Word: price
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Dates: during 1990-1999
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...efficiencies in the way corporations do business ?- that may have changed the rules an awful lot. "The Internet structural change is a very big one, in the class of the railroad, the airplane, the automobile or the printing press," he says. "It should increase productivity growth and lower product prices. It could be the wild card for an inflationless prosperity." In other words, increased competitiveness among U.S. corporations with Net-connected companies around the globe could make the business world so efficient ?- with profits coming from productivity and not price increases ?- that inflation could really be dead this time...
...market's mind was on Greenspan again Wednesday as a tame inflation number - a 0.3 percent hike in the Consumer Price Index, with just a 0.1 hike in the "core" rate - sparked a 100-point rally that traders promptly sold off for fun and profit. On the Fed watch, TIME senior economics reporter Bernard Baumohl figures today?s number and yesterday?s ?- a mildly alarming boost in retail sales ?- cancel each other out. "My sense from the last meeting was that the Fed was done unless it saw some clear and unambiguous evidence that inflation was on the rise...
...Projected price of a pack of U.S. cigarettes by 2000; 12.8% of it will be federal...
...Price of a pack of cigarettes in Britain...
NIGHT MOVES On www.MarketXT.com small investors can buy and sell the 200 largest stocks on the N.Y.S.E. and NASDAQ from 6 to 8 p.m. E.T., but certain trading restrictions can make the after-hours market more volatile. Thin trading volumes can lead to major price swings, and risk-limiting stop-loss and good-until-canceled orders are not allowed. Since all traffic must go through online brokers--so far, only Discover and Dreyfus offer the nighttime service--transmission delays and other computer problems may foul up profits. For more info, read MarketXT's rather lengthy disclosure...