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Why we perceive ourselves as richer than we think we are

By Alberto Cardaci

Everyday billions of people make countless decisions that have economic implications. Buying new clothes, having dinner at a Japanese restaurant, renting a house: most of our decisions determine how much money we spend or...

Six tips to make your airdrop a success

By Gabriele Giancola

Airdrops are becoming increasingly frequent and are a common trend in the crypto space. With thousands of tokens currently in existence and a constant stream of more in development, the number of scam airdrops is also on...

U.S. Forces in South Korea: A seven-decade commitment

By Frances Tilney Burke

Why does the U.S. have troops in South Korea? A groundbreaking diplomatic event the planned summit on June 12 between North Koreas Kim Jong Un and President Donald Trump may be in jeopardy. The actions of U.S. troops...

A clinical trial wants your DNA – what should you do?

By Martin Schiller

On May 6, the All of Us study started enrolling participants. This national study will be one of the largest ever examining the connection between genetics, behavior and medical outcomes, with a goal of 1 million or more...

Ramaphosa's new dawn: much better, but not nearly enough

By Roger Southall

Cyril Ramaphosas rise to power has been greeted enthusiastically by most South Africans. Their hope is that the new president represents a leadership cohort within the governing African National Congress (ANC) thats...

Why it's important for HR to get out in front of workplace disruption

By Linda Ronnie

Some experts believe that more than a third of jobs in South Africa are at risk of being lost because humans are going to be replaced by digitisation and computer technology. This equates to the loss of about 5.7 million...

5 things to know about mass shootings in America

By Frederic Lemieux

At least 10 students were killed at a Santa Fe, Texas high school on May 18 after a classmate opened fire with a shotgun and a .38 revolver. The shooting came just three months after another teen shooter killed 17 in...

Fixed-odds betting terminal cap must be just the start of gambling regulation

By Rebecca Cassidy

The maximum stakes permitted on fixed-odds betting terminals in the UK is to be cut from 100 to 2, following years of campaigning for the change in the face of gambling industry lobbying. Those who campaigned hardest for...

Privatizing essential human services like the VA can come at a high social cost

By Sebastian Jilke Et Al

Over the years, countries have privatized dozens of services and activities once the sole domain of governments, such as the provision of electricity and water, road operations, prisons and even health care, with the...

Can a Kim Kardashian lollipop help you lose weight?

By James Brown

Kim Kardashian West has been heavily criticised for promoting appetite suppresant lollipops on her Instagram account. Despite the criticism, more than a million people have liked her post, showing the extent of her...

The China-U.S. conflict is about much more than trade

By Charles Burton

The recent unprecedented, high-level U.S. delegation to Beijing has left China highly dissatisfied. The group included U.S. Treasury Secretary Steve Mnuchin and Americas toughest China critics, including Commerce...

Venezuelans are boycotting their presidential election

By Marco Aponte-Moreno

Venezuelas May 20 presidential election may be an election in name only. Nicolás Maduro is widely expected to be reelected as Venezuelas president despite his 20 percent approval rating and profound mismanagement...

Hope and fear surround emerging technologies, but all of us must contribute to stronger governance

By Aleksandar Subic Et Al

Its been a big year for companies pushing the boundaries of technology and not in a good way. The Cambridge Analytica scandal led to a public outcry about privacy, the Commonwealth Banks loss of customer data raised...

We asked people if they would trust driverless cars

By Giselle Rampersad

Were promised a future with driverless cars on our roads, but do people really trust the technology to take us safely on journeys? New research, published this month in the Journal of Engineering and Technology...

Learning from Bertrand Russell in today's tumultuous world

By Vivian Marie Lewis

They come from all over the world to see, touch and read the originals of tens of thousands of letters, to study boxes of drafts and revisions of his ideas and mathematical equations, to understand his complex personal...

Countries must compete for migrant workers to boost their economies

By Melissa Tandiwe Myambo

Politicians and the media expend inordinate amounts of energy debating migration, often using nativist, populist and xenophobic rhetoric. This is despite the fact that, as of 2017, only three out of every 100 people a...

Ebola outbreak in DRC: are we better prepared this time?

By Connor Bamford

Two cases of Ebola virus disease have been confirmed in the Democratic Republic of the Congo (DRC), just one year after the country declared its last outbreak to be over. The outbreak is in the market town of Bikoro in...

Profile: Avigdor Lieberman, Israel's hardline defence minister

By Yaniv Voller

One of the most divisive figures in Israeli politics, Avigdor Lieberman, has been his countrys defence minister since May 2016. Despite his publicly acrimonious relationship with the prime minister, Benjamin Netanyahu,...

How the US withdrawal from the Iran nuclear deal will effect Iran's economy

By Negar Habibi

Donald Trumps decision to unilaterally pull the US out of the Iran nuclear deal doesnt just have important political and security implications. Because sanctions are at the heart of the deal, it will also have a...

Smart windows could combine solar panels and TVs too

By Kerry Rippy

Imagine standing in front of a wall of windows, surveying the view. You hear someone enter the room behind you. You turn. Welcome, you say. Here is the video I wanted to show you. At the press of a button, the view...

Americans are more anxious than before

By Jacek Debiec

Americans are becoming more anxious about their safety, health, finances, politics and relationships, a new online poll from the American Psychiatric Association finds. Compared to the results of a similar poll a year...

Your shampoo, hair spray and skin lotion may be polluting the air

By Matthew Coggon

Millions of Americans apply personal care products every morning before heading to work or school. But these products dont stick to our bodies permanently. Over the course of the day, compounds in deodorants, lotions, hair...

Refugees can actually create jobs for locals in growing cities – if given the chance

By Aisling O'Loghlen

The term refugee conjures up certain images; bedraggled, desperate people hauling themselves onto lifeboats in the Mediterranean; or a vast sea of white tents complete with blue UN logo on the moon-like surface of some...

How Big Oil distorts climate change reality with tweaks in language

By Sylvia Jaworska

Almost every climate scientist agrees human-caused climate change is a major global threat. Yet, despite efforts over the past 30 years to do something about it, emissions keep increasing. Any successful coordinated...

Schizophrenia affects your body, not just your brain – new study

By Toby Pillinger

Schizophrenia is considered a disorder of the mind, influencing the way a person thinks, feels and behaves. But our latest research shows that organs, other than the brain, also change at the onset of the...

Why we need to figure out a theory of consciousness

By Adam Barrett

Understanding the biology behind consciousness (or self-awareness) is considered by some to be the final frontier of science. And over the last decade, a fledgling community of consciousness scientists have gathered some...

Osteopathy can be used to treat mental health related to back pain – new study

By Darren J. Edwards

Millions worldwide suffer from chronic musculoskeletal back pain (lasting more than three months). The problem is so big that in the UK alone, it is estimated that 116m days of work are lost, a million hospital...

Six points to consider before starting or investing in an ICO

By Gabriele Giancola

1. Build a good team Surround yourself with an awesome team! Think technology experts, marketers and investors. Having experienced and relevant industry professionals working behind the scenes will add credibility to...

How inflation in China and the US could affect Australia

By Richard Holden

This week: How the economies of China and the United States will affect what happens in our own. Business conditions in Australia have been strong enough to see a surge in company tax revenue that led Treasurer...

Private lab tests in Uganda are costly. But price doesn't equal quality

By Timothy Amukele

Laboratory tests are the backbone of clinical care. They are used to screen patients, to diagnose diseases and to manage conditions ranging from anaemia and diabetes to HIV and malaria. Considerable effort has gone into...

Fancy gyms aren't always best – here's why

By Ewa M Roos

If you want to get stronger and feel better after exercising which is important because it encourages you to keep exercising you dont need a fancy gym, our recent study shows. Earlier studies have shown that a...

Why graduation rates lag for low-income college students

By Nathan Favero

As college students nationwide prepare for graduation, a new analysis has shown that just under half of all those who receive Pell Grants the federal governments main form of direct financial aid for low-income students ...

Cryptojacking spreads across the web

By Richard Enbody Et Al

Right now, your computer might be using its memory and processor power and your electricity to generate money for someone else, without you ever knowing. Its called cryptojacking, and it is an offshoot of the rising...

Australia pitches tax ‘relief’ in election-focused budget

By Michelle Grattan

Treasurer Scott Morrison has unveiled an income tax plan that will cost $140 billion over a decade and initially deliver tax relief up to $530 a year for 4.4 million people earning between $48,000 and $90,000. The...

What is full employment? An economist explains the latest jobs data

By Jay L. Zagorsky

The latest jobs report has gotten a lot of analysts, policymakers and talking heads once again asking whether the U.S. is at full employment. The Bureau of Labor Statistics reported on May 4 that the U.S. unemployment...

South Africa's print media is failing to empower citizens on corruption

By Vanessa Malila

The mainstream media can play an important role in fighting corruption. Investigative journalists in South Africa, for instance, helped to expose how the politically connected Gupta family captured elements of the...

Tesla's problem: overestimating automation, underestimating humans

By Dario Floreano Et Al

Tesla was hoping to produce 5,000 new Model 3 electric cars each week in 2018. So far, it has failed to manufacture even half that number. Questioned on the matter, the companys CEO, Elon Musk, claimed that excessive...

I watched an entire Flat Earth Convention for my research – here's what I learnt

By Harry T Dyer

Speakers recently flew in from around (or perhaps, across?) the earth for a three-day event held in Birmingham: the UKs first ever public Flat Earth Convention. It was well attended, and wasnt just three days of speeches...

How tech can bring dignity to refugees in humanitarian crises

By Marian Gatzweiler Et Al

The term refugee camp is often misleading. Many of the facilities housing some of the worlds 65m people fleeing war and disasters resemble small cities rather than comfortable campgrounds. With tents and caravans crammed...

The elusive foolproof theory of the origin of language

By Ignatius Tri Endarto

If there is one most distinguishing feature that makes us human, it would be our ability to enunciate words, aka language. Through language, we convey our feelings and thoughts as well as influence others. Language is a...

High-dose vitamin D could be a game changer in treating severe malnutrition

By Adrian Martineau

High-dose vitamin D supplements improve weight gain and help with the development of language and motor skills in severely malnourished children, our latest study has found. Severe acute malnutrition is the most extreme...

DNA facial prediction could make protecting your privacy more difficult

By James Hereward Et Al

Technologies for amplifying, sequencing and matching DNA have created new opportunities in genomic science. In this series When DNA Talks we look at the ethical and social implications. Everywhere we go we leave...

Buying pot in Ontario in 2018 will be like buying booze in 1928

By Michael J. Armstrong

The legalization of cannabis in Canada is just on the horizon. Canadian provinces are taking different approaches to how it will be sold to the public. The Ontario Cannabis Retail Corporation (OCRC) grabbed attention in...

Why do we stay on Facebook? It's complicated

By Kathryn Jezer-Morton

Lately I cant log onto Facebook without being asked to consider my own motivations for using the site. As a researcher who focuses on online communities, Im accustomed to this running meta-narrative about what it is Im...

Self-efficacy, desirability, feasibility… key concepts for entrepreneurship

By Marie-Josée Bernard

During the 1970s and 1980s, the American psychologist Albert Bandura helped establish the principles of social cognitive theory. His theory places the individual at the heart of the interactions between cognitive,...

Technology is better than ever – but thousands of Americans still die in car crashes every year

By Alva O. Ferdinand

Today, driving is arguably safer than ever been before. Modern vehicles now boast a number of safety features, including blind spot monitoring, driver alertness detection systems and emergency braking. Additionally,...

Black swans and other deviations: like evolution, all scientific theories are a work in progress

By Paul Braterman

Discussions about the nature of science and scientific theories are often confused by the outdated view that such theories are rendered false when anomalies arise. The notion of a scientific theory as a static object...

Tariffs are the wrong weapon in fight against China's 'pirates' – here's the right one

By Eric Priest Et Al

The Trump administrations face-off against China over intellectual property rights is a battle worth fighting. Unfortunately, the White House has chosen the wrong weapon: tariffs. The administration launched the first...

Why kickstarting small business exports could boost stagnant wages

By Giovanni Di Lieto Et Al

Prioritising exports by small and medium businesses would boost wages, according to our work for an ongoing parliamentary inquiry. Smaller Australian businesses have disproportionately low levels of exports. This is...

Navigating the AI maze is a challenge for governments

By Joshua Gans

New developments in artificial intelligence are proceeding apace. As an economist who has researched the AI revolution, I see 2018 as similar to 1995 when the commercial internet was born. The technology is advancing...

The US overtakes Hong Kong to rank first among world's most competitive economies

The US has leapfrogged Singapore and Hong Kong to top IMDs latest World Competitiveness Rankings. The top five most competitive economies in the world remain the same since 2016, but their order has changed. With the US at...

Global Geopolitical Series: Iran unveils demands to stay in JCPoA

05:39 AM| Commentary

As the U.S. Secretary of the State Mike Pompeo revealed a list of demands that Iran would have to fulfill in order to make an agreement with the United States earlier this week, Iranian supreme leader Ali Khamenei has...

JGBs gain towards end of trading week; falling U.S. 10-year yields cushion debt prices

05:19 AM| Commentary Economy

Japanese government bonds gained as we approach towards the end of the week on Thursday, following a massive decline sparked off in the United States 10-year yields, post minutes of the FOMCs May monetary policy meeting,...

FxWirePro: Asian markets mixed, gold stabilizes above $1,290 mark

04:22 AM| Commentary

All the major Asian indices were trading on a mixed note on Thursday. Gold was trading around $1,295 mark while silver was trading around $16.43 marks. Japans Nikkei was trading 1.22 pct lower at 22,412.55...

Australian bonds continue to rally tracking upward pressure in U.S. Treasuries

03:58 AM| Commentary Economy

Australian government bonds ralliedon Thursdaytracking firmness in the U.S. Treasuries as investors risk sentiments weighed down by renewed geopolitical caution towards US negotiations with North Korea and China. The...

Euro area flash consumer confidence index falls slightly in May

21:27 PM| Commentary

The flash euro area consumer confidence index dropped slightly and missed expectations, but it remained highly elevated by historical standards in May. This implies that household consumption might continue to be on a...

U.K. CBI Distributive Trades survey rises in May, pressures in retail sector likely to persist

21:20 PM| Commentary

The U.K. CBI Distributive Trades survey implied that the retail sector recorded some relief in the middle of the second quarter following a few particularly challenging months when stories about store closures dominated...

U.S. Architecture Billings Index rises in April, non-residential construction to see solid momentum

19:55 PM| Commentary

The U.S. Architecture Billings Index rose in April. The index expanded by 1 point to 52 in April from Marchs 51. Given the month-to-month volatility, not too much should be interpreted into a single gain or loss, noted...

Bank of Korea likely to keep policy rate on hold, inflation to stay stable in coming months

19:42 PM| Commentary

The Bank of Korea is set to meet for its policy rate decision tomorrow. According to a Scotiabank research report, the central bank is expected to keep its policy rate on hold at 1.50 percent given the countrys benign...

Australia’s headline construction rises below expectations in Q1

16:51 PM| Commentary Economy

Australias headline construction figure for the first quarter came in below expectations; however, the details of the report were strong. Construction rose 0.2 percent sequentially in the March quarter, with a mix of...

U.S. new home sales miss consensus estimates, suggest a soft start to Q2

16:36 PM| Commentary Economy

The United States new home sales fell by 1.5 percent m/m in April, to 662k. This was below the consensus estimates of 680k, although the m/m rate of decline was in line with what Barclays Research had forecast. The miss...

Asia-Pacific’s macroeconomic environment remains intact, albeit at the cost of trade and capital risks: S&P Ratings

16:27 PM| Commentary Economy

The favorable macroeconomic environment in Asia-Pacific remains intact, although risks relating to capital flows and trade have increased, according to the latest report titled APAC Economic Snapshots--May 2018, published...

U.S. Treasuries spurge on safe-haven demand following massive sell-off in Turkish Lira

15:27 PM| Commentary Economy

The U.S. Treasuries jumped during North American session Wednesday as investors crowded into safe-haven assets, following a massive sell-off in the Turkish Lira. Also, the 5-year note auction, scheduled to be held today by...

Top Stories

Data mining: why the EU's proposed copyright measures get it wrong

07:47 AM| Insights & Views Law

Data that is mined with the help of machine learning techniques has been a rapid area of technological advancement with good and bad consequences for everyone. And EU copyright law is currently caught in the...

Android P Beta: Is It Worth the Try?

07:45 AM| Technology

The upcoming major version Android P has been announced for some months now and is already available for beta testing on several devices. However, people might be hesitant to install it given its incomplete state at the...

How Britain can avoid a post-Brexit race to the bottom in labour standards

07:49 AM| Insights & Views

There is a risk that Brexit could erode workers wages and conditions, particularly if the British government deregulates employment laws and undercuts European Union standards, as various ministers have suggested. These...

Does cannabis cure cancer? We asked an expert

By David Robert Grimes - 07:53 AM| Insights & Views Health

For thousands of years people have used cannabis for recreational, ritualistic and medicinal purposes. In the modern era, the latter property excites a lot of people, and there is no shortage of wild claims about the...

Initial Coin Offering Series

US SEC continues to direct ICOs on compliance

07:00 AM| Fintech Digital Currency Research & Analysis Insights & Views

More than $8.8 billion worth of capital has been raised via Initial Coin Offerings (ICOs) since 2016. Fresh entrepreneurs across the globe are looking into how they can get involved in this new fundraising programme. You...

Tinder Announces 'Places' Feature For More Refined Location-Based Matches

07:45 AM| Technology

Developers of the dating app Tinder is improving the way they match users with the launch of a new service called Places. According to reports, Tinder Places goes live this week through a public beta. However, the...

Blockchain Revolution Series

IBM to add 1,800 AI, blockchain and IoT jobs in France within next two years

06:03 AM| Digital Currency

IBM, one of the companies spearheading blockchain revolution, has announced a number of emerging-tech initiatives in France that will create 1,800 jobs in the next two years. IBMs Chairman, President and CEO Ginni...

Wall Street regulations need a facelift, not a minor Dodd-Frank makeover

By Karen Kunz Et Al - 21:43 PM| Insights & Views Law

Republicans finally managed to roll back some of the Wall Street regulations passed by Congress in the wake of the 2008 financial crisis after years of trying. While it wasnt a full repeal as some had hoped, its the...

BTC/USD slumps to 1-1/2 month low on massive sell-off after suspension of withdrawals from OKEx

15:00 PM| Commentary Digital Currency Insights & Views

The price of bitcoin, the worlds largest cryptocurrency in terms of market cap, slumped to its lowest since mid-April, as investors engaged in massive sell-off since the start of this week, following the suspension of...

FxWirePro: Snippets of Bullion market trades

13:29 PM| Research & Analysis Insights & Views

In this write-up, we emphasize on stay long Dec18 CME gold and stay long Dec18 CME silver Gold: At the end of April, the dollar definitively broke out of a narrow range established since mid-January. The move higher in...

Digital Currency Revolution

Crypto investment app Circle Invest rolls out new feature

12:00 PM| Digital Currency

Circle Invest, Circles cryptocurrency investing product, has rolled out a new feature that will make it easier for the users to invest in all the assets supported on the platform. The Buy the Market feature will allow...

NEM recent technological improvement might skyrocket their prices to $2

10:20 AM| Digital Currency

NEM (XEM) was performing well in the 2017 and it has jumped almost more than 1000% form low of $0.15 till $2.06 (Jan 4th 2018 high). XEMUSD started to decline sharply from year high till $0.2068. NEM has been best...

Econotimes Series

Economy

FxWirePro: President Trump’s announcement on further tax cuts likely to support S&P500

Speaking earlier this week, President Trump dropped a hint that more tax cuts in coming. According to him, his administration will be unveiling more tax cuts proposal sometime prior to November and it would be something...

U.S. Treasuries nearly flat ahead of few FOMC speeches; May meeting minutes keep yields under pressure

The U.S. Treasuries remained nearly flat Thursday in a muted trading session that witnessed data of little economic significance. However, the hawkish FOMC May meeting minutes kept yields under control, skewed to the...

UK gilts slump after April retail sales surpass market expectations; investors eye BoE Governor Carney’s speech

The UK gilts slumped Tuesday after the countrys retail sales for the month of April beat market expectations as well as rebounding from the last release in March. Investors will now be focussing on the Bank of England...

German bunds suffer after Q1 GDP remains unchanged; eyes on ECB’s account of monetary policy meeting

The German bunds suffered during European session Thursday after the countrys gross domestic product (GDP) for the first quarter of this year, released early today, remained unchanged. Investors will now be focusing on the...

New Zealand’s April trade surplus remains stronger than market expectations; NZD/USD trades tad higher

New Zealands April trade surplus of NZD263 million was stronger than expected with broad-based strength across most sectors.By market, the Great China region was again influential, but there remains broader based support...

Politics

The first terrorist act in Indonesian prison: the triggers and how to prevent them

Indonesia witnessed another terrorist act last week. But, this time, it occurred in a maximum-security detention centre located at the polices Mobile Brigade headquarters in Depok, West Java. More than 150 terrorist...

Would America vote for Oprah for president?

America has had a black president. Is the country ready for a black president who is also a woman? Speculation about the candidacy of Oprah Winfrey makes clear that some voters think so. Granted, Winfrey says she...

Lawyers keep secrets locked up – so they get asked to do the dirty work

Lawyers seem to at the center of lot of scandals lately. President Donald Trumps personal lawyer, Michael Cohen, whose office and hotel were raided by the FBI, is only the latest example. Harvey Weinsteins law firm...

Rise of cryptocurrencies could curb American power

There has been a lot of talk in foreign policy circles of the coming post-American world in which the international system will transition from a unipolar to a multipolar system. But, as we currently stand, the US remains...

Debate: On secularism in the 21st century

In January 2018 the French commemorated the Charlie Hebdo attacks that occurred three years earlier. The expression of American solidarity then toward the victims in France was quick and unwavering just as it was in the...

Science

Scientists Just Found A Black Hole That Is Eating Everything In Its Path

Black holes are some of the most terrifying subjects in the realm of science. Not only do they offer a glimpse into the raw power that is present in the universe, they also invoke undefinable terror in those who imagine...

Salt Could Prevent Hearing Loss After An Explosion

In movies, whenever a bomb goes off or an explosion occurs, there is that iconic moment where sounds are muffled and there is a high-pitched ring that pervades the whole scene. While films can go over-the-top with regards...

Scientists Want To Make Dogs Live Longer

Dogs are some of the most endearing creatures on the planet and one of the most tragic things about them is their short lives, at least when compared to humans. Depending on the breed, they can live from 7 to 15 years, on...

700,000-Year-Old Find Proves Early Humans Settled The Philippines Longer Than Previously Thought

Archeologists recently made a monumental discovery in the Philippines that pushes back the earliest period of human settlement in the region that was previously thought by over 600,000 years. Rhino bones and tools that...

States Sue EPA Over Rollbacks Of Environmental Protection Regulations

The Trump administration might not believe in climate change and could not care less about the environment, but the rest of the US does. This is why 18 states so far are now suing the Environmental Protection Agency for...

Technology

Report: Apple Settles With Volkswagen For Electric Self-Driving Cars Project

While Apple stays mum about their plans in producing electric self-driving vehicles, there have been several reports indicating that the Cupertino-based tech giant is not abandoning its efforts on this field. Most...

Scary Malware 'VPNFilter' Infects Over 500,000 Routers Worldwide

A new and scary malware, now dubbed as VPNFilter, has been recently discovered and has infected more than 500,000 routers in at least 50 countries around the world. Ciscos Talos Intelligence Group had been investigating...

The Pros and Cons of Blockchain in the Energy Industry

Since its introduction to the mainstream market, Blockchain has disrupted a lot of sectors. From financial, insurance, and shipping industry to government agencies and even the cattle market, the technology has varying...

'Battlefield V' Developers Confirm There Will Be No Loot Boxes

Developers of the upcoming first-person shooter video game Battlefield V confirmed they are not going to release in-game loot boxes. The announcement and big reveal of Battlefield V is one of the most talked-about...

Blockchain Can Ease the Process of Immigration: Tim Draper

Prominent investor Tim Draper has predicted that Bitcoins impact on humanity will surpass staggering milestones in the past such as the Iron Age, Renaissance, and the Industrial Revolution. In a recent statement, he said...
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May 24 15:00 UTC Released

USKC Fed Manufacturing

Actual

41 Mln

Forecast

Previous

33 Mln

May 24 15:00 UTC Released

USKC Fed Composite Index

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29 Bln USD

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26 Bln USD

January 31 00:00 UTC 163913163913m

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2016 bln ARS

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 175733175733m

ARTrade Balance

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-1541 %

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2016 bln ARS

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January 22 19:00 UTC 175733175733m

ARTrade Balance

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-1541 %

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2016 bln ARS

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Bln AR bln ARS

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Bln AR bln ARS

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2016 bln ARS

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Bln AR bln ARS

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