Word: hinting
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...probably hoped their conservative base wasn't listening) when Senator Chuck Schumer, a New York Democrat known for his bare-knuckle partisan tactics, expressed his gratitude. "I would like to first thank my Republican colleagues. I think the questioning has been strong, but respectful," Schumer said, with just a hint of a smile, before taking his turn to lob softballs at Sotomayor. (See pictures of Judge Sonia Sotomayor...
Larry Summers, now the top economic adviser in the Obama White House, was a proponent of such taxes in the 1980s and early 1990s. There's no hint of them in the Administration's 88-page white paper on financial regulation. There is talk of higher capital requirements, tougher consumer-protection standards and new rules for derivatives. But taken as a whole, the document sketches a regulatory approach that still relies heavily on judgment and smarts. Maybe it's time for some dumbing down...
...from the recent uptick. Traditionally a safe bet amid economic mayhem, the dollar climbed about 25% against the euro in the eight months to March this year; the unattractiveness of rival currencies only made it more appealing. But, says Derrick, "that drive seems to be shifting substantially." Sure, a hint of bleak economic data can still goose the greenback - the prospect of poor U.S. payroll figures for June, set for release Thursday, has helped boost the currency in recent days - but optimism in other assets is on the rise. Global equity markets, in particular those in emerging-market countries, have...
...text message on Thursday afternoon that gave Holley the first hint of bad news - a note saying Jackson had been rushed to the hospital. Neither he nor the crew knew how to react to the uncertainty, so they did what they always did - they went in to rehearse. Except this time, as fans all over the world from Los Angeles to New York City to Tokyo to Buenos Aires played his music, sang his songs and emulated his dance in tribute, Holley says the crew couldn't bring themselves to touch the music...
Saying energy prices would stay high was one of the great forecasting errors of the late 1970s and early '80s--so it's a little scary to predict that they will stay high this time around. But the fact that even the slightest hint of a turnaround in the global economy has sent oil prices skyrocketing from $35 a barrel to more than $70 ought to be a sign that the upward price cycle that started a decade ago isn't played out yet. The crucial element may be that the struggling U.S. no longer drives the global demand cycle...