Word: hoping
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...Portes, a professor of economics at the London Business School, believes that central banks will increasingly see other currencies, especially the euro, as more reliable storehouses of value. "The idea that there is no place to go is wrong," Portes says. If that's the case, the dollar better hope it has even more lives than a cat. - With reporting by Yuki Oda / Tokyo...
Democrats privately have been hoping that the surprisingly powerful economic turnaround will start producing real job growth by next spring, and the declining pace of job losses backs that hope up. "With the economy growing again, things should feel more solid by spring, and that should start working to our advantage," says a senior Treasury official. Friday's report offers some comfort on that front, in that the monthly job-loss number continues to trend downward, and also because the 10.2% jobless rate gives the Federal Reserve little reason to begin raising interest rates anytime soon, which augurs well...
...both sides are wary of sounding too negative. The last thing a politician wants in a time of economic hardship is to appear as if there's no hope. "If the GOP are too much doom and gloom, that can work to our advantage," says the senior Treasury official. The Republicans seem already to know that. Says McConnell: "As Americans, we are united in our efforts to get the economy back on track and put more people back to work...
It’s a far more complex question, says Bevil R. Conway, a visiting lecturer in neurobiology at Harvard Medical School, and in trying to answer it, researchers like Conway hope to provide a window into the interplay between art and biology that shapes both how we perceive art and how we create...
...promised. "How much damage control have you been able to do on this trip?" asked Meher Bokhari, a television-news-show host, at the end of Clinton's meeting with Pakistani women. The Secretary seemed nonplussed by the bluntness of the question. "I don't know," she said. "I hope some...