Word: inflationitis
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3. Which of the following types of investment would best protect the purchasing power of a family's savings in the event of a sudden increase in inflation? A. A 10-year bond issued by a corporation B. A certificate of deposit at a bank C. A 25-year corporate...
But while the number of bank loans is falling, the well of credit for corporations is far from dry. In fact, the 22 largest banks in the Treasury's Troubled Asset Relief Program issued or renewed $127 billion in business loans in November, roughly the same as five months ago...
This may not have been the time to expand the Oscar category for Best Picture from five films to 10, but studio bosses will say it was a very good year. No matter what else Americans skimped on when they got slammed by the Great Recession, they didn't stop...
He still considers the LTTE a threat. "Even in Colombo there are [still] about 20 LTTE suicide cadres," he says. "They are waiting for the leadership, the guidance, the orders from top." But burnishing his security acumen and resting on his military accomplishments might not be enough to assure Fonseka...
North Korea, home of one of the world's most cloistered economies, tackled its soaring inflation rate on Nov. 30 by quietly revaluing its currency at a rate of 100 to 1. The move is widely believed to be an attempt to crack down on private businesses that operate outside...