Word: peak
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...manufacturing continued to sink into its personal tar pit, with the Commerce Department reporting that durable goods (expensive, long-lasting stuff like cars, air conditioners and computers) fell in the U.S. in July, again, this time by 0.6 percent. And Thursday?s weekly jobless claims hit a nine-week peak while the number of people collecting checks hit 3.18 million, the highest since September...
...black lining: New home sales rose 4.9 percent in July to 950,000 units, up from a revised 906,000 units in June, according to the Commerce Department. Analysts had expected a dip to 918,000 units, but instead the hike brought the housing number to near its March peak. That?s good news for the consumer-spending watch - while the economy waits for businesses to come out of their post-bubble fetal position, it seems our nation?s shoppers - who account for two-thirds of U.S. economic activity - may be able to keep the floor under this slowdown...
...danger involved was underscored in 1998 when a graduate student named Shawn Wight, 26, died of complications following a severe case of altitude sickness suffered while accompanying Thompson to the flanks of a 26,000-ft.-tall Himalayan peak. Wight's parents charged negligence and sued Ohio State for $21 million in damages. Although the judge dismissed the case and exonerated Thompson, the experience cast a pall over his high-altitude odysseys. "I don't understand," he says, "why anyone would want to climb a mountain...
...used by any airline, and a video display system that encourages incoming passengers to keep moving briskly along corridors to the huge customs-and-immigration area, where funky, massive bas-relief scenes of New York greet them. The airport is counting on federal agencies to increase staff at peak times; the building's public areas are designed to handle as many as 3,200 arriving passengers an hour, 60% more than...
...pair stared at the unprepossessing dot, trying to imagine the riches that lay on Africa's east coast. Six centuries earlier, Admiral Zheng He, with only the barest outline as a guide, did the same, only his imperial fleet was sailing to a mighty sultanate, at the peak of its power, not a faded port crumbling into the sea. Yet, despite the paint peeling from its once majestic, oceanfront villas, Mombasa and the surrounding strip of coastline still lure descendants of the seafaring eunuch with promises of unlimited possibility. It's in search of these latter-day adventurers that...