This cash wad is more than it was last week. Photo: Pineapple Studio/Getty Images/iStockphoto On Monday, the U.S. dollar reached its highest level in a year and a half, as measured against a weighted basket of foreign currencies. You can now buy a Euro for just $1.12, and a British pound for $1.28. So, it’s a good time for a European vacation. But what else does this mean? Here are a few takeaways: The strong dollar is a sign of America’s relatively good economic outlook. When a country is expected to have stronger growth than its peers, its currency tends to rise because people want to make investments in that country, and you need that country’s currency in order to do so. Conversely, economic challenges can worsen the investment outlook and reduce the demand for local currency. Political-economic turmoil in Europe — such as Brexit and the fight between Italy and the rest of the EU over its budget — have tended to push the Euro and the pound … [Read more...] about The Dollar Keeps Getting Stronger. Here’s What That Means for You.
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The Federal Reserve yesterday raised its benchmark interest rate to a range of 0.5 percent to 0.75 percent, up from 0.25 percent to 0.5 percent. People in the business of venture-backed startups were paying attention, too, and not because of the new range, which is still super low by historical standards. It’s what the move augurs – even higher interest rates in 2017 – that interests them. Why does it matter? Well, if you’ve founded, or invest in, early-stage startups, it probably doesn’t – yet. Enough investment capital has been raised in the last 12 to 24 months to insulate young companies and early-stage investors for some time to come. “If you’re investing behind two women and a cat, it makes no matter what the Fed is doing,” says Venky Ganesan, a managing director at the early-stage venture firm Menlo Ventures. “There’s still a lot of money in the system that needs to go somewhere,” adds Bradley … [Read more...] about Here’s what that new Fed rate increase means for venture-backed startups
White House Press Secretary Stephanie Grisham backtracked from comments she made Tuesday that Obama administration aides left behind taunting notes for incoming Trump officials when they handed over their offices in 2017. Numerous Obama aides denounced the accusation as fiction.“We came into the White House, I’ll tell you something, every office was filled with Obama books and we had notes left behind that said ‘you will fail,’ ‘you aren’t going to make it,’” Grisham told conservative radio show host John Fredericks in an interview Tuesday.Grisham later stepped back from those comments and said the nasty notes were left only in one part of the White House that houses press operations.Some high-profile Obama administration officials flatly denied the claim, including former national security advisor Susan Rice. Advertisement “This is a bald faced lie,” Rice wrote on Twitter.Grisham’s complaint came as House Democrats … [Read more...] about Trump spokeswoman backtracks after saying Obama aides left behind mean notes
The Golden Ratio of Beauty originates from the time of the Greeks and Romans and was popularized during the European Renaissance when artists like Michelangelo and Leonardo da Vinci used this mathematical principal to compute the beauty in their masterpieces. According to the ratio, the ideal proportion between various sites of the face is 1.618. While historically different cultures were believed to have different standards of beauty, more recent work has found high consistency between people’s judgements of facial beauty within and between cultures. Research has also shown that our perceptions of beauty may be hard-wired into our being such that newborn infants look longer at pictures of beautiful faces.A recent study published by Facial Cosmetic Surgeon, Dr. Julian De Silva, implemented this mathematical formula to determine the world’s most beautiful woman in 2019. In the article, he claimed Bella Hadid was the world's most beautiful women followed by Beyonce in … [Read more...] about Beautiful Doesn’t Always Mean Attractive
The first thing I notice standing in front of artist Bianca Beetson’s striking series of self portraits is the colour. It’s so rare to see pink in an art gallery the effect is striking. Beetson, whose work appears as part of Queensland University of Technology (QUT) Art Museum’s Quaternary exhibition (on until 28 June), has gained a reputation for working in shocking pink, and you quickly realise this is far from a frivolous decision. “Pink can be quite an edgy colour. I look at how it can be soft and gentle but can also be strong and powerful. I use it to represent artificiality,” says Beetson. “The more I developed my identity of voice as an Indigenous artist, the more using pink became about being a black woman and the way Australian history has been so candy coated to make it palatable, it’s so artificial, pink acts as a whole cultural reference for this,” says Beetson. Has she always been drawn to the colour? “I was a … [Read more...] about Think pink! How did one colour come to mean so much?