Word: stemming
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...fixed-rate mortgage at today's rate of 5.5%. Monthly principal and interest come to $994.31. Let's say that 12 months from now the same house goes for 10% less, or $197,010. But by then the recession is history and the Fed is jacking up rates to stem inflation. If mortgage costs rise a point, to 6.5%, your monthly payment would be $994.94 and you'd have saved nothing. Meanwhile, home prices might steady and sellers might become less willing to negotiate. And you have spent a year living someplace you'd rather...
...initiative comes after California passed a similar $3 billion proposal targeting stem cell and other biomedical research...
While much of the money is intended to shore up the Commonwealth’s position as a center for biotechnology, a significant share of the funding is expected to be used for stem cell research at universities like Harvard and the University of Massachusetts...
...Because Massachusetts represents a wealth of biomedical research, this is intended to grow on that and provide a more durable source of strength,” said David T. Scadden, co-director of the Harvard Stem Cell Institute. “This is much bigger than stem cells, and that’s a very exciting piece...
...keep McCain short of the 1,191 delegates needed to nab the G.O.P. nod. And even then, it is unlikely that a brokered convention would work out in his favor. Remember, the only Republican whom traditional conservative leaders distrust more than McCain is Mike Huckabee. (This distrust might stem from Huckabee's independence from traditional conservative organizations; the Club for Growth's opprobrium means little to his loose coalition of homeschoolers, economic populists, evangelicals and socially moderate, young Christians.) Huckabee's best hope - as he admitted in a speech on Saturday - is for divine intervention: "I know the pundits...