CNN Marketplace 2006-07-03

For 12 straight months, there was a monthly decline in the percentage of money we are saving, which, according to Standard & Poor's chief economist¹ David Wyss, is pretty worrisome.

One of the basic problems in this data is that consumer spending continues to outpace income. The saving rate is now down to -1.7%. We can't continue to do that, we can't continue to leave this part beyond our means, and that means the consumer has got to slow down.

According to the Commerce Department, both personal income levels and consumer spending levels were both up in the month of May.

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Power changes and mergers² are creating a number of new mega stores, but there is no surprise when it comes to the retailer³ who's tops on this year's Top 100 list.

Wal-Mart leads the way. It's the top retailer according to Stores Magazine. The Arkansas-based company saw a 9.5% sales gain or a little over 315 billion dollars. Two recent mega mergers caused some shuffling⁴ on the Top 100 list of leading US retailers⁵.

Since the marriage between Sears and K-Mart. Sears Holding soars to No.4 out from 9th place last year. Federated Department Stores ranked 20th in 2005 is now 14 after merging⁶ with May.

Liz Kennedy, CNN.

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President Bush today nominated Frederic Mishkin, currently a professor of the Banking⁷ and Financial Institutions at Columbia University's Graduate School of Business, to serve on the Federal Reserve Board.

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The Big Apple and Snapple are heading to court after the drink maker⁸ sued the city for inaccurate⁹ revenue projection¹⁰.

The city signed a 5-year deal in 2003 that allowed this beverage¹¹ company to have its vending¹² machines in all its buildings. They expected it to produce 36 million dollars in revenue over 5 years. Now it looks like it's going to produce 2.4 million dollars.

CNN's Andy Serwer.

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Meanwhile, French law-makers are taking a little nibble¹³ out of Apple computers. The legislature gave final approval to government-backed legislation which could force Apple to make the i-Pod music player and i-Tunes on-line store compatible with rivals' offerings.

With CNN Radio in the Marketplace, I'm Michelle Wright.

1 economist   

n.经济学家，经济专家，节俭的人

参考例句：

• He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
• He's an economist who thinks he knows all the answers.他是个经济学家，自以为什么都懂。

2 mergers   

n.（两个公司的）合并( merger的名词复数 )

参考例句：

• Mergers fall into three categories: horizontal, vertical, and conglomerate. 合并分为以下三种：横向合并，纵向合并和混合合并。 来自辞典例句
• Many recent mergers are concentrated within specific industries, particularly in retailing, airlines and communications. 现代许多合并企业集中进行某些特定业务，在零售业、民航和通讯业中更是如此。 来自英汉非文学 - 政府文件

3 retailer   

n.零售商(人)

参考例句：

• What are the retailer requirements?零售商会有哪些要求呢？
• The retailer has assembled a team in Shanghai to examine the question.这家零售商在上海组建了一支团队研究这个问题。

4 shuffling   

adj. 慢慢移动的, 滑移的 动词shuffle的现在分词形式

参考例句：

• Don't go shuffling along as if you were dead. 别像个死人似地拖着脚走。 来自英汉文学 - 嘉莉妹妹
• Some one was shuffling by on the sidewalk. 外面的人行道上有人拖着脚走过。 来自英汉文学 - 嘉莉妹妹

5 retailers   

零售商，零售店( retailer的名词复数 )

参考例句：

• High street retailers reported a marked increase in sales before Christmas. 商业街的零售商报告说圣诞节前销售量显著提高。
• Retailers have a statutory duty to provide goods suitable for their purpose. 零售商有为他们提供符合要求的货品的法定义务。

6 merging   

合并（分类）

参考例句：

• Many companies continued to grow by merging with or buying competing firms. 许多公司通过合并或收买竞争对手的公司而不断扩大。 来自英汉非文学 - 政府文件
• To sequence by repeated splitting and merging. 用反复分开和合并的方法进行的排序。

7 banking   

n.银行业，银行学，金融业

参考例句：

• John is launching his son on a career in banking.约翰打算让儿子在银行界谋一个新职位。
• He possesses an extensive knowledge of banking.他具有广博的银行业务知识。

8 maker   

n.制造者，制造商

参考例句：

• He is a trouble maker，You must be distant with him.他是个捣蛋鬼，你不要跟他在一起。
• A cabinet maker must be a master craftsman.家具木工必须是技艺高超的手艺人。

9 inaccurate   

adj.错误的，不正确的，不准确的

参考例句：

• The book is both inaccurate and exaggerated.这本书不但不准确，而且夸大其词。
• She never knows the right time because her watch is inaccurate.她从来不知道准确的时间因为她的表不准。

10 projection   

n.发射，计划，突出部分

参考例句：

• Projection takes place with a minimum of awareness or conscious control.投射在最少的知觉或意识控制下发生。
• The projection of increases in number of house-holds is correct.对户数增加的推算是正确的。

11 beverage   

n.(水，酒等之外的)饮料

参考例句：

• The beverage is often colored with caramel.这种饮料常用焦糖染色。
• Beer is a beverage of the remotest time.啤酒是一种最古老的饮料。

12 vending   

v.出售（尤指土地等财产）( vend的现在分词 )；（尤指在公共场所）贩卖；发表（意见，言论）；声明

参考例句：

• Why Are You Banging on the Vending Machine? 你为什么敲打这台自动售货机？ 来自朗文快捷英语教程 2
• Coca-Cola had to adapt almost 300,000 vending machines to accept the new coins. 可口可乐公司必须使将近三十万台自动贩卖机接受新货币。 来自超越目标英语 第5册

13 nibble   

n.轻咬，啃；v.一点点地咬，慢慢啃，吹毛求疵

参考例句：

• Inflation began to nibble away at their savings.通货膨胀开始蚕食他们的存款。
• The birds cling to the wall and nibble at the brickwork.鸟儿们紧贴在墙上，啄着砖缝。