Word: sharping
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...housing market's sharp drop should start to benefit from the approval of a program to funnel $275 billion into mortgage modifications. The simple fact that such a large safety net may be set up under housing prices ought to help arrest foreclosures and substantially slow cascading housing prices...
...looked forward. Amethyst clouds were digging in from the other side of town. “Oh!” I blurted out like an old man falling out of bed.Daddy looked up as I tried to lean back real innocent. But the glare he shot me was something sharp. Had he known we were in for rain? Is that why he was so crazy about leaving early?Now it was my turn for guilt: if we got to church wet I’d be the Easter Executioner. (And, on a very unrelated note, look significantly less fetching...
Financial stocks were a big drag on Thursday's market - banks fell 6.6%, led by Bank of America's 14% decline. Real estate-related sectors were also sharp decliners, with home construction stocks falling 9%. Both sectors, finance and housing, are at the heart of the goverment's efforts to address the financial crisis. On February 10 Treasury Secretary Timothy Geithner unveiled a multi-pronged plan for troubled banks, and on Wednesday President Barack Obama announced a $275 billion program to stem foreclosures and support the housing market. Today's stock market action suggests investors are still in doubt about...
...economic recovery gets underway. Investors' hope for such a turn was surely dampened by the Federal Reserve's new reading on the economy. Details of a meeting of Fed officials in late January reveal that they expect the economy to contract this year as much as 1.3%, a sharp downgrade from their expectation for modest growth in 2009, expressed last fall. The Fed also said that unemployment could reach 9% by the end of the year...
...soccer team at North Carolina State, a position that may have prepared him for the series of campaign press jobs he took after graduation. By 2002, he had landed at the Democratic Senatorial Campaign Committee, where he had an easy way with reporters - displaying a sharp edge when needed. "He had a real mean streak," fondly remembers Jim Jordan, who worked with Gibbs at the time and later during John Kerry's 2004 presidential-primary campaign...