Word: keys
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...screen. It further improves the touchscreen experience with two other features designed to separate navigation and confirmation, which, Lazaridis told TIME, is the trademark of the Storm. One is the virtual keyboard: each letter lights up as you tap it so you know instantly whether you hit the right key. The second is the cursor: as you move your finger across the screen, a small arrow - which looks like a mouse cursor - appears to show exactly where your finger is pointed. Then, to confirm your selections, you push down on the entire screen...
...This is a key product for RIM. It has enormous potential," says Yankee Group analyst Eugene Signorini, who predicts that RIM's partnership with Verizon, the second-largest wireless carrier in the U.S., will intensify Verizon's competition with No. 1 carrier AT&T, the exclusive service provider for the iPhone...
Silver linings, alas, aren't liquid assets. And so, the Dow Jones Industrial Average scratched its head over how to interpret the decision by six central banks, including the Fed, to lower their key lending rates - the average moving first slightly up, then down, then up again till the last 15 minutes of the day when suddenly, it all came back down, closing down more than 189 points...
...upward momentum that seemed to dominate in the afternoon came because of the coordinated action between the central banks of the U.S. - which cut its rate half a point to 1.5% - the E.U., the U.K., Canada, Sweden and Switzerland, which all also cut their key lending rates. The decision, which came ahead of the Federal Reserve's scheduled meeting October 28-29 to debate a rate cut, was on the heels of consecutive drops in major market indices around the world and the belief that, thanks to falling commodity prices, inflation is no longer the markets' major problem...
...China's huge currency reserves and its vast holdings of U.S. securities make it a key player in the U.S. financial markets. If the Chinese decided to shift any of their money out of the U.S. or the dollar, it would cause a huge upheaval, potentially sending the dollar skidding and hurting markets even further. For the moment, though, China hasn't given any hint that it's unhappy about owning rapidly depreciating U.S.-dollar assets. (The greenback has actually strengthened in recent days, but some caution that this is temporary...