Word: june
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...Conrad Murray, said when the star had stopped breathing, he had done CPR but delayed calling 911 for up to 30 minutes because he wasn't sure of the street address of Jackson's Holmby Hills home. The star was declared dead at 2:26 p.m. local time on June 25, and the awful news raced quickly from the ER through the Ronald Reagan UCLA Medical Center. Even veteran nurses reacted like many of his fans soon would. "They were hysterical. They're going, 'Michael Jackson is dead, he's dead!' They were catatonic," Irena Medavoy, wife of studio chief...
...euro in the eight months to March this year; the unattractiveness of rival currencies only made it more appealing. But, says Derrick, "that drive seems to be shifting substantially." Sure, a hint of bleak economic data can still goose the greenback - the prospect of poor U.S. payroll figures for June, set for release Thursday, has helped boost the currency in recent days - but optimism in other assets is on the rise. Global equity markets, in particular those in emerging-market countries, have performed well in recent months. China's Shanghai composite index, for instance, has shot...
...budget deficit expected to swell this fiscal year to $1.85 trillion - equal to 13% of the country's GDP, a level not seen since World War II - the Federal Reserve could simply resort to printing more money, further flooding the markets with dollars. While the central bank said on June 24 that it had no plans to expand its purchase of government or mortgage bonds beyond the $1.2 trillion earmarked for the purpose in March, not everyone is convinced. "There is always the nagging concern that if this is just a dead cat bounce in the equity markets...
...what they can afford. In New York City, overnight YMCA camps have started a tiered-payment system in which parents essentially use an honor code to determine whether they need to get up to a $400 discount on the $1,397 tuition for the two-week sessions. As of June, 43% of enrollees had opted to pay the full amount, 13% took $200 off and 44% took all $400 off. (Read "Recession Shopping: 10 Things to Buy Right...
...June 1 Air France wreck in Brazil inspired the largest marine search for a black box in aviation history (which so far has turned up nothing), and now another sea crash has experts scanning the Indian Ocean for the flight recorders to the Yemenia Airbus A310 jet that went down near the Comoros Islands in the early morning hours of June 30. (See pictures of the latest clues in the Flight 447 crash...