Word: stockely
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...cares what the First Lady wears? The stock market, for one. Since the Inauguration, every time Michelle Obama has worn a J. Crew outfit, the company's stock has enjoyed a boost, and the items she has chosen have sold out. Michelle's sleeveless dresses have sparked a national dialogue about appropriateness, and her decision to wear a cardigan sweater to visit Queen Elizabeth provoked an international debate about etiquette. But watching the attire of the nation's First Ladies is hardly a new sport. Pat Nixon's cloth coat and Jackie Kennedy's pillbox hats provoked plenty of conversation...
...stock market rose powerfully on Wednesday, with the Dow jumping 3.1% to 8,617 and the small-stock Russell 2000 index rising 3.9%. That's more than most bond funds return in a full year, and it was the best daily performance in the last three months for many market indexes, including the Dow and the S&P 500; the broad S&P index is up 6% this week alone...
...bullishness? Surely not the economy, which continues to muddle along through the muck of heavy consumer debt and a poor housing market. But businesses are in better shape, and the financial crisis seems to be fading from view, even as small business lender CIT struggles to survive another day. (Stock futures turned negative after the market close on news that CIT was not likely to get a government rescue.) (Watch TIME's video of Peter Schiff trash-talking the markets...
...CSAT holds a singularly sacred place in Korean culture. On the day of the national exam, many businesses and the stock market open late in order to keep the roads clear for students driving to their testing locations. Airplanes are prohibited from landing or taking off from Korean airports during the listening section. Korea’s temples and churches are filled with praying parents...
Enter fellow Canadian, John McCall MacBain, a self-made billionaire who founded the Auto Trader classified-advertising empire, but in 2006 sold it and set up a foundation to promote health and the environment in the developing world. In April 2008, McCall MacBain bought 90% of BRE's stock. Strickland invested $1 million of his own money, and quit the hedge fund to become BRE's president...