Word: price
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Dates: during 1990-1999
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...dictates of New York politics were going to structure what she did. She crossed a Rubicon." In other words, she had the good sense to notch her first abject pander to a New York interest group. (She then wasted no time notching her second, coming out in favor of price supports for New York dairy farmers.) Pop the corks...
HYDRO-QUEBEC During heat wave, sells power to sweltering N.Y.C. at 30 times regular price. Bright idea...
NICOTINIC ACID In large doses, this B vitamin cuts LDL 30%, triglyceride levels as much as 55% and increases HDL 35%. The dosage that's needed, however, is up to 70 times the recommended daily allowance, and it comes at a price. Many patients experience flushing, itching and panic attacks. Adjusting the dose, taking an aspirin 30 min. beforehand, or taking the medication on a full stomach alleviates some of the symptoms...
...take the rest of the summer off," says TIME senior economics reporter Bernard Baumohl, after Thursday?s CPI number confirmed the good news: Inflation is definitely back in the grave. The overall Consumer Price Index was unchanged last month, and the core rate ? which excluded volatile energy prices ?- increased a mere 0.1 percent. Both numbers came in under expectations, yet another assurance that the Fed has absolutely no need to throttle back on the money supply when it meets in August. "In fact, it doesn?t even need to meet," jokes Baumohl. "They don?t even have to talk...
Moved PermanentlyMoved PermanentlyFortune Investor DataPrivately, Alan Greenspan can crow a little. With one eye on the so-called "new paradigm," in which tech-driven productivity gains naturally outstrip price pressures, and the other eye on a shaky Latin America, the Fed chairman isn?t anxious to raise rates. But some of his FOMC colleagues at that big mahogany table have been getting antsy about the Fed?s turning into a paper tiger, kowtowing to the stock market and letting the economy run wild and free. This week?s numbers give Greenspan a perfect reason not to listen. "There?s just...