Word: risinger
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Dates: during 2000-2009
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Typically, investors buy gold when they are nervous about the state of the economy. But the latest price run started in earnest in April, just as the fears of the financial crisis were easing. Demand for gold has been rising. And inflation, despite the mounting economic recovery, looks to remain...
And there are few signs that inflation will be rising anytime soon. The Consumer Price Index fell 0.2% in July and was down about 2% this past year. That's not inflation; that's the opposite. And while the economy seems to be recovering, it is still slow going. Unemployment...
So what is driving the price of gold? Adam says demand. And that's a good thing. As the credit crisis and global recession eases, more and more consumers, and industrial users like electronics manufacturers, are buying gold again. According to World Gold Council, demand for gold, while down from...
Earlier this year, the British government hired management-consulting firm McKinsey & Co. to suggest ways the country's National Health Service (NHS) might save money in the face of rising health-care costs. But when a portion of McKinsey's confidential work calling for a 10% cut in the NHS...
For the past several years, Britain's Department of Health has spent about $200 million a year on hiring international management-consultant firms, hoping to find ways to counter rising health-care costs associated with an aging population, expensive new medical treatments and rising patient expectations. The result is often...