Word: money
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Stocks rise, the dollar falls and unemployment continues to worsen. How should investors make sense of the crosscurrents and what should they do with their money? To get a sense of the market's prospects, TIME spoke with Kirk Hartman, chief investment officer at Wells Capital Management, the investment division of Wells Fargo bank, with about $370 billion under management...
What's the outlook for commodities like gold? Risk aversion will continue, and that means continued interest in commodities. Gold will be strong but, interestingly, not because of inflation but because as the dollar gets weaker, people want someplace safe to put their money, and right now they view gold as more stable than the dollar.(Read "How to Know When the Economy Is Turning...
...clearly spent a great deal of time thinking how best to devise a way to provide money to students for social events that both is practical and responds to concerns administrators have expressed in the past. The longer administrators and House Masters continue to slow down the implementation of SIP, the longer students will continue turning to unsupervised parties in their suites while College social life suffers. With several significant precautions in place, it is time for administrators to concede that, though there may always be underage drinking, the SIP program is worthy of their approval...
...avoid all this, the IEA says the world needs to spend about $10.5 trillion in extra money from 2010 to 2030 to foster new low-carbon energy sources. Expensive, yes. But if the IEA is right, the alternative is far worse...
...Ashekian, a 31-year-old Canadian tourist, arrived in Hong Kong on Nov. 9, 2008, traveling solo. After spending the night at a guesthouse in Chungking Mansions, a famously shabby tenement building, she text-messaged her niece to wish her a happy birthday and withdrew money from an ATM across the harbor. After that, Ashekian vanished...