Word: quartered
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...when proximity to the market can give your business model a competitive edge." That edge can translate into huge profits for high-frequency-trading firms like Goldman Sachs, which, according to Bloomberg, made more than $100 million in trading revenue on a record 46 separate days during the second quarter, or 71% of the time - partly thanks to high-frequency trading...
...answered now, pick your airline seat now, buy anything you want right now. Cell phones and the Internet, together with FedEx and U.P.S., finally and fully satisfy the permanent child within each of us - the impulsive child with zero tolerance for waiting. And as a result, during the last quarter century, delayed gratification itself came to seem quaint and unnecessary...
...rest have followed in their footsteps. And the selfish, heedless, if-it-feels-god-do-it approach enshrined by young boomers subsequently enabled the risk-taking, party-hearty paradigm that has governed so much of American life, economically and otherwise, for the last quarter century. Now in the twilight of their hegemony, with this crisis and the necessary reshaping of America, the boomers have their last best shot at helping to straighten out the mess they helped make. In their empty-nested years, for instance, perhaps they can channel some of the vast energies and micromanagement they lavished on their...
...past several years, Japan has committed several tens of millions of dollars to an industry whose revenues it hopes could surge to nearly $70 billion by 2025. Japan already employs over a quarter of a million industrial robot workers -more than any other nation - in an effort to counter high labor costs and to support further mechanization of its industries, and would like to see that number go up to one million over the next 15 years. "Robotics is to be for the Japanese economy in the 21st century what automobiles were in the 20th," says Jennifer Robertson, a professor...
Investors are skittish because China's 7.1% second-quarter GDP expansion was due in part to a burst of bank lending, which was up 31% in May and 34% in June from year-ago levels. To date, cumulative loans outstanding have topped $1.1 trillion, far higher than the government's $735 billion target for the year. Most of the money is aimed at funding infrastructure projects under Beijing's two-year, $585 billion stimulus package. But according to government researchers, about $170 billion in bank loans were channeled into the stock market from January to May, which partly explains...