Word: seasonale
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George Humphrey was not demanding that the Senate follow the lead of the House and vote the full increase he asked last year. He named some alternatives: 1) authorize a smaller increase in the debt limit; 2) apply the debt ceiling only at the end of a fiscal year, thus...
Even in Wall Street, where everybody is accustomed to the big bull market, the bulls were surprised last week. The market not only recovered from its nine-point slide of two weeks ago. but kept on climbing. At week's end the Dow-Jones industrial average closed at 332.53...
Most industrialists diversify to 1) hedge against recession, 2) even out seasonal ups and downs, 3) give a company room to grow, 4) make up for the cyclical swings of a market. For example, to offset the big fluctuations in basic steel production (now down 30% when all industry is...
The current series of Harvard Composers' concerts concluded on Wednesday night with compositions of seasonal buoyancy and spirit.
For the first time in six months, U.S. employment is on the rise. The Commerce and Labor Departments in a joint report (to eliminate previous conflicting reports) announced that the number of jobless dropped from 3,725,000 in early March to 3,465,000 in early April. The upturn...