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...Just over mid-way through the period, Vaughan caught a fast break off of a Hartford turnover, sending the ball to senior Jeff Wannop, who fired it into the lower left corner of the net. Shortly thereafter, Duboe launched another rocket for a goal, followed by a Burr tally. Harvard entered halftime ahead...
...estimates - pay cash for new apartments, because in a high savings economy, housing is widely seen as a safe investment. That means, in China, you don't have the real estate equivalent of "dine and dash": people don't abandon houses the minute they think the price level is lower than what they paid, leaving it to the mortgage company or the banks to sort out. There's no sub-prime, zero-percent-down U.S.-style debacle here...
...Westerners who elect to stay need to lower their expectations. Ex-hedge fund manager Rudajev is adjusting to a humbler lifestyle. After his fund closed, he accepted a sales position at a Singapore-based stock brokerage for a modest salary. "We're not eating out as much," he says. "We're cutting back on holidays." Even so, he has decided not to pull his two children out of their international schools, and he still frequents the American Club sports bar, where the TV screens hanging from the ceiling blare more CNBC financial news than football or tennis. Most evenings...
...Real estate price war!" the headline in a local paper blared. "Prices continue to move lower." It's a "great time to be a buyer," another story reads. If there was something plaintive about those stories, it is because buyers seem to be in hibernation these days. In a report published earlier this month, the country's central bank said the "number of residents willing to buy a home in the next three months is at a record...
...Cheyenne, unemployment hit 5.9%, up from 4.7% the January before, as layoffs in its warehousing and retailing industries started to filter through. Owing partly to an aluminum plant shutdown, unemployment in Charleston rose to 4.9% from 3.9% 12 months before. In Morgantown, the rate went to 3.9%, from 3.2%. Lower energy prices helped drive up the percentage of unemployed people in Casper to 4.2% from 3.4% year-over-year, and will likely have a similar effect on Bismarck's number when they're released next week...