Word: resorting
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...Nell D. Benjamin ’93, who have worked together several times since the Hasty Pudding’s 145th production—return to the Yard to satirize its residents with just the right amount of sting and wit while avoiding an easy resort to caricature. Granted, they’ve got an audience with an insatiable sweet-tooth that coos at the sight of massive amounts of pink and sparkles, but “Legally Blonde,” which will run at the Boston Opera House until Nov. 9, is more than bearable. It?...
...beautiful setting - this is where the famous Red Rock canyons meet the Verde Valley - and cheaper real estate in proximity to the resort area of Sedona have drawn developers. The area, a 90-min. drive from Phoenix, has become an exurban magnate and a retirement destination for folks like Anderson, who retired here from Colorado eight years ago. With construction now at a virtual standstill, the county - much like Phoenix - has been one of the areas worst hit by the economic crisis and housing bust. Last year, Prescott, the largest town in Yavapai, elected its first Democratic mayor ever. Governor...
...Federal Reserve cut its benchmark interest rate by 50 basis points to 1% on Wednesday, continuing an aggressive effort to fend off a deep recession. The rate now stands at the lowest level since 2004 - and central bankers signaled that they may resort to more cuts in the months ahead...
Down, Dow! Here's a reason to hope for a bad market close: From now through Dec. 19, the High Peaks Resort (800-755-5598), in Lake Placid, N.Y., is offering weekend rates tied to the Dow's closing. For example, if the Dow closes on Friday at 8,387, you can book a room that weekend...
...first sovereign victim, it is important to understand that every party involved would have benefited from more coordinated international regulation. The crisis affecting Iceland has its roots in the catastrophic consequences of an oversized banking industry in a country without the financial muscle to become a lender of last resort amidst a liquidity crisis. Although the country had been known for generations as an isolated fishing outpost off Europe, in the last few decades the national economy veered from fish to finance. According to official figures, the fishing industry shrunk from 16 percent to 6 percent of GDP between...