Word: stream
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Dates: during 2000-2009
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...through the '90s there flowed a rich and gaudy stream of sensational stories that were providentially suited to the purposes of 24-hour-a-day, seven-day-a-week cable television news. They were the tabloid equivalent of war - that is, in the absence of world-historical events or the fall of empires, they filled the news hole, they fed the many-headed media beast. Once the Soviet Union and the Cold War were gone, we have had Clarence Thomas and Anita Hill, the O.J. Simpson case, Waco, Oklahoma City, the death of Princess Diana, Colombine, the Icarus descent...
...been beaten to a pulp by a mixed-signals flood of corporate earnings that have left investors professing complete ignorance as when, exactly, things will pick up again. Long-term rates, however, took a dutiful dive after the Fed head's remarks and have mostly stayed there amid the stream of bad news from the equities side. Will he tinker with the message this time around? The overall sense he gave the House - things are pretty bad now, and may get worse, but are probably getting better - is expected to remain the same in front of the Senate...
...that could go off six months from now - and the bigger risk he runs of getting into the same losing time-the-cycle game he lost in May 2000. What he really needs now is not to have to cut very much more, and modulating his testimony in mid-stream could be one way to do it - to maybe cut a quarter-point in August and be done with...
...term--say, motherhood--and Yahoo and other engines spit out a list of sites ranked by human editors or by a formula, such as how many times the word had appeared on a site. There was a purity to the old way, but something was missing: a profit stream...
That profit stream has been located and claimed by Bill Gross, founder and CEO of Internet "incubator" Idealab. Gross created GoTo, the leading pay-for-placement search engine, in 1998, and now it's hotter than ever. Listings on GoTo are ranked by cold, hard cash: where a site appears on the results list is determined by how much money it pays GoTo...