Word: pump
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...composer famous in most of the world (see box, below) but not in the U.S., and a story set in the Bollywood milieu unknown to Broadway's conservative audience. Producer Andrew Lloyd Webber hired writer Thomas Meehan (The Producers, Hairspray) to cut a lot of in-jokes, pump up the mother love--domesticate the Bollywood beast. Will the transplant work? The show has a $6 million advance; and at a preview last week, the audience, perhaps 25% South Asian, seemed to love the infectious songs and rain-drenched dancing. So salaam, Bombay...
...PUMP UP CASH Instead of holding 5% to 10% in a money-market fund, hold 10% to 15%. The cushion will trim returns in normal times, but soften any declines and give you means to buy on a terrorism-related dip. The Dow rebounded 4% after the Madrid sell-off. That's a fairly normal pattern, according to Markethistory.com...
Rising gasoline prices are siphoning money out of drivers' wallets. The average price for retail gasoline hit $1.76 a gallon last week, according to the American Automobile Association (AAA), up 5¢ a gallon over the previous month. California motorists have suffered from pump prices well above $2 a gallon. The Bush Administration says the Environmental Protection Agency is "seriously considering" requests from New York, Connecticut and California for temporary exemption from cleaner-burning-gasoline requirements that have likely contributed to higher prices, given that those blends are in shorter supply. If the exemption is granted, drivers could see prices...
...PUMP WHERE YOU SHOP. Prices at wholesale clubs like Costco, Sam's Club and BJ's Wholesale Club can be significantly cheaper than most retail gas stations, although you have to be a member to get the best discount. BJ's lists stores with gas pumps on its website, www.bjs.com...
...especially comforting. Of course, pledging to restore ?pay-go? rules isn?t either. So the campaigns trade shots over sideshow issues that get attention but have little practical impact. Kerry and Bush snipe at each other about the rising cost of gas, even though Americans still pay the lowest pump prices in the world. Outsourcing dominates the headlines for months, despite the fact that the rising cost of health insurance is far more responsible for employers? hesitation to hire new workers. In bad economic times, any presidential challenger has only one real message on the economy...