Word: one-week
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...credit crisis is hurting one of the areas critical to the nation's recovery: mortgage rates. In the past week, the average mortgage rate on a 30-year fixed home loan has jumped more than one half a percentage point to 6.74%, according to Bankrate.com. That might not sound like much, but it is the biggest one-week rise in the normally stable lending rate in 21 years. Some economists say mortgage rates could soon top 7%, a level they have not seen in more than six years...
...MSCI Asia Pacific Index was down 7.4%, adding to its largest one-week drop since...
...himself in need of a miracle against incumbent President Ronald Reagan. Mondale, who joined Carter's ticket on the third day of the 1976 convention, broke with traditional timing by naming Geraldine Ferraro as his running mate a week before the party gathered in San Francisco. Mondale turned his one-week convention bounce into a two-week sensation - not that it mattered much. Reagan was re-elected in a landslide of historic proportions...
Some campers roast marshmallows. Others detonate chickens. At the explosives camp run by Missouri University of Science and Technology in Rolla, Mo., 60 high school students, some from as far away as Hawaii, come to learn about explosives engineering. To warn kids about improperly handling detonators, the one-week sessions begin by setting off a blasting cap tucked inside a defrosted chicken--talk about a powerful demonstration--and end with a student-produced pyrotechnics show that rivals any city's Fourth of July offering. In between: trips to quarries and mines to witness blasts and the chance to blow...
...military rescue forces in town marked the one-week anniversary of the earthquake by blasting the horns of their vehicles, part of national period of mourning that will last three days. The death toll has now surpassed 34,000, and the government says it's expected to reach 50,000. Around the country flags flew at half-staff and citizens observed three minutes of silence in memory of the dead. But in Yingxiu there was little time for rest. At an office of the local electric power plant, troops were still trying to save a man in his early...