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No title 2008-05-06 04:39:50 Economic IndicatorsIn order to develop the nation's monetary policy, the FOMC looks at many economic indicators. This gives the FOMC a feel for what the economy is doing and what direction it may be taking. It also looks to the The Beige Book, which is a report that summarizes comments received from businesses and other contacts outside of the Federal Reserve. This, in addition to economic indicators, forms the basis for the FOMC's monetary policy.The Federal Reserve chairman accesses data about the economy every half hour or so when things in the economy are calm, and every 15 minutes when things aren't. This is simply to make sure nothing is happening in the economy that the chairman doesn't know about. The chairman can also tap into a network of business contacts that provide insight in
No title 2008-05-06 04:39:17 Economic IndicatorsIn order to develop the nation's monetary policy, the FOMC looks at many economic indicators. This gives the FOMC a feel for what the economy is doing and what direction it may be taking. It also looks to the The Beige Book, which is a report that summarizes comments received from businesses and other contacts outside of the Federal Reserve. This, in addition to economic indicators, forms the basis for the FOMC's monetary policy.The Federal Reserve chairman accesses data about the economy every half hour or so when things in the economy are calm, and every 15 minutes when things aren't. This is simply to make sure nothing is happening in the economy that the chairman doesn't know about. The chairman can also tap into a network of business contacts that provide insight in
No title 2008-05-06 04:38:22 Smart CardsThe "smart" credit card is an innovative application that involves all aspects of cryptography (secret codes), not just the authentication we described in the last section. A Smart Card has a microprocessor built into the card itself. Cryptography is essential to the functioning of these cards in several ways:The user must corroborate his identity to the card each time a transaction is made, in much the same way that a PIN is used with an ATM. The card and the card reader execute a sequence of encrypted sign/countersign-like exchanges to verify that each is dealing with a legitimate counterpart. Once this has been established, the transaction itself is carried out in encrypted form to prevent anyone, including the cardholder or the merchant whose card reader is involved, from "e
No title 2008-05-06 04:38:06 How Credit Cards WorkHave you ever stood behind someone in line at the store and watched him shuffle through a stack of what must be at least 10 credit cards? Consumers with this many cards are still in the minority, but experts say that the majority of U.S. citizens have at least one credit card -- and usually two or three. It's true that credit cards have become important sources of identification -- if you want to rent a car, for example, you really need a major credit card. And used wisely, a credit card can provide convenience and allow you to make purchases with nearly a month to pay for them before finance charges kick in.That sounds good, in theory. But in reality, many consumers are unable to take advantage of these benefits because they carry a balance on their credit card from m
No title 2008-05-06 04:37:11 How Stocks and the Stock Market WorkThe front of the New York Stock Exchange The stock market appears in the news every day. You hear about it any time it reaches a new high or a new low, and you also hear about it daily in statements like "The Dow Jones Industrial Average rose 2 percent today, with advances leading declines by a margin of..."Obviously, stocks and the stock market are important, but you may find that you know very little about them. What is a stock? What is a stock market? Why do we need a stock market? Where does the stock come from to begin with, and why do people want to buy and sell it? If you have questions like these
No title 2008-05-06 04:35:57 Exchanges and Brokers There are three big stock exchanges in the United States: • NYSE - New York Stock Exchange • AMEX - American Stock Exchange • NASDAQ - National Association of Securities Dealers A company "lists" its stock on an exchange. For example, the NYSE has about 3,000 companies listed. According to the NYSE: At the end of November, 1998, there were 3,104 companies with stock listed on the NYSE. These companies had over 236 billion shares worth a total of $10.1 trillion available for trading on the Exchange, giving the NYSE the world's largest market capitalization (in global market-value terms, the total global value of the NYSE-listed companies exceeded $12.8 trillion). Anyone who wants to buy or sell stock in any of these 3,000 or so companies goes to the New York Stoc
No title 2008-05-06 04:26:08 Thin & Sexy The Sony Ericsson co. is one of the leading cell phones manufacturers in Europe. The successfully 700 and 800 series became most wanted among the citizens of Europe and Japan. Style and quality- these are the main components of all the latest Sony Ericsson products. No doubt, Sony does know how to make things better. All this concerns the new SonyEricsson creation – thin and sexy SonyEricsson z610. The z610 is a stylish 3G (third generation) clamshell phone with the cool mirror finish and really sexy design. Z610 has no superb features like some other SonyEricsson phones but the design takes all the attention. The main design novelty of z610 is its OLED front display. It gives you a grea
No title 2008-05-06 04:25:26 Watch piece for film-freaks Are you a film-freak? Well, I'm aware that you are a gadget-geek, but this doesn't mean that you can't be cinema addicted.As for me, cinema is my second passion. Fortunately, we don't lack new pictures. On the other hand, there are very few of them worth speaking about. By the way, I prefer both new and old movies. Actually, I can be proud of my collection. Moreover, my MP3 collection counts many soundtracks. You see, when listening to my favorite films soundtracks I fall into a special state that makes me feel a movie star.And you know, very often I want to get something that is associated with my favorite pictures, a kind of accessory. Fossil is not the first company that decid
No title 2008-05-06 04:24:28 iPod Security Device Today it's difficult to find a gadget more popular than iPod is. What caused its popularity? Actually, to answer this question means cracking Apple's recipe for success.Its producers are unlikely to reveal all secrets about the device. In fact it doesn't matter, unless you are going to invent something that can eclipse iPod. I think that there are two things that are really important for any customer: the item's price and quality. If a producer is able to guarantee these two aspects, he becomes a leader.Anyway, I heard no negative comments from iPod owners. This means that everybody is satisfied with this MP3 player. At the same time I suspect this gadget is a tidbit for those looking f
No title 2008-05-06 04:24:05 QDOS Genesis Portable Speaker for iPod line This week is quite significant for all iPod addicted. Why? The fact is this week Apple Expo takes place. They've launched a few novelties and made a kind of remake of their old models. Some very cute devices, I must confess. I guess that iPod fans all over the world exult as now we have much more "fetishes" to enjoy! But today I'd like to tell you about a QDOS. It is a portable sound system designed by Genesis especially for iPod line. It means the system works with all iPods available today (except the iPod Shuffle). Actually, it rather looks like a soup can or coffee filter than a speaker. The device is four-way sound system comprising 4 x 3 watt speakers. It
No title 2008-05-06 04:23:39 iPod Compatible Clothes Happy New Year, everyone! Here we are, at the beginning of a brand new year. This might be another bridge to invention of new technologies and hence, new gadgets too. So the past year has brought us many, many things, which we liked or disliked, but there is nothing to appear or disappear in vain: we have learned something from our mistakes and have made new useful conclusions. So may the New Year bring you not flawlessness, but only little mistakes, whose consequences you wouldn't even feel. Using the experience of such mistakes you can make big conclusions to avoid big errors. And what I am going to bring you right now is a new collection of clothes designed for wearing when usin
No title 2008-05-06 04:23:05 Philips Goes Glamorous - Helped by Swarovski Lock InLock OutPhilips and Swarovski: a team to break every girl's heart. I guess all the geeky girls will fall in love with the latest creations of this team. Philips provides the technology, Swarovski provides the stones so that every girls is satisfied (in other way!). The partners have designed a series of gadgets in two categories: USB keys and Stereo headphones. And all of these chic gadgets constitute one collection called 'Active Crystals'. The 'Active Crystals' collection is new, it actually is not even available, YET, but I'm sure there gadgets will have some fans here and there across the world. But you imagine, that everything which has a combination
No title 2008-05-06 04:22:20 Katharina Ludwig Ice Jewelery Concept Here is a quite interesting concept of Katharina Ludwig – Ice Jewelery! It comes to continue the Series of Temporary Jewelery Concept, Soap Jewelery being one to equal Ice Jewelery and to rise specific interest. While Soap Jewelery Concept appeared inspired by the gestures of washing, Ice Jewelery Concept emphasizes the water value to human existence. The designer's idea is to contrast warmth of the human body and coldness of ice.Just the same way Soap Jewelery dissolves while cleaning yourself, Ice Jewelery melts down to delight your skin. This is where your body warmth comes to destroy the beauty expressing the supreme energy it possesses by melting the ice. Ice
No title 2008-05-06 04:21:32 Danish and Arab Daybed by Dekka Have you lately thought of a comfortable and relaxing daybed? Something that will brake all the designing standards and traditions... something that is plain enough to be genial and unusual. Watch it here! Maybe the Danish and Arab Daybed from Dekka is the very embodiment of your dream. Though, conceptually it features a totally new approach, this daybed still is made in keeping with the best design traditions of top level furniture. The roots of the Dekka's daybed go deep into Arabic traditions where asymmetrical shapes made up the very harmony. Here the asymmetry is represented by the irregular hexagon cells. The Danish influence is seen in the 'melted'' angles of the hexag
No title 2008-05-06 04:21:05 Almost Weeble Wobble Vase Got bored of the transparent, symmetrical vases? Tired of guessing how much water you flower needs? Let me share my delight about a great piece of invention. Some smart guys have created a vase which takes different positions in relation to the surface it stands on. The position depends on the quantity of water the vase contains! So, when the vase tends to bound to the ground it means that your flower needs water, if it stays straight upward (sits at a 30-degree angle) then it is filled. (I wonder if it is going to fall down if all the water evaporates. It worths experimenting.) The very vase is made of handcrafted pewter, and is perfectly balanced to make it lie down and get ba
No title 2008-05-06 04:20:43 Body Beautifying Device. Not Only About Losing Weight How often do you test some devices on yourself? I bet the answer is NEVER. Because I'm just like all of you there. I don't have the bad habit to experiment when I'm not into the subject. Lately, I have got into some vibration therapy (with a Body Beautifying Device) which is being promoted as a fitness thing for able-bodied people. Though it sounds like a really new thing it proves to be a very old therapeutic practice. It comes that manual vibration treatment was applied to the human body from ancient times. Hindoos, and Brahmins are thought path breakers on the subject. Then followed Chinese and Greeks who probably got their knowledge from the Hindoos.
No title 2008-05-06 04:20:23 Swarovski Morpheus Chandelier Swarovski Morpheus Chandelier is a true masterpiece! I'd even say that it is the culmination of the Swarovski Chandelier Series. The great idea is that it makes a designer out of you! How? Quite simple, it allows the viewer shape his/her own chandelier out of the light reflections it creates. For soul:The light reflections play an imaginary game with each of the viewer! While you move it changes its appearance. You may see a circle, which in a second turns into a square, then a couple of seconds latter it makes on an infinity sign. All this happens very smoothly, almost unobserved, and if you are watchful enough your eyes will catch the shapes between. Very much like a kaleidosc
No title 2008-05-06 04:19:39 Veronica Vail's Handheld Digital Wallet Do you already have a personal strategy of saving or spending money? Well, if not get a personal assistant! Namely a product that promised to solve the portable-storage problem once and for all. Let me introduce you the Handheld Digital Wallet by Veronica Vail.Call it a planner, an organizer, a manager – what ever you want. This handheld digital wallet is actually an efficient aid in financial planning. It is able to track your earning and spending which makes it possible to manage the very strategy of saving or spending. Besides, you can monitor your account(s), track your investments and make payments right from the device. The Digital Henddeld Wallet houses a univ
No title 2008-05-06 04:19:16 iLight – How Much Apple's It Has? It seams to me that lately the very trend is to own any gadget that bears the Apple logo or the "i" meme. People are just crazy about it and designers take advantage of the mass addition! Why not, if this satisfies both parts? :) The millions of Apple fans will certainly enjoy the iLight Fashlight, but the truth is that the very concept doesn't actually belong to Apple. Behind this fancy looking gizmo stands the designer Miyoshimasato (sounds Japanese). Why all crazy and innovative things are made by as a rule by Japanese? The design seams pretty simple and austere. Besides the features are not something unknown to the market.How it works? A touch interface with multiple i
No title 2008-05-06 04:18:42 A Stockholm Bar's Ceiling This is not actually an advertising review of a bar! I just wanted to share impressions on a really gorgeous place I have the chance to visit in Stockholm. Still, for those who want to see it by themselves know that it is situated in the in central Stockholm, intimate 65 sqm bar. The bar is pretty small having only 5 tables, but the great thing about it that it is open day and night. As I assumed it is not designed for sitting as it has a vast space for dancing. But let's get back to the issue I liked the most in this bar and the cause I started to write about it. The Ceiling! This is first you see and admire upon entering the bar! The endless mirror bubbles come over the entire c
No title 2008-05-06 04:18:12 Loopty Loop Loopita Probably one of the areas which will never stop to generate new ideas is the area of furniture! This is because people love furniture! They like it for comfort, they like it for originality and of course they like it to just watch how far human imagination can go. Loopty Loop Loopita is a concept of sofa that appeared back in January 2007 and until recently it continued to have the statute of 'concept'. Now it's going into production! The design is signed by Victor Aleman who presented this spiral-looking sofa to the 2nd Concourse of Design in Hardwood that took place in Mexico City. So it comes that he took the 1st place at the encounter furniture category! Here I guess the sofa was reme
No title 2008-05-06 04:15:26 Toshiba IK-HD1 is World's Smallest HDTV Camera With vital measurements of 1-6-inches cubed and 2.3-ounces in weight, Toshiba's IK-HD1 waltzes in to easily steal the "Smallest HDTV Camera, Ever" title. Packed to the miniature eyeballs with three CCD chips, the 1K-HD1 can capture video at broadcast-quality at 1080i, but it won't be making its way to your camcorder anytime soon. The tiny marvel is actually intended for professional broadcasting, and needs to be hooked up to a rather sizable control unit, which can be placed up to 90-feet away. It appears Mr Professional Broadcasting wins again. Dammit.
No title 2008-05-06 04:14:48 3DConnexion's 3D SpaceNavigator Mouse For Laptops Big week for 3DConnexion, a Logitech company, as they update their twisting/rotating desktop SpaceNavigator mouse for laptops. We're not sure what differentiates this laptop version from the desktop version (which also works with Second Life), but it's got a "new cap design" and is smaller than the desktop version. It also looks quite nice in a knob sort of way. [BusinessWire]
Lenovo Laptops 2008-05-06 04:13:41 Laptop has never been so gorgeous till Ausus their new laptops in leather. The new Asus laptops are the W6 and S6 that comes with kind of small 13.3″ screen but with wonderful cover in choices of beautiful colors.The 13.3-inch widescreen W6 new Leather Collection brings a wide aspect visual satisfaction with the exceptional compact mobility. Its chassis is covered in genuine cowhide leather, which is so authentic that it even comes with “markings such as scars, wrinkles and grain variation. Read more:Lenovo
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