Word: indexable
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...workers at Chrysler's plant in Belvidere, Ill., where most production was shut down for lack of Canadian-made parts, and 500 additional employees at a stamping plant operated by the firm in Warren, Mich. The Canadian union ended its walkout after four days, when Chrysler agreed to index the pensions of future retirees to inflation, up to an annual rate of 6%. The top rate will be 5% for current pensioners. Union leaders hope that the provision will encourage older workers to retire, helping preserve the jobs of younger workers...
Housing construction is still vulnerable to any new sign of rising mortgage rates. But there was at least one reason for continued optimism. The Labor Department announced that the Consumer Price Index, a major indicator of inflation and, indirectly, of interest-rate pressures, rose .2% in July, only half the pace of a month earlier...
...eight years before the 1929 crash, a 371% recovery from 1933 to 1937 and a 355% climb between 1949 and 1961. But all those bull markets rose from far lower price levels; in dollar terms there has never been anything remotely resembling the current market binge. The Wilshire Index of the combined value of 5,000 stocks has climbed $2.2 trillion in the past five years, equal to half the U.S. gross national product of $4.4 trillion...
...many measures of fame, one of the more useful is the injury-report index. A star makes the papers by dying. A superstar need only be hospitalized: when Sinatra's diverticula act up, you know about it. Higher up the celebrity scale are stars of a magnitude for which we have no adequate word and for whose well-being we can never have enough concern. Sitting monarchs and Presidents, for example. Two weeks ago Ronald Reagan incurred a "small, red bump" on his eyelid (caused by a contact lens). You could read about it on page 3 of the Washington...
...books or billboards. I would like to see your democratic Anti-Defamation League defend the honor of democracy by attacking those who abuse that venerable convention of self- government by public travesties of even semi-orderly thought. How fine if we succeeded in convincing American voters that an index to the political health of the nation depended not on the density of the vote but on the thoughtfulness...