Word: spend
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...this year. Analysts predict that specialty arts-and-crafts stores should thrive as more consumers choose handmade over store-bought gifts. The website for specialty retailer Michaels details dozens of ideas for making cards, scrapbooks and jewelry. Since the holiday falls on a Saturday in 2009, couples can spend a full day at a museum - or at a picnic, if the weather permits. During these stressful times, people still want to huddle with their loved ones. "We won't see people saying, 'O.K., Valentine's Day has been cancelled,' " says Van Horn. "People will still give their loved ones what...
...view, yields on U.S. 10-year Treasury notes will fall to between 1.5% and 2% by the end of 2009. This is because the banks are broken and their customers are keen to spend less. The monetary base, the money element that the Fed can control, is a fraction of credit outstanding in the U.S. system ($2 trillion versus $47 trillion). No matter how fast base money is pumped up, the reduction in credit outstanding will overwhelm it. During this phase we should expect credit contraction and its attendant deflationary effects on asset prices and consumer goods and services...
...upgrade to 3G (third generation) network technology, he could hardly believe the long-awaited day had finally arrived. "At one point it seemed like they were never going to make up their minds," recalls the Beijing-based head of telecommunications- and media-analysis firm BDA, "and I would spend my whole career waiting for Beijing to make this one decision...
...Still, further delay was increasingly difficult to justify. With the country's economy slowing, an upgrade of cellular networks is a way to stimulate growth. "These are exactly the kind of shovel-ready projects that [China] can start work on today, where the money you spend has an immediate impact on jobs," says the executive. Beijing officials have said they expect spending to upgrade networks will add between 0.5 and 1 percentage point to the country's GDP growth...
...successful is your Web site in relation to other Web sites? SY: The fact that we’ve gotten to be almost as big as Match.com, who spend $100 million a year on advertising and we spend $0, to me, shows we’re pretty successful. FM: Any new ventures in the future? SY: We’re committed to becoming the biggest dating Web site on the web. Overthrowing Match.com...