Word: returned
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Dates: during 2000-2009
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...Consumer spending and debt have been on the decline of late, that's true. But the most recent numbers show signs of a return to our old ways. In October, consumer spending rose 0.7% over the previous month, according to the Commerce Department, which is particularly interesting since personal income only edged up 0.2%. It seems it's going to take more than economic calamity for us to realize that perhaps we should be more prudent with our money...
...Mumbai's main railway terminal during the first night of the attacks. Qasab faces the death penalty in India if convicted of the 86 charges against him, which include murder and waging war against India. He made only a brief appearance on Wednesday morning and asked to return to his cell, complaining that he was unwell. About three months into the trial, on July 20, Qasab stunned the court by changing his plea to guilty, but he now maintains his innocence. Two Indians, Fahim Ansari and Sabahuddin Ahmed, are also on trial with him. They are accused of scouting...
...therein lies the problem. For years the UAW and the Big Three - now dwindled to the Detroit Three - operated an unholy alliance. Management would pile on wage hikes and perks, and in return (wink, wink) the union would keep the peace, i.e., rule out strikes, even though both sides must have realized that the amount being paid to workers was unsustainable, particularly if the industry hit any downdrafts - which happened with increasing frequency starting with the 1973 OPEC oil embargo. (See the 50 worst cars of all time...
...really bad decade like this one, the next decade turns out to be much better for investors," says Richard Sylla, a professor of economics at the NYU Stern School of Business. "Probably 10 years from now, people who are investing today are going to have fairly nice returns." Over time, stocks have averaged a total return of about 9%. Remember, stocks were down 1.2% per year this decade, after being up 18.2% per year in the 1990s. Returns always revert to the mean. (See the worst business deals...
...spoke of Beijing's ability to "promote peace, stability and development in that region." In New Delhi, this was read as a sign of U.S. acceptance of China viewing South Asia - India's neighborhood - as part of its own sphere of influence. Chellaney saw the statement as a "return to a kind of Cold War thinking where two great powers can dictate terms to a lesser one." China's long-standing border disputes with India, and its building up of the Pakistani military, makes many in New Delhi reluctant to welcome Beijing as a benign presence. Indeed, some fear India...