Word: jumps
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
That's the question industry observers are asking as hotel powerhouse Hyatt Hotels prepares to jump into the public markets at a time when the lodging sector has spiraled to lows not seen since the Sept. 11 terrorist attacks...
...Still, there are some who believe the jump in bullion is an early warning sign that the U.S. government's efforts to quell the recession will backfire. The fear is that the trillions of dollars the government is spending to safeguard the financial sector and boost the economy could result in massive deficits and mounting inflation. "People who are buying gold are buying into the argument that the Federal Reserve will not be able to take back all the liquidity it has poured into the market and protect against inflation," says James DiGeorgia, editor of the newsletter Gold and Energy...
...unlike in the past, there is very little evidence to suggest that the recent jump in gold has anything to do with inflation. Gold prices started increasing around the time the government released results of the bank stress tests, which indicated that many of the nation's top banks would need little or no further financial assistance. Many point to the stress tests' positive results as the beginning of the end of the financial crisis. (See pictures of the global financial crisis...
Read after the jump for a little preview...
...play "aims to create awareness and discussion about waterboarding as a form of torture." How, you may ask? Well, performers Nadeem Mazen and Stephanie M. Skier '05 will be waterboarding each other for approximately three minutes of the show. Find out more after the jump...