Word: steeper
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...famously deliberative body, where the filibuster power ensures that it takes approximately 60 votes to get just about anything done, the Democrats' majority of 50 means they must lure at least 10 Republicans across the aisle on most bills. This hurdle is even steeper in the current lame-duck Congress, given Barack Obama's resignation and the pending exits of both Joe Biden and Hillary Clinton (though sources say that in extreme circumstances, Biden and Clinton might consider returning for a vote). Add to that some Democratic defections, such as Montana Senator Max Baucus, who has declared his opposition...
Maybe so. But given the much steeper cuts that other central banks are making, the ECB move still seems modest in the face of the economic erosion under way. The Bank of England cut its key rate by one percentage point to 2% today, while Sweden's central bank cut its key rate by 1.75 percentage points. The U.S. Federal Reserve's main lending rate now stands at 1%, the lowest level in five decades...
...recovery was nowhere in sight. All broad stock market indexes dropped sharply, with the steepest thrusts coming at the end of the trading day. The Dow ended Monday's session down 679.95 points or 7.7%, one of its worst days in recent months. Other broad market gauges took even steeper dives, with the Standard & Poor's 500, which includes financial stocks, falling 9.93%. The S&P 500 is now down...
Over roughly the same time period, death rates from all cancers fell in both sexes: 1.8% per year on average from 2002 through 2005. Again, the decline was slightly steeper in men, whose cancer death rate fell 2% a year from 2001 through 2005; in women, the death rate dropped 1.6% per year from 2002 through...
...Christmas calculus to get you to loosen your wallet during the holiday season, but this year it feels a little more desperate. Stores are starting their promotions earlier in the hopes of luring in customers quickly to spend money - before they're tapped out or the markdowns get any steeper. Black Friday, the Friday after Thanksgiving, is the traditional kick-off of the holiday shopping frenzy, and it will still be the biggest sales generator of the season. But don't sweat it if you can't shop that day. "We will start to get Black Friday level deals every...