Word: jumps
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...Geithner's utterance caused interest rates to jump, costing prospective American homeowners (and many that were seeking to refinance existing mortgages) around 10% more in interest charges. Making home loans more expensive is not a great way to get the housing market moving - nor is it a great way to instill confidence in debt markets. The sell-off quelled a major rally in Treasuries as investors who had been flocking to the safe haven of government paper amid the global recession questioned whether Treasuries had become too expensive. In the last four months of 2008, yields (which decline as prices...
...CDMA200 EV-DO - is less clear. The government has boosted its chances of success by awarding the license for use of the technology to the country's dominant service provider, China Mobile, which boasts a whopping 75% of the subscriber market. China Mobile has tried to get a jump on 3G by handing out free handsets to some 800,000 subscribers beginning last April as part of a trial rollout of the homegrown platform. But the service was plagued by complaints of dropped calls and poor reception, boding ill for its chances of competing against established, reliable standards operated...
...budget for the Olympics during lean times? Some $13.8 billion in public funds has been allocated to the London Games, a huge jump from the $5 billion that was budgeted in 2005. Having fluffed the original math, though, the government insists that the event won't cost a penny more. The $290 million increase in the cost of building venues announced on Feb. 5, for instance, will come out of a $3 billion contingency fund included in the inflated budget. So too will the $682 million in extra public money needed for the media center and Olympic village - home...
...Saretsky said. “She really spent the summer committed to training. As a result, she has continued to gain strength and confidence.”Senior captain Becky Christenson—who just last week earned an automatic bid to the NCAA championships in high jump with a personal best of 1.86 meters—continued to dominate, clearing 1.75 meters. “Becky is, well, Becky,” Saretsky said. “She’s just a great competitor, always gives it her all, and never gets too high...
...some grumbling overseas about "buy American" provisions in the stimulus bill, but for the most part, officials elsewhere don't want to step on the toes of a new President to whom they are favorably disposed. They also don't want to endanger legislation that they hope will help jump-start the global economy...