Word: hike
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Dates: during 2000-2009
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...President, Dean would ask Congress to repeal all the tax cuts Bush signed, which would have the effect of raising--in some cases dramatically--Americans' tax bills. Dean opposes the tax cuts because he believes they have produced deficits, but his planned tax "hike" is one of the most damning exhibits Republicans will use in making the case that he is an out-of-touch liberal...
...months been trying to unload its U.S.-based media assets, which include several cable channels and the Universal movie studio. Late last year, Texas oilman Marvin Davis offered $20 billion for the U.S. assets, and Vivendi acted insulted; a Vivendi official at the time suggested that Davis "take a hike." That bit of pride is proving costly. Last week, a promising suitor, MGM, pulled out of the auction, saying the price Vivendi now seeks - $14 billion - is too high. MGM reckoned the package was worth no more than $11.5 billion. Two days later, Viacom hinted its interest had waned. That...
...elderly patients with younger ones, by manipulating the telomere gene that dictates cell aging. With millions of people enjoying an active life through to 110 or 120 years old within a half-century, Schwartz sees more married couples in their 70s opting for serial monogamy; so look for a hike in divorce rates and a new wealth of multigenerational families. Schwartz is sweeping, but he's not always generous with the detail. Even if you knew with certainty that a "Long Boom" was in the cards, you could still get hurt by the short busts between now and then. Equally...
...keep out rivals. Some of those rivals suspect that the major carriers are working together to beat them back. In early May, within days of one another, the Big Six (American, Continental, Delta, Northwest, United and US Airways) said they would impose a new $10 round-trip fare hike on June 1--a move that triggered an investigation by the Department of Justice. Under a 10-year consent decree, the airline industry forbids coordinated fare increases. The investigation continues. A spokesman from American, which initiated the fare hikes, says the carrier is "in compliance" with "relevant laws and regulations." Whatever...
...warns that the country will surpass Finland in 2003 to become Europe's most expensive country. In the early '90s, Ireland was one of the E.U.'s cheapest. Ireland's dilemma points to the E.U.'s bigger one-rate-fits-all policy problem: The country needs an interest rate hike to help stymie rising prices, but with German inflation likely to fall to 0.8% in May, the European Central Bank will probably cut rates. And just wait until Eastern Europe joins up. Countries like Lithuania and the Czech Republic have been grappling with deflation for four straight months. A Wheeze...