Word: sprees
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Dates: during 2000-2009
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...more modern." So while Field & Stream brand has a checked wool shirt, it's cut slim "so you won't end up feeling like a lumberjack." Bryan believes the search for authenticity is echoed elsewhere in the clothing business. "It's foremost a reaction to the frivolous buying spree society has been on for the past few years," he says, noting that other old-school unsexy but rugged American brands like Woolrich, Pendleton and Red Wing Shoes have become fashion darlings this season. "People are looking for something with a secure footing, with history." (Read "What College Students...
...quit harping on crime. After all, violence, especially in a city with Newark's harrowing history, is awfully hard to control. "It's very ballsy," Newark city councilman Oscar James II says of Booker's laser focus on reducing murders. "Some dude decides to go on some crime spree, starts taking people out, and then what? It happens." (See pictures of an ammunitions manufacturer...
...Friday's violence occurred as prospects for China's steel industry are turning around. The government's $586 billion stimulus package has set off a massive infrastructure-building spree, creating a huge demand for steel. In June crude-steel production hit nearly 50 million tons - 6% higher than in the previous year, according to the World Steel Association, and close to an all-time high. "Demand has just exploded in the first half of this year as a result of the government's stimulus package and bank lending," says Jim Lennon, a Macquarie Bank analyst. "Steel demand is massive...
...from the limestone and sandblasted glass interiors of the city's designer shops that are such a magnet to Russia's superrich. Yet here and in a neighboring courtroom, four prominent Russian oligarchs have been indulging in what may turn out to be the most expensive shopping spree of their lives. Never mind haute couture: it's English High Court justice - at some $16,500 per day, with top attorneys charging up to $1,250 per hour - that's proving the must-have purchase for wealthy Russians this season...
...Goldman's strategists raised their expectation for 2009 earnings 30%, and they hiked the 2010 outlook 19%. With that boost, the 2010 earnings for S&P 500 companies should be 45% higher than 2009's, Goldman says. Those hefty upward revisions, which sent investors on a buying spree, didn't come because consumers are suddenly spending more or because housing is bouncing back - neither of which Goldman asserts. The lion's share of Goldman's new optimism derives from the fact that banks look more profitable now than they did several months ago. (Read "How to Know When the Economy...