Word: robustly
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These have been the best of times for many of the nation's top universities--and the worst of times for middle-income families struggling to afford them. Thanks to a robust stock market, school endowments have ballooned. Yet few institutions have held down steep increases in tuition. But that may be changing...
Alan Greenspan shouldn't be surprised if perfect strangers insist on buying him a beer. Widely credited with being the architect of the most sustained growth cycle in the history of the U.S. economy, the Federal Reserve chairman on Tuesday welcomed the record-making 107th month of robust economic health. It's not only its length, of course, that has been remarkable. The boom, marked by rising income, skyrocketing consumer confidence and general expansion, has also remained notably unmarred by the specter of inflation. Wages have escaped the pressure usually placed on them by a booming economy, with increased productivity...
Childish feelings of mini-deprivation like this are, I suspect, helping fuel a run on luxury products for kids by parents who feel that their darlings should never go without. The robust economy and stock market have created a lot of new prosperity, and parents are increasingly swaddling their children in cashmere crib bedding, bespoke baby ball gowns and tuxedos for toddlers. At the same time, they are worried that their kids take wealth for granted, and struggle to prepare their teens for a less lavish life once they get out on their own. Inevitably, some Wall Street investment advisers...
...firmly entrenched in the U.N. effort to bring affordable drugs to the developing world. While some kind of compromise will probably be reached between the diplomats and drug companies, says Dowell, it's unclear what the terms will be. As the pharmaceutical firms know, profit can inspire robust defense - but fierce public sentiment could buoy the U.N. position, clearing the way for more accessible AIDS therapy in the countries where the need is so great...
...give the second millennium a big fat kiss goodbye, Time's Letters Department is happy to report on the robust health of the written word as a form of personal communication, despite dire warnings a decade ago of its imminent demise. For evidence, we point to the 1,300 letters a week, on average, that we continue to receive from our loyal readers, three-quarters of whom now post their insights, bitter complaints, bad puns, outrageous theories and effusive compliments by the miracle of e-mail...