Word: resulted
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China, contending with a huge trade surplus with the U.S., bought more and more Treasury bonds, pushing down yields and making Treasuries less attractive to other foreign investors. As a result, the rising demand for higher yielding U.S. debt opened the door for Wall Street investment bankers to spin out new classes of fixed-income securities, most notably collateralized debt obligations or CDOs. Much of the money raised by those investments was funneled in the mortgage market. That gave lenders the ability to make more loans, allowing more people to buy houses and push up real estate prices. Many...
Harvard natives and visitors will be able to explore the historic expanse of Harvard Yard and Harvard Square with greater ease as a result of a partnership with a mobile social networking application called foursquare, the University announced on Tuesday...
Resistance arises when mutations in the HIV genome lead to changes in the viral protein structure, thus creating unfavorable conditions for drug binding. As a result of the ease with which the virus mutates, HIV patients eventually develop resistance to all antiviral drugs...
...brother Matthew, who were operating pumps on other tracts of the family's 5,000 acres (2023 hectares) of oranges, tangerines and grapefruits, which lie across four counties in central Florida. When Matthew radioed in that some of his pump pipes had frozen, a setback that could result in a good deal of lost fruit, Kyle summoned a stoic voice and replied, "We can only do what...
...result, it became a race to get the damaged fruit off the trees before they lost any more quality. "Now is when we throw my carefully designed harvesting plan out the window," Kyle lamented, "and pick as hard as we can to get the fruit to the processor...