Word: startingly
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Dates: during 1980-1989
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...same people it skewers. In London, Morgan Stanley bought out the entire house one night, as did Shearson Lehman Bros. Over in New York, the Securities Industry Association is already planning its own night at the Public Theater. If this keeps up, who knows? Maybe brokers will start making their cold-call pitches in verse...
Consumers may at last be ready to start curbing their spending. When the Christmas shopping season went into full swing last week, retail sales were lackluster despite boisterous promotion and discounting. At many stores the growth of revenues is not even keeping pace with 1987's inflation rate of about 5%. Sears reported last week that its November receipts rose only .7% over the same month in 1986, while J.C. Penney showed 4.3% growth. "People are looking more than they are buying. There is a level of concern and nervousness that wasn't there last year," said Mark Shulman, president...
...million Americans born between 1946 and 1964 -- is in its peak spending years right now. According to the so-called life-cycle theory of savings behavior, people tend to do their heaviest borrowing and spending from their mid-20s to mid-40s. Then, after their children are grown, they start saving for retirement. Many economists predict that when a huge number of baby boomers reach middle age in the 1990s, the level of U.S. saving will improve...
That was hardly an auspicious start for the man the 50-member council finally, at 4 a.m., elected Chicago's acting mayor. Normally calm and courtly, Sawyer was so shaken by the twelve-hour wrangle that he considered pulling out of the contest. He feared not only that he could not unite blacks but that the rising emotions might turn violent. Five aldermen supporting Sawyer said they had received death threats; at least one wore a bulletproof vest during the wild debate. But after asking ministers to pray with him in an upstairs office, Sawyer decided to stay...
...educational programs are the most effective way to combat the disease. The panel's recommendations will have to strike a balance between acceptable government-sponsored initiatives and what it has called "personal responsibility." Watkins and his team have made a credible beginning, but AIDS has had a considerable head start...