Word: three-month
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...most prominent trophies are, of course, the Academy Awards,. Many, however, consider the annual Golden Globe nominations to be the official beginning of the three-month "Oscar season." On Thursday morning in Beverly Hills - at exactly 5 a.m. local time - the nominees will be announced for the 66th Annual Golden Globe Awards, serving up an ideal Christmas gift for studios that will then rush to convert the love into marketing gold...
...measures appear to have helped unlock frozen credit markets. The three-month Hong Kong interbank rate, or HIBOR, a measure of the difficulties of getting access to credit, fell by more than half a percentage point Monday, the biggest drop in a decade...
...retail sales report. As expected, the numbers weren't pretty. Retail sales in September dropped to $375.5 billion, a 1.2% decrease from August. With access to credit severely restricted by the banking crisis, this third consecutive month of shrinking sales is significant because it happened during the back-to-school shopping period, usually retailers' biggest month outside the December holiday season. And a three-month decline in sales like this - September's drop was the worst - hasn't occurred since the 1990-1991 recession...
...rates for default insurance for 10 of the world's most prominent banks, including Morgan Stanley and Goldman Sachs, demonstrate that there is a lot of market concern about the stability of leading financial institutions, even after the Treasury's recent steps. Another piece of evidence: the premiums on three-month interbank loans remain very high in comparison with overnight loans, signaling banks' deep uncertainty about the sector's stability...
...around the country. Her vehicle, which was parked outside of the Peabody Museum for the duration of her show, is fully equipped with a bedroom, kitchen, and bathroom, providing Bailey with what she calls a “nice, nice lifestyle.” Bailey is currently on a three-month stint across the country. Her next stop: Dayton, Ohio. And while some 92-year-olds might find such an itinerant existence tiring, McLaughlin said, “I think it makes her younger...