Word: yielding
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...fearful day, that's for sure. The $85 billion lifeline the government threw to AIG may have prevented a total meltdown, but the Dow industrials still finished 449 off points for the day. The price of gold shot up by about $80 an ounce and the yield on the three-month Treasury bill maturing Dec. 18 dropped to 0.04% - from 0.68% the day before. "It's a total flight to quality, which points to the sheer panic that's out there," says S&P Equity Research strategist Alec Young...
...Lehman debt, a money fund marked its share value below $1--sacrilege for an investment meant to be akin to cash. A mass redemption followed. If more money funds "break the buck," you may be tempted to move to FDIC-insured accounts. Just keep in mind that they might yield less, and only one money market has ever been liquidated...
...design has produced a 65% average drop in vehicular delays, according to a recent Kansas State University study. Most roundabouts are also more aesthetically pleasing and cost much less to construct than stoplight intersections. The problem is teaching Americans how to navigate them. (Folks, cars entering a roundabout yield to those already in it.) But the heightened anxiety people feel in roundabouts makes them drive more carefully and remember that intersections are dangerous places. And as Tom Vanderbilt notes in this summer's best seller Traffic, "The system that makes us more aware of this is actually the safer...
...mechanism whereby we can bring groups of people together from different institutions in one group," says DuBois, who is part of SU2C's scientific panel. At the same time, there is hope that the 20% of grants SU2C is setting aside for outside-the-box research will yield something semimiraculous...
Such attacks yield propaganda gold for the Taliban, which feeds on anti-American rage. "The more people turn against Americans, the more benefits the Taliban get," says Saifuddin Ahmadi, a 52-year-old Kabul cabdriver. In the Afghan capital, anger over civilian casualties is leavened by the knowledge that U.S. and NATO troops may be keeping Afghanistan from plunging into civil war. In the countryside, opinions are stronger. Haji Obaidulla, 65, who lives in Kapisa province, northeast of the capital, says he "would prefer civil war to being killed by American air strikes...