Word: seasonings
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...summer will seem unusually long for businesses, people out of work, the Fed and the Treasury, and the tens of millions of Americans who have a direct stake in an economic recovery. The normal slowing of economic activity during the summer season will make any progress seem like walking through water. The seasonal drop in real estate markets could increase the fear that this sector is in worse trouble than it really...
...there will be four unemployment reports that cover May, June, July, and August. These will be the four most important economic indicators of the summer. They will show whether the government stimulus package has been even modestly successful, whether there will be consumers who can shop during the holiday season that now seems to start in September, if there are buyers to participate in the struggling car markets, and citizens who can be taxed rather than being a tax on the federal and state governments. The news will be particularly bleak if the economy sheds more than 500,000 jobs...
...Chuck was voted one of the 10 greatest coaches in NBA history. He won 638 regular-season games during 13 years in the league and another 75 in his 12 playoff appearances. When the time came to pick a coach for the greatest team ever assembled, our nation turned to Coach Daly. He didn't disappoint, leading the Dream Team to Olympic gold...
...that summer has unofficially kicked off, it's time to get to the shore. We've scoped out seaside destinations from California to the Caribbean where you can catch cooling ocean breezes and - since peak summer-travel season is still a few weeks away - some good shoulder-season deals...
...These exam proctors perform their duties with care. And this morning, some do them with a hint of nostalgia, as they’ve just been told it will be their last exam season...