Word: longer
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...signed an "understanding" with the University's Materials Research center to work on college courses and a book on science and culinary creativity). He's even done a turn in the movies, playing the chef on the Spanish-language version of the animated Ratatouille. Some American magazines no longer even bother to identify him when they drop his name in print; he has become a personage everyone is expected to recognize...
...current extreme, bond-investor fear is myopic. In striving to avoid the falling stock market and the downdraft of the economy, investors are all but ignoring the longer-term inflationary implications of a monetary easing and explosive growth in U.S. government spending and what it could ultimately mean to bond yields. At Thursday's close, for example, the 30-year T-bond was yielding 3.07%, implying investor expectations for stable prices for decades to come. Inflation-protected Treasuries, known as TIPS, are yielding so little that money managers say they imply investor expectations for a deflationary environment for the next...
Contemporary Chinese artists have had their international coming-out parties - but Chinese fashion designers are taking rather longer to make an impact. Hoping to help is Dee Dee Poon. The Hong Kong socialite and fashionista has started Dysemevas, a "pop-up store" and touring boutique that will briefly occupy one location before shutting up shop and moving to the next in-the-know address...
...longer. Starting in early November, four of the five factories abruptly informed their workers that they were switching to a three-day week. Then the layoffs started. The cast-iron foundry, which pays the best wages, cut 80 of its 1,200 workers, and managers announced that they might have to fire up to 600 more. The cable factory - which just this year started up a new production line - laid off 40 people, and cut pay for those who remained by 15%. At least they're being paid: the machinery factory nearby is two months in arrears. "People woke...
...good if they rose even more. But a couple of things are different now. First, we have experienced the high energy prices that people in most of the rest of the world already live with, and we know we can live with them too. Four-dollar gasoline is no longer unthinkable...