Word: pinched
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...drop in sales at Marshall Ford in Mayfield Heights, an affluent Cleveland suburb, says owner Larry Elk. Leased vehicles typically make up half of Marshall's new-car business. As Ford, GM and other manufacturers take steps to cut back on car leases, Elk says he feels the pinch. "People are getting the message that leases aren't happening," he says. "If people don't have to buy a car, they're just holding off to see what happens...
...recession. That prospect still seems remote. Growth in Asia has remained relatively robust in 2008 and financial sectors sound. But Asian stock markets, most of which have plummeted by 30% or more this year, are signaling harder times ahead. Falling export growth and tighter credit are already beginning to pinch. Merrill Lynch expects GDP growth in Asia (excluding Japan) of 7.7% this year, the slowest pace since 2003. Next year could be worse if the U.S. enters a full-blown recession. "There are few signs as yet of the damaging effect but it will show up soon enough," says Ramon...
Didn't always directly answer the questions but deflected and hedged with offhand subtlety. Rarely took the bait when Biden faulted John McCain. Was happy to resort to the safety of "maverick" imagery in a pinch...
...small-business owner, Freeborough has already felt the pinch of a tightened credit market. She'd like to expand her service department from four bays to 10. But her lender was a tad leery a few months ago about extending her credit. "I had so much else going on at that time, I held off," she says. "Now I'm thinking I should have just done it then. I am worried I won't be able to get a loan for it, and that will pull my business back." She says that even if car sales slump further, people still...
...Laura has improved so much.“We’re almost treating [Mann] like a baseball player,” Leone continued. “We’re playing so many games, and you need one off every once in a while. She was a pinch-hitter [Wednesday].” After witnessing the transition of a very large freshman class last year—and negotiating his own transition from Arizona State to a new program at Harvard—Leone now throws another group of rookies into the fray. Four freshmen started Wednesday night?...