Word: stocke
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Dates: during 1990-1999
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William Ferris, chair of the NEH, announced the honor. "Bernard Bailyn is one of America's most eminent historians," Ferris said. "His main work, on the ideas and beliefs that have shaped the American nation from the beginning, is an excellent context for taking stock of our nation's heritage as we stand at the cusp of the new millennium. I am delighted to name him this year's Jefferson Lecturer in the Humanities...
Business Bytes AT&T announces plans to slash its workforce; on Wall Street, though, all eyes were on the Prez. Dow down 63. The wrap-up in FORTUNE Business Report. Get the numbers by index or stock-by-stock...
Business Bytes A dismal earnings report from Big Blue took the Dow into a 130 point drop by late afternoon. A late rally meant the market closed off 79 points. Check it out in the FORTUNE Business Report. Get the numbers by index or stock-by-stock...
Business Bytes Looking for still yet another way to invest in the Dow? The American Stock Exchange is launching today an instrument that mirrors the performance of the bell-weather index of 30 blue chips. Details in Money Daily. Get the numbers by index or stock-by-stock...
Does that mean it can't go on? That stocks must finally tumble in 1998? No. Perhaps the market's bounds will keep stretching like the elastic belt on your holiday trousers. But it does suggest that the risk of a retraction is more acute. A stiff sell-off last week--the worst New Year's start in seven years--underscores that point. And with Federal Reserve Chairman Alan Greenspan now spouting off about possible deflation in the economy, it may pay to favor bonds for a while. I'd certainly be slow to invest any new wads of cash...