Word: pricedness
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With hardwood floors, a slate bar and distinctive red light shades, the restaurant’s menu offers New York steak and seared duck for dinner, and sandwiches and salads on its more reasonably priced lunch menu.
Junk bonds didn't get their name for no reason. If the recession worsens, default rates will continue to rise and returns will suffer. A period of widespread price deflation in goods and services, which some have argued is a risk, would be especially tough on companies struggling with hefty...
And they're going to try to do it with satellite. Why? Vivendi chairman Jean-Marie Messier settled on EchoStar-Hughes (which owns DirecTV) for the same reason Rupert Murdoch wanted Hughes before EchoStar moved in. Most of the nation's cable lines are in the hands of rivals like...
Ah, the peculiar pain of mixed signals. Somehow it's hard to feel good about U.S. carmakers forcing themselves through the binge-purge-binge motions of brisk and healthy capitalism, especially since none of them are making any actual money off these little stunts, and it strains credibility to imagine...
In other words, the Fed is still standing by, still watching - and still playing it close to the vest in case any pessimists out there need at least the possibility of another cut. (After the announcement, the Chicago bond slingers immediately priced in another quarter-pointer for Jan. 30. Just...