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...mortgage with a low down payment that they are using to buy an $85,000 town house. "Any interest rate in single digits still looks good," Plank says. But the cost of the mortgage is forcing him to keep his 1987 Toyota instead of trading it in for the newer model he covets...

Author: /time Magazine | Title: Greenspan's Rates of Wrath | 11/28/1994 | See Source »

Jazz-rappers don't just borrow from jazz's sound; they tap into its spirit, its artful soul and its cool. The music has successfully harnessed the sagacity of an older generation of performers with the rawness of a newer one. Says 61-year-old trumpeter Donald Byrd: "All of the jazz cats, everybody I talk to now, they want to get involved in this." Three new CDs -- Blowout Comb, Digable Planets' daringly laid-back sophomore album; Home, by the rap group Spearhead; and Red Hot and Cool: Stolen Moments, an aids-benefit CD featuring collaborations by various jazz...

Author: /time Magazine | Title: MUSIC: Cats and Rappers | 11/21/1994 | See Source »

...this generation which has embraced the label "queer" instead of the more cautious "gay, lesbian and bisexual," says BGLSA Co-Chair Lin. "'Queer' symbolizes a newer wave of energy, more encompassing, more radical, more in your face. The older generation...

Author: By Jennifer . Lee, | Title: Number of Out Frosh Rises | 10/29/1994 | See Source »

...Fidelity's dozens of "equity, bond and short-term mutual funds." My "portfolio" will be "personally tailored," of course, but basically the program promises what we all want: "preservation of assets as well as ... growth and income." This is known as a "wraparound account." It is one of the newer products invented by the financial-services industry, whose explosive growth is traced in Joseph Nocera's new book, A Piece of the Action: How the Middle Class Joined the Money Class. Words like product and industry are intended to give "financial services" the smell of a factory, where real things...

Author: /time Magazine | Title: The Financial Food Chain | 10/24/1994 | See Source »

...going to be different," says Jennifer Tisdel, the Starbucks marketing director who spent time at local coffee establishments while working on a 1992 Harvard Business School degree. "The new Starbucks is newer. They'll play different music. The ambience will be different. I don't assess a value judgment to that...

Author: NO WRITER ATTRIBUTED | Title: Coffee Lovers Get a New Hot Spot | 10/8/1994 | See Source »

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