Word: renting
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...your checkbook whenever your grown children ask for money to pay their credit-card bills, parking tickets, real estate agent fees, medical expenses and insurance premiums? Why do you buy them clothes, condos, new cars and vacations--and welcome them home again to live without asking them to pay rent...
Granted, the economic scene has changed since boomers set off to seek their fortunes. Young people today often spend a much higher percentage of their income on rent than did their parents. In cities like New York and San Francisco, a one-bedroom apartment costs about $2,000 a month. Even in less expensive places, renters face annual increases in the 20% range. Transportation and medical premiums, necessary when first jobs provide no insurance, can add a burden to monthly payments that may already include college loans and credit-card debt. It's no wonder that a young person taking...
...relaunching Netscape next year, positioning the browser as the central clearinghouse for Time Warner's content. That's not prime Internet real estate, and there are some murmurs within Time Warner that AOL's quest for its own content is exceeded by its lust for rent-paying deals. Don't expect Time Inc.'s Money.com to replace CBS MarketWatch on AOL anytime soon...
...Millions of dollars that the U.S. will pay China to rent two giant pandas for 10 years...
...have utopian economic goals, they have always maintained that they are seeking a stable democratic political system. The rise of Fox and his National Action Party signals the transition to democracy for which they have been waiting. Fox has taken the first steps towards repairing the breach that has rent the country. If both sides can negotiate on reasonable terms, there is a strong possibility that their differences can be resolved, resulting in tranquility and prosperity for Chiapas...