CNN Marketplace 2006-06-01

Special thanks to antoniazhang, AC, and Californian for your help.

Michelle Wright: Delta's pilots have approved an agreement which will help the bankrupt carrier get back on its feet, says Airline spokeswoman Chris Kelly.

Chris Kelly: We are er, feel pretty good er, that this will get us where we need to be. This contributes to the numbers that we outlined in our transformation¹ plan right after we went into the bankruptcy² court, and that we're fairly confident that er, this should do it for a while.

Michelle Wright: The deal includes 280 million dollars in concessions³, including an initial 14% pay cut.

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Michelle Wright: It's not the content of character, but the color of one's skin that could determine the rate you pay for a mortgage, according to a recent study.

Matt Cherry: A report by the Center for Responsible Lending finds African-Americans and Latinos are 30% more likely to get higher rates for home loans than whites, that's irregardless of credit scores and risk factors.

Debbie Gruenstien Bocian: Racial and ethnic⁴ disparities persist even despite, um controlling for these, these risk factors.

Matt Cherry: Center Senior Analyst⁵ Debbie Gruenstein Bocian adds that many lenders and brokers⁶ steer⁷ people into higher cost loans than they can afford. She says those high-cost lenders may be targeting minorities more aggressively. Matt Cherry, CNN.

Michelle Wright: Speaking of mortgages, applications fell last week as the rate for 30-year fixed⁸ loans increase to 6.66%, that's the highest it's been in 4 years. However, 15-year fixed rate mortgages and adjustable⁹ rate mortgages were down.

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Michelle Wright: The markets continue their roller coaster ride through Wall Street and gas prices are leading the way.

Larry Wachtel: You saw yesterday and there was an anouncement from Wal-Mart that rising gasoline prices is indeed impacting the consumers' ability to spend. So there're so many crosscurrents that lead to the volatility¹⁰.

Michelle Wright: Wachovia Securities consultant¹¹ Larry Wachtel.

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Michelle Wright: And it looks like we are a little more confident when it comes to keeping our jobs.

Lee Garen: A new survey completed by Right Management indicates that American workers feel more confident about their job security today than they did 6 months ago. Over 80% feel there's little to no chance that they will lose their job during the coming year.

Michelle Wright: CNN's Lee Garen.

With CNN radio in the marketplace, I'm Michelle Wright.

1 transformation   

n.变化；改造；转变

参考例句：

• Going to college brought about a dramatic transformation in her outlook.上大学使她的观念发生了巨大的变化。
• He was struggling to make the transformation from single man to responsible husband.他正在努力使自己由单身汉变为可靠的丈夫。

2 bankruptcy   

n.破产；无偿付能力

参考例句：

• You will have to pull in if you want to escape bankruptcy.如果你想避免破产，就必须节省开支。
• His firm is just on thin ice of bankruptcy.他的商号正面临破产的危险。

3 concessions   

n.（尤指由政府或雇主给予的）特许权( concession的名词复数 )；承认；减价；（在某地的）特许经营权

参考例句：

• The firm will be forced to make concessions if it wants to avoid a strike. 要想避免罢工，公司将不得不作出一些让步。
• The concessions did little to placate the students. 让步根本未能平息学生的愤怒。

4 ethnic   

adj.人种的，种族的，异教徒的

参考例句：

• This music would sound more ethnic if you played it in steel drums.如果你用钢鼓演奏，这首乐曲将更具民族特色。
• The plan is likely only to aggravate ethnic frictions.这一方案很有可能只会加剧种族冲突。

5 analyst   

n.分析家，化验员；心理分析学家

参考例句：

• What can you contribute to the position of a market analyst?你有什么技能可有助于市场分析员的职务？
• The analyst is required to interpolate values between standards.分析人员需要在这些标准中插入一些值。

6 brokers   

n.（股票、外币等）经纪人( broker的名词复数 )；中间人；代理商；（订合同的）中人v.做掮客（或中人等）( broker的第三人称单数 )；作为权力经纪人进行谈判；以中间人等身份安排…

参考例句：

• The firm in question was Alsbery & Co., whiskey brokers. 那家公司叫阿尔斯伯里公司，经销威士忌。 来自英汉文学 - 嘉莉妹妹
• From time to time a telephone would ring in the brokers' offices. 那两排经纪人房间里不时响着叮令的电话。 来自子夜部分

7 steer   

vt.驾驶，为…操舵；引导；vi.驾驶

参考例句：

• If you push the car, I'll steer it.如果你来推车，我就来驾车。
• It's no use trying to steer the boy into a course of action that suits you.想说服这孩子按你的方式行事是徒劳的。

8 fixed   

adj.固定的，不变的，准备好的；(计算机)固定的

参考例句：

• Have you two fixed on a date for the wedding yet?你们俩选定婚期了吗？
• Once the aim is fixed,we should not change it arbitrarily.目标一旦确定，我们就不应该随意改变。

9 adjustable   

adj.可调整的，可校准的

参考例句：

• More expensive cameras have adjustable focusing.比较贵的照相机有可调焦距。
• The chair has the virtue of being adjustable.这种椅子具有可调节的优点。

10 volatility   

n.挥发性，挥发度，轻快，（性格）反复无常

参考例句：

• That was one reason why volatility was so low last year.这也是去年波动性如此低的原因之一。
• Yet because volatility remained low for so long,disaster myopia prevailed.然而，由于相当长的时间里波动性小，灾难短视就获胜了。

11 consultant   

n.顾问；会诊医师，专科医生

参考例句：

• He is a consultant on law affairs to the mayor.他是市长的一个法律顾问。
• Originally,Gar had agreed to come up as a consultant.原来，加尔只答应来充当我们的顾问。