Word: hike
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Shachter's proposal, similarly to the condo-conversion ordinance currently in effect in Boston, includes a list of factors that are early indicators that a landlord is thinking of converting a property into condominiums. One such factor is a hike in rent of more than 10 percent...
With an eye on keeping the blistering economy as stable as possible, Greenspan et al. meet this week to discuss another rate hike. Analysts predict another incremental raise, to 5.75 percent. Let's hope it works, otherwise there'll be plenty of gadgets stuffed in people's closets, and precious little safely nesting in the bank...
...prices always go down? Gravity has been reversed, at least temporarily, in PC pricing. Supply constraints, increased demand and a chip shortage tied to last year's earthquakes in Taiwan have kept prices up. But don't run out to buy that PC to beat the next hike. With Y2K problems no longer a threat and production back on track, prices should head down in a few months...
Students paying tuition in full will be spared the usual fee hike, and students receiving financial aid or on the federal work-study program will continue to receive the same benefits based on their financial situation...
...prompted little opposition, the market appeared more concerned with his next move. Greenspan's early reappointment - his current term expires in June - frees the Fed chairman to make fiscal policy free of any concern that his job may be on the line, and that may mean an interest rate hike designed to slow the economy and head off inflation when the Fed next meets. Fear of a tightening bias sent stock prices plummeting Tuesday, with the Dow losing 359.58 points and NASDAQ suffering a record single-day loss of 229.46 points. Wall Street's pain was shared on Asian...