Word: wideninging
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The success of such stores reflects a widening split in the U.S. between families with moderate and middle incomes and those earning $100,000 or more. Says Maureen McGrath, who follows retailing for Smith Barney: "Affluent consumers are becoming more affluent while the less affluent are becoming less so."
IN JULY 1993, DEPUTY WHITE HOUSE counsel Vincent Foster wrote an anguished lament: "I was not meant for the job or the spotlight of public life in Washington. Here ruining people is considered sport." Nine days later, Foster was dead. Shock at the apparent suicide of one of President Clinton...
The reason for this is that the process--the calendar, the rules, the role of the Governors--is intended to favor the candidate sanctioned by the party. If all goes according to plan, Bob Dole should hobble Buchanan, the impetuous insurgent. But nothing so far has gone as planned, and...
That, however, is a tough argument to sell to textile workers. The overall economic gains also come at the price of a modest but significant increase in wage inequality, since most of the competitive pressure is on pay for unskilled workers. George Borjas, an economist at Harvard's John F...
If Yeltsin wins a place in the runoff, he has a reasonable chance of returning to office, but he faces a daunting battle to survive the first cut. His approval ratings barely make it into two digits, his policies are under siege, and his health is shaky. He has succeeded...