Word: marketeers
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Dates: during 2000-2009
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...units at auctions and at trade-in time, and they're not shy about passing their costs on to you. "It may get to the point where used cars are so expensive that it may be worth buying a new car for a few thousand dollars more, and the market will be back to the way it used to be," says Ed Olsen, the sales manager at Boulder Nissan. (See the 50 worst cars of all time...
Another thing to consider, besides doing something very un-American by paying cash for a vehicle to save a good bundle of money: hire a broker - that is, an independent agent who will shop dealerships for the vehicle you want, find the best prices in your market and negotiate for you. In many cases, it won't cost you anything. The broker is often paid by the dealer as well as by the loan's originator. Bottom line: two motor heads can be better than...
...value of Harvard’s publicly traded equity portfolio has nearly doubled in recent months as the University reinvests—particularly in emerging markets and in Asia—after dramatically slashing stock holdings last fall amidst the global financial crisis. According to a Securities and Exchange Commission disclosure report released in August, Harvard had 112 publicly traded equity holdings valued at over $1.4 billion as of June 30. The figures represent a significant increase from the 99 holdings worth $771 million reported three months earlier. The SEC’s 13F report only discloses a small fraction...
...would pressure the Iranian regime to suspend its nuclear activities, Tehran may be hoping for just that sanction to help it with one of its longtime goals: reducing gasoline consumption. Indeed, the Iranian government, which has been subsidizing pump prices for years and keeping them well below the international market price (at a huge burden to the national budget), would love the U.S. to take the political hit for helping to end the subsidies...
...Japan's stock market surged early in the morning on the news of the election, but then fell back - indicating uncertainty among investors about what the Democratic government will bring...