Word: marketic
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...that shift from talk to action continues, the consequences could be severe and wide-ranging. Central bankers are the currency market's buyer of last resort, and thus the private sector's view of the dollar's value and stability can be heavily influenced by what they do. Still, there are many constraints to how far and fast the dollar falls. The issue facing central bankers is a complex one. They may wish to limit their exposure to a weakening dollar, but they don't relish the ugly fallout from doing anything to further weaken it. "We certainly...
...anything found on the Vegas strip. The film opens with the now familiar tale of unsupervised banking recklessness: banks steadily doled out an increasing number of subprime mortgages—loans made to consumers with bad credit. Many would then adjust the interest rates for select mortgages according to market fluctuations, demanding more and more payment from consumers unable to afford the escalating charges...
Harvard has taken a comprehensive approach to wind power by purchasing not only the power from the soon-to-be-built farm (which comes at market and often cheaper than market prices), but also the renewable energy credits for that energy. RECs can be sold separately from the power itself to companies looking for environmental investments. Harvard has wisely acquired the RECs that are coming with their newly bought power, allowing them to profit from the wind farm in which they will be investing. Harvard has also wielded its economic power and sheer size to effect change in the green...
...same month last year, despite a sharp slump following the end of the Obama Administration's Cash for Clunkers incentive program in August. Ford--the only Detroit automaker to avoid bankruptcy and federal bailouts--reported $1 billion in third-quarter profits, helped in large part by an increase in market share as Chrysler's sales continued to lag. GM, the nation's largest car manufacturer, posted its first year-over-year monthly sales gain in 21 months, selling 177,603 vehicles last month, up 5.3% from October...
...spite of negative media attention, the [North Korean] tourism market shows annual, if slow, growth," says Koryo's general manager Simon Cockerell, who points out that while thousands of tourists visit Beijing daily, a mere handful pay a trip to Pyongyang, just 90 minutes by air from the Chinese capital. (See pictures of Beijing...