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...instance, is plus or minus 13.4%. In other words, strictly speaking, the Commerce Department can't be sure the figure didn't actually go down. For that reason, new-home sales are best looked at over five or six months. There's still reason for optimism: a four-month string of increases is starting to get to the point at which one can legitimately call the trend significant. That's especially true when overlaid with data from the National Association of Realtors that show sales of previously owned houses are going up too. Still, what happens with new-home sales...
...government's spending oscillated over the subsequent decades, running a surplus in the good years and a deficit in the bad ones, until the early 1980s. President Ronald Reagan's economic and foreign policies - tax cuts combined with substantial increases in Cold War-era defense spending - led to a string of deficits that averaged $206 billion a year between 1983 and 1992. The balanced-budget acts of 1990 and 1997 helped reverse this unprecedented level of peacetime spending, and in 1998 the U.S. recorded its first budget surplus in nearly 20 years...
Season 3 picks up several months after Season 2 ended, in spring 1963. Don Draper (Jon Hamm), an ad executive who changed his identity to hide his poor background, has returned to his wife Betty (January Jones), who's taken him back after a string of infidelities. Yet in the first episode, when he's away from Betty and sees another chance to adopt a new persona, he slips into it like an old pair of loafers...
Dick Fuld was warned. Years before Lehman Brothers tumbled into bankruptcy, roiling markets and setting off a string of massive bailouts, underlings informed the investment bank's CEO that Lehman should get out of real estate before the credit bubble burst. Fuld ignored them. So while the bank's chief loaded up on overpriced property from the 31st floor of Lehman's New York City headquarters, his bond traders were downstairs shorting shares of mortgage brokers. Lawrence G. McDonald was one of those traders, and in his rendering of Lehman's demise--nimbly told with novelist Patrick Robinson--the bond...
...first in the string of accidents occurred on July 5, when two monorails collided at the Magic Kingdom's main station at closing time, killing driver Austin Wuennenberg, who friends say was working his dream job. Next, on Aug. 10, actor Mark Priest died in a hospital where he was being treated for a broken vertebra in his neck and other injuries from a fall that took place four days earlier during a mock sword fight at Captain Jack's Pirate Tutorial audience-participation show. According to his friend Jeffrey Breslauer, Priest - just before he died - said he was performing...