Word: street
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Dates: during 1990-1999
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...specter is haunting Wall Street--the specter of runaway interest rates. Yields on bellwether U.S. 30-year Treasury bonds in early June jumped to just over 6%, the highest close in more than a year, as nervous traders bid prices lower. They are taking no chances that a flare-up of inflation will squeeze the real return to buyers...
That is the conclusion of TIME's Board of Economists, which met recently in Manhattan to assess prospects for the U.S. economy and stock market. And that opinion comes from Wall Street itself; on this occasion the board was composed of influential investment advisers, chosen to offer a different perspective from academic and corporate economists. The panelists disagreed considerably on the likely course of the stock market and the broader economy next year and after. But on the subjects of inflation and interest rates they chorused in unison: not to worry...
Nobody foresees a continuation of the phenomenal 1998 rise in gross domestic product--a sizzling 6% annual rate in the fourth quarter, 3.9% for the year. But Cohen, true to her reputation as Wall Street's leading optimist, thinks the U.S. is in a "virtuous cycle" that will keep spinning, if a bit more slowly. The U.S., she notes, has created a stunning 15.5 million jobs since the end of 1993, even after subtracting job losses due to corporate downsizing. And two-thirds of these jobs pay more than the median wage for all U.S. jobs. By no coincidence, average...
...revealed their handiwork. Except for a few shuttered apartment blocks and the main square around the Hotel Metohija, the city lay in silent ruin. Whole neighborhoods had been reduced to knee-deep rubble. Not a soul walked the streets. In Kapasnica, the section known as Little Albania, house after house, down every street in every direction, was a vacant husk, broken-walled and covered in soot. The only sound was the screech of jackdaws, the distant scurrying of a mangy dog and the drip, drip, drip of broken water pipes...
...officers responded to a call from Pearl Street of an altercation between a female and a male. The female stated that her boyfriend had poured beer on her after an argument. She was asked not to return, and gathered her belongings and returned her keys to her boyfriend...