest rates last week. "I think we have a Fed-credibility problem." Brusca is more worried about nascent signs of weakness, including eroding consumer confidence. A slowdown would quell inflationary pressures quickly, and one theory is that Greenspan's warning was part hype to justify jacking up rates so that...
...raising prices too. Allied Waste just won a bid to dispose of Boston's trash for $82 a ton, up 6.5% from a contract last summer. Another small but significant bellwether: Campbell's, which hasn't raised premium-soup prices in five years, just went for a 5% hike. On Wall Street, meanwhile, money managers like Doug Sheres at Rice Hall James are moving into the stocks of companies with newfound ability to charge more--without chasing away business--figuring that's where margins will be expanding...
...FRANCISCO Fare-hike proponents say mostly tourists use cable cars, but with visitors and locals complaining of the proposed "Disneyland prices," the city is scrambling for other options...
...YORK CITY A $2 fare for 500 miles of subway routes provides a lot of ride for the buck. But a recent price hike in monthly and weekly fares coincided with a rash of delays, leaving commuters raging...
...Behold Avant-garde murals and imaginative furnishings characterise a new Singapore hotel Identity Parade An iconic style magazine marks its quarter century Summits of Style Esoteric treatments in a minimalist setting A Starflyer Is Born In-flight comfort with an internet connection in every seat Take a Hike Destinations to restore your sense of wonder Designer Natalie Chanin has transformed the appeal of handmade clothes into an economic-redevelopment model with her Project Alabama line. Chanin is a former film stylist (she handled costumes) who, while on hiatus in New York City, needed an outfit for a party. That...