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...tend to crimp corporate profits as people are lured to save money instead of spend. It was also that his position on interest rates flat out shocked the markets ? and there are few things investors dislike more than surprises. The Fed has raised interest rates 16 times in a row, a run that many investors thought would end later this month, considering that there have been signs of a slowing economy. As Bernanke himself pointed out, the housing market is cooling, consumer spending is down because of high energy prices, and jobs aren't being created nearly as quickly...

Author: /time Magazine | Title: Bernanke Learns the Perils of Honesty | 6/7/2006 | See Source »

...result of a construction accident that killed two others as well. Ty, 28, was driving down Boylston Street when a 10-ton lift platform crashed down on his car. The construction accident also killed two workers who were building Emerson College’s new Piano Row residence hall and student center. Ty graduated Phi Beta Kappa in 1999 from Johns Hopkins University and received his MD in 2004 from HMS under the Harvard-MIT Division of Health Sciences and Technology. Those who knew Ty considered him gifted not only in the sciences but also in the humanities, social services...

Author: By Doris A. Hernandez, CRIMSON STAFF WRITER | Title: Accident Cuts Short Ty’s Promising Career | 6/7/2006 | See Source »

...crossroads; in the mornings, residents, many of them optimistic immigrants hoping to grab a piece of the American dream, greet each other in the Dunkin’ Donuts, on the way to work. Unused warehouses and office space line some streets, but far more are filled with identical row houses, with children playing in cramped side yards. Neighbors hold conversations from their porches in good weather, fanning themselves to stave off the heat...

Author: By Brian J. Rosenberg | Title: Allston's Ambivalent Metamorphosis | 6/7/2006 | See Source »

...minds,” Cohen said. “We definitely wanted to pay them back a little bit for that. So we were able to do that and beat a ranked team.” The victory was the Crimson’s second in a row against a ranked opponent, propelling Harvard to a No. 16 ranking nationally. The win also had long-term effects; players and coaches alike accredited Harvard’s surprise NCAA bid to its superb record against the nation’s best squads. “The selection committee must have looked...

Author: By Madeleine I. Shapiro, CRIMSON STAFF WRITER | Title: GAME OF THE YEAR RUNNER-UP: Men’s lacrosse avenges last year’s mile-high agony with win over ranked Pioneers | 6/6/2006 | See Source »

...junior Kyla Grigg, Harvard was a contender for both the Ivy and national titles throughout the season. The Crimson was ranked No. 2 for most of the year, breezing through the lighter half of the schedule with ease. After intersession, however, Harvard faced a murderer’s row of Trinity, Penn, Princeton, and Yale, plus the Howe Cup on its home courts at the end of February. The team was confident in its ability to take down the two-time defending champion Bulldogs. But it was third-ranked Trinity that tripped up the Crimson’s undefeated stretch...

Author: By Lisa Kennelly, CRIMSON STAFF WRITER | Title: SEASON RECAP: Upset Clinches Ivy Crown | 6/5/2006 | See Source »

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