Word: stock
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Dates: during 1990-1999
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...sofas are the last thing you'd expect people to buy online, stocks might be the first. "Financial service is a paper transaction," says Gomez Advisors' Dan Burke. "There's no need to worry about shipping, returns or any of the stuff that makes regular e-commerce so challenging." Yet it will be December before Merrill Lynch, the company that brought "Wall Street to Main Street," offers its first $29.95 online trade. That will be more than three years after both a tiny upstart called ETrade and the discount brokerage Charles Schwab began allowing investors to trade stock...
Where is all this money coming from? True, we're living in a time of record employment, rising wages, a bloated stock market and a flock of newly hatched dot.com millionaires. But even these indicators of prosperity don't add up to the consumer-spending spree that characterizes the current U.S. economic boom. There's something else...
...take came early on from Bill Clinton, who told others that Gore should have moved his campaign operation back to Tennessee. Instead, Gore set up shop blocks from the White House on K Street--a concrete-and-glass canyon that is to lobbyists what Wall Street is to stock traders...
...payments are expected to rise 21% for brand-name drugs, 8% for generic drugs. Some HMO's are also tightening annual caps for Medicare recipients: 32% of the plans will set the limit at $500 or less. That's up from 21% in 1999. Should investors dump big drug stocks like Merck? Analysts say the higher costs won't apply to enough consumers to hurt stock prices...
Could it be true ? that in the big, bad world of American business, money isn?t everything? Sprint board members are mulling a pair of monster cash-and-stock takeover offers from fellow telecom giants MCI-WorldCom ($65 a share) and BellSouth (an eleventh-hour $72 a share, both according to the Wall Street Journal). But though both offers could be the better part of $100 billion, CNNfn reports that Sprint will choose MCI?s poorer dowry in a vote as early as Monday. What gives? The reason may be that a lack of post-handshake regulatory headaches...