Word: uptick
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...widespread use. At the moment, only two states, New York and Illinois, insist on giving inmates on death row access to the new technology. Why the shift? Part of it may be the legacy of the country's lower crime rate--even though murder stats have registered a slight uptick in a few major cities (see box). The flurry of sentences overturned on the basis of DNA evidence is also driving public opinion. Such genetic fingerprints have led to the freeing of 72 inmates, including eight convicted of capital crimes. Other factors include racial and economic disparities in sentencing...
...beat election-season, when coaxing up unemployment for the good of the country gets politically tricky. But that'd be about it, and if all's quiet on the Consumer Price Index front next Wednesday, the marketeers might be ready to lock into a slow-boiling, summer-long uptick based on the assumption that Greenspan is finally off their backs. But between now and then? Friday's pleasant rally turns to next week's nail-biting, and though Wednesday should be reassuring, nervousness is a very hard habit for these markets to break...
Europe is becoming more competitive just as its economic prospects look better than at any time in a decade. Business and consumer confidence is on the uptick, and there are indications the region is on the cusp of a period of extended growth, perhaps equal to the near decade of good times the U.S. has enjoyed. Most economists predict steady annual growth of 3% for at least the next three years, with no inflation to ruin the party. As in the U.S., technology and its impact on productivity may push Europe's normal economic cycle beyond historic levels. "Some elements...
...Such is retail in modern America: first B. Altman, then Gimbels and now the legendary Bonwit's. Despite a slight uptick in business caused by the current economic boom, the one-stop-shop department store has seen its business stolen by two phenomenons: the discount store (Wal-Mart, et al.) and "category killers" (Bed Bath and Beyond, Home Depot). "Bonwit's has the same story of many of the great old department stores," says TIME business editor Bill Saporito. "Once the original family sold it, it fell into financial mismanagement. But at the same time there's just no market...
Moved PermanentlyMoved PermanentlyFortune Investor DataSo why were the markets ?- led by NASDAQ, which as an index of debt-heavy tech start-ups is especially sensitive to interest rates ?- on the uptick moments after that fateful "preempt" had passed Greenspan?s lips? Because he?s going to do it only once. "A quarter-point hike, which is really nominal, has already been factored in anyway," says Baumohl. "All this talk about preemption means there won?t be a series of hikes. Greenspan is still ahead of the curve." The idea of a preventative tweak ?- and this chairman?s impeccable record says...