Word: squeezees
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Times are good for borrowers because the nation's banks are caught in their own version of the profit squeeze. After the Federal Reserve boosted the permissible rate on savings deposits to 4% last January, commercial banks found themselves obliged not only to pay higher interest but to pay...
Size alone is no safeguard against the profit squeeze of the sluggish 1960s. This is the key message of FORTUNE'S eighth annual directory of the nation's 500 biggest industrial corporations. Though overall the companies on FORTUNE'S 1961 list boosted their sales 2.2% to a...
In Europe as in the U.S., the jet age is a convenience to passengers and a financial headache to the airlines. Between the high costs of the switchover to jets and the bitter competition for passengers to fill the bigger jets. West Germany's Lufthansa last year lost about...
Vicious Circle. In his letter to Kennedy, Rockefeller expressed confidence "that the thoughts I express are shared widely within the financial and business community, both here and abroad." To help solve the U.S. balance-of-payments deficit, he suggested several measures, among them cutting military expenditures abroad, tying more foreign...
To keep the economy healthy and encourage investment, the President said, another inflationary spiral must be prevented: "Our share of the world's manufactured exports declined in the 1953-60 period by nearly 16%-at the same time that our prices on these products, relative to those of other...