Word: tumults
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...Israel faces months of political tumult in the run-up to early elections, probably in mid-February. During this season of uncertainty, it is extremely unlikely that caretaker Prime Minister Ehud Olmert will be able to advance the peace proposals before President George W. Bush vacates the White House in January...
...seventh day, the market rested. After five days of tumult that added up to the worst week in stock-market history, and a sixth day that saw the biggest point gain ever, the Dow Jones industrial average on Tuesday finished down 76.6 points, or 0.8%, an extremely mild loss considering the rollercoaster ride of recent days. The S&P 500, a broader measure of the stock market, finished down 0.5%, and the NASDAQ lost...
...times of tumult, it is only human to look for answers, and on Thursday there were plenty of story lines to account for the pain. Financial companies, the bêtes noires of the global economy, were at it again, led by Morgan Stanley, off 22% after speculation about the status of planned investment. Or perhaps the trigger was General Motors, down 31% in the wake of being put on watch for a possible credit-rating downgrade, signaling that the broader economy is on much shakier ground than everyone thought. Or could it even have been the much vilified short...
...APRIL M. VAN BURENCONTRIBUTING WRITERYou know that moment in a movie, a play, or a TV show where the sexual tension between the two main characters finally explodes in a tumult of fiery passion? The defining moment where a pair of lovers finally embrace and let their feelings take physical form? The quintessential “first kiss” scene? This typical romantic fanfare doesn’t find a place in the Harvard-Radcliffe Dramatic Club’s production of “Stop Kiss.” Though the title might lead an audience to assume...
...tumult at the top of financial markets has not filtered down evenly, but that doesn't mean it's not seeping. There are cracks on Main Street, but whether or not you see them largely depends on where you stand. Just ask anyone who wants to buy a house with a subprime mortgage - they're not all evil, but these days they are exceedingly rare - or with a jumbo loan, which now carries an average rate 1.2 percentage points above a regular mortgage. (In normal times, the spread is closer to a quarter of a percentage point.) "Some people...