Word: turmoils
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...damage inflicted by the global financial crisis. Statistics released Wednesday showed American retail sales were off 1.2% in September - almost double the expected decline. That added weight to other indicators suggesting U.S. consumer spending - which represents nearly 70% of American economic activity - is declining due to fears over economic turmoil and job security...
...kitchen offering downtrodden Icelanders a free bowl of barley-vegetable soup and a slice of bread, while just down the street a few local bars have begun selling "recession beer" at $2.60 a glass compared with the normal price of $6 or so. But with more layoffs and further turmoil expected, it will take more than hearty stew and a pint of cheap cheer to rescue this nation from economic despair...
...Paatsch says that in the current market turmoil, the lack of such information erodes confidence. Investors whose shares in a fund lose most of their value would normally want to sack the manager, but with the Mac model, "you don't know what your options are." In the case of B&B Power, for example, "if you sack the manager you'd end up in the ridiculous situation where you'd pay them 25 years' worth of management fees - that's crazy." The review also noted that the funds are allowed to act in ways that normal companies...
...Canada A Win for Harper Prime Minister Stephen Harper's Conservative Party prevailed in Oct. 14 elections, earning a broader mandate amid economic turmoil but falling short of the outright majority Harper had sought by calling the vote. In the nation's third elections in four years, the Conservatives captured at least 143--up from 127--of 308 House of Commons seats, while its primary opposition, the Liberal Party, notched just...
...possible benefit of turmoil: the bear market of 2008 may have ended the spendthrift ways of the 80 million--strong boomer generation, which is now heading rapidly toward retirement, and refocused them on saving. "We must have a reset on consumer spending; frankly, it is out of control," says Daniel J. Houston, president of retirement investor services at Principal Financial Group in Des Moines, Iowa. The average contribution to a 401(k) plan is 7% of salary, yet the average person may need to save 13% to 15% of his salary to maintain his standard of living in retirement...