Word: rest
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...speech on Jackson's cultural and race-relations impact that had the audience on its feet cheering. "There wasn't anything strange about your dad," he said, moving his eyes to the three. "What was strange was what he had to deal with." The children applauded along with the rest of the crowd...
...plan to close off Europe to managers or funds outside the E.U. that aren't subjected to equivalent regulation - a provision that would kick in three years after the rest of the legislation, giving jurisdictions and managers time to adapt - promises the most significant change. The E.U.'s approach is understandable. If you want to protect European investors, it's no good regulating domestic fund managers if those selling to investors from outside the region aren't obliged to respect similar rules. But while U.S. efforts are underway to bolster the policing of hedge funds - and the meaning of equivalent...
...handful of states with fiscal years ending on June 30 have taken wrenching steps needed to pass new budgets: mainly, a raft of tax hikes and service cuts. Vermont is shutting down highway rest stops and decimating its Agency of Natural Resources. In Washington, 40,000 people are losing their state-subsidized health care, and public-college tuition could be going up as much as 14%. New Jersey is hiking taxes on high-income earners, cigarette smokers (an extra 12.5 cents a pack) and drinkers (a 25% increase on wine and liquor...
...Bismarck, though, moderation is business as usual. Yes, Bismarckers like their things; it's rare to drive down a residential block and not see at least a few boats or RVs sitting in driveways. But splurging never really took hold here as it did in much of the rest of the country. Mortgage data show that the sorts of loans that landed so many home buyers in trouble elsewhere were written at a much slower pace here (in 2004, when 18% of borrowers in the U.S. were taking out subprime loans, only 6% of those in North Dakota were...
Even if the talks come to nothing, some Russians are hoping that Obama's visit will help improve the country's image in the rest of the world. "We are always portrayed as harsh, with horrible human rights and no democracy," says Abashin. "We have been trying to change this image for 10 years." (Read "U.S. and Russia: The Talk Starts Here...