Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON February 3, 2005
Full News Archive
- Headline: Fed Raises Rates for Sixth Consecutive Time. Impact: The Federal Reserve's decision to raise interest rates sent shockwaves through the economy, leading to a snowball effect of higher loan payments, which subsequently led to Americans discovering the joys of budgeting... or just pretending it doesn't exist.. Fact: Interest rates are like the economy's version of a roller coaster ride—thrilling for some, terrifying for others, and usually a little nauseating..
- Headline: James Brown's Soulful Memoir Reviewed. Impact: James Brown's memoir not only celebrated his legendary status but also prompted a revival of soul music that, centuries later, would inspire countless karaoke nights and awkward dance moves at weddings.. Fact: Fun fact: James Brown once held a world record for the most hits on the Billboard Hot 100. That’s right, he was basically the original Spotify playlist..
- Headline: Talent Call: Hot New Artists Wanted. Impact: The search for new artists at P S 1 led to an arts renaissance that would eventually see the rise of Instagram art stars, giving rise to the eternal question: 'Is it art, or should we just keep scrolling?'. Fact: Art is subjective, which is just a fancy way of saying 'I don't get it, but let's pretend I do.'.
Wall Street Time Machine
AMZN
Amazon
Amazon - If you invested $1,000 in 2005, it would be worth $101,869 today (101.9x return)