Word: hike
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Dates: during 2000-2009
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DIED. EARL SHAFFER, 83, reclusive adventurer who in 1948 became the first person to hike the length of the Appalachian Trail in one trip; of liver cancer; in Lebanon, Pa. He made the then 2,058-mile voyage from Georgia to Maine in 124 days...
...engineering strength in the housing market and the household sector," says Loynes. The idea was to keep the consumer side of the economy going to make up for the sharp slide in the industrial sector. So far, it has worked. Last week, the Bank began signaling that a rate hike is on the way, but the evidence of an economic rebound remains ambiguous enough that even the relatively bearish Loynes doesn't expect anything drastic. With rates so low, however, small changes could have a big impact on homeowners' monthly bills, while continued low inflation means the real amount...
...reverse. There are tens of thousands of high-street financial advisers to push people into second mortgages when rates are low. Who will profit from telling borrowers, if and when the economy slackens, that it's time to scale back? The opposite danger is that even a tiny rate hike by the Bank of England could be read by the market as a sign of more to come, sending property prices down much too fast. "The U.K. housing market is driven by a lot of animal desires," says Loynes. "Fear of missing out. Greed." Sounds a lot like the stock...
...which means leaving at 3 a.m. or thereabouts to get there by sunup. Count on a slow trip?at times the fog blanketing the road cuts visibility to a meter or two, making for an exhausting and eerie drive. From the parking lot, it's a 20-minute hike to the summit...
Staff writer Elisabeth S. Theodore (“Guards Rally for Wage Hike,” Apr. 30) isn’t the first to be misled by the Harvard Committee on Employment and Compensation Practices’ ambiguous presentation on guards’ wages. The security guards who left Harvard in 1999 were not higher paid than those who remained. The department froze our nominal pay for six years; that’s why our average real pay was lower at the end of that time—by $5,400 a year. We lost 27 of our members...