Word: modeste
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...fishes into 48 -- different from anything that had preceded it. Hall flew back to George Washington University, where he is director of the in-vitro lab and where Stillman heads the entire in-vitro fertilization program, reassured that people would view his work as he saw it: a modest scientific advance that might someday prove useful for treating certain types of infertility...
...Institute. Allen Sinai, chief economist of Boston Co. Economic Advisors, thinks that nearly half the current deficit is due to an underperforming economy, which results in lost tax receipts and extra spending on unemployment. Moving too sharply to balance the budget would "pour salt on the wound," he says. "Modest budget restraint is the best way to go, so that the recovery is not sacrificed...
When the bulls are running, that's all well and good. But what happens if the market heads south, in the kind of correction some analysts think might happen soon? Much of the money that has flooded into mutual funds could flood back out, transforming an otherwise modest correction into a rout. "The money that's in there is nervous money," frets Rubin Bergay, a retired Anaheim, California, engineer who is heavily invested in funds. "There's no doubt the interest in funds is governed by the low CD rates, and I'm very concerned that investors will take...
Many risk-averse investors continue to cling to CDs, which still hold $1.2 trillion in cash. "I wouldn't say people are nuts to have money in CDs," notes a staff member with the House Energy and Commerce Committee. "The government guarantee is worth something. A family of extremely modest means should have three months of savings to meet immediate cash needs in an emergency. There's nothing wrong with keeping them liquid and guaranteed...
...white ethnics backing Giuliani. The swing factor is the city's growing Hispanic electorate, which gave Dinkins 64% of its vote in 1989 but may deliver less for him this time around. Whichever candidate they elect, New Yorkers can only hope that their new chief executive will be modest enough to borrow a page or two from the new breed of mayors in America's smaller cities...