Word: hiked
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...overheat soon," says TIME business reporter Bernard Baumohl. "But Greenspan has to maintain his role as captain of the economy. If he admits that the economy is on autopilot -- which it is right now -- the Fed loses its relevance." Usually such vocal vigilance from the Fed chairman portends a hike in interest rates. But Baumohl says Greenspan still hopes that a "soft landing" -- in which the U.S. economy, dulled by Asia's recession, "sort of taps its brakes and cools off on its own" -- will allow him to do nothing at all. Greenspan just can't say that...
...summer the weather is a little tamer, and you can hike up to the summit or take a cog railway...
...hike for those housed in the Yard, but if you live in the Quad, it's a five-minute walk...
Sexton inherited a sizable war chest and didimpressive fund-raising on his own. But ratherthan locking up the loot, he gave the key to starprofessors--without a large hike in salaries--byexpanding prominent programs for legalscholarships...
...case basis this spring cost the University between $750,000 and $1.5 million, taken from existing discretionary funds. Formalizing this fall's changes could mean at least an extra $2 million per class, though there are still no plans to pay for this increase with an endowment payout hike...