Word: lasting
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Dates: during 1990-1999
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...wait is finally over. During a meeting with the United Federation of Teachers in Manhattan last Tuesday, First Lady Hillary Rodham Clinton announced--to the shock of absolutely nobody--that she intends to run for the U.S. Senate. It's "time to get moving and get started," she said...
...only other potential Democratic contender, dropped out months ago--the delay represents a lost chance for Clinton to appeal to voters still uneasy about the "carpetbagger" label. It doesn't help that the First Lady has not spent nearly enough time in New York--her Manhattan visit last Tuesday was her first visit to the state in the last two weeks. This has prompted concern among some state Democrats, including state Party Chairperson Judith Hope and state Comptroller H. Carl McCall...
...turns out they were right. Last week Milosevic's customs seized a convoy of trucks carrying some 350 tons of oil intended for Nis and Pirot, two opposition-run towns in southern Serbia. The convoy was stopped as soon as it crossed the border from Macedonia, and the two mayors, who came to meet it, were not even allowed to get near the trucks...
...first in line at discount stores Friday morning for all those $45 VCRs and $99 TVs). Confronted with surging stock markets, shrinking unemployment and virtually nonexistent inflation, retailers - and e-tailers - could be forgiven for feeling especially confident that in the next five weeks they will surpass even last year's whopping $170 billion in sales for the holiday shopping season. Truly, the most wonderful time of the year...
Moved PermanentlyMoved PermanentlyFortune Investor DataThe downside, if there is one amidst all this holiday cheer, is that this big earning (and spending) surge could cause the Fed to once again tighten its grip on the money supply. Alan Greenspan and the boys raised rates last week but signaled they were probably done tinkering until this whole Y2K thing blows over. But just as certainly as the credit card bills will come due in January, the Fed will reevaluate its position in the next year, and may feel that another rate hike will be necessary to keep everything on an even...