Word: saversion
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Shares in the lender plummeted by a quarter on Friday (they'd already fallen by half this year). But Northern Rock isn't likely to fold. Britain's Financial Services Authority called the bank's loan book "good quality" in a statement issued jointly with the Bank of England and...
Education isn't the only area in which Americans need to change their ways. Individuals as well as the government are spending beyond their means. Americans became net borrowers, not net savers, in 2005-something not seen since the Great Depression. If Indians and Chinese can earn $5,000 a...
But a grassroots frenzy like Grey's Anatomy's can't be entirely manufactured. What started as an iffy mid-season replacement in 2005 has turned into a monster hit for ABC with a fiercely devoted following, the majority of whom are women. Last season Grey's was the highest...
Domestically, the rate rise would be a tiny boon for Japanese savers?the BOJ says a decade of ultra-low interest rates has cost households $1.3 billion in interest income. But the cost of loans for housing and credit cards would inch up, and stocks traditionally suffer when rates rise...
"President Bush has created the world's largest protected marine area, dubbed the Northwestern Hawaiian Islands National Monument. It contains sea life that has inspired some of our most breathtaking screen savers." JON STEWART