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Sun, May 19, 2024 03:55 PM All times are UTC

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BoE to hike in Q2 2016?

Oct 28, 2015 04:45 am UTC| Commentary

As UK labour market continues to tighten and the underlying wage growth is trending up, the case for a hike is building and thus the BoE is expected to hike in Q1 16, probably February. Consensus among analysts has now...

US routine and middle-skill jobs likely suffered

Oct 28, 2015 04:42 am UTC| Commentary

Looking distinctly at occupations in the US labor market, as opposed to different industrial sectors or education levels, winds up being very helpful in terms of understanding how jobs are evolving over time, and...

US labor market gives hollow feeling to recovery

Oct 28, 2015 04:39 am UTC| Commentary Economy

Deep dissatisfaction with US labor market has been a hallmark of the current US economic recovery, as well as the previous ones since the 1990s. Despite significant improvement on a wide variety of other labor market...

Polarization helping to keep USD relatively lower

Oct 28, 2015 04:38 am UTC| Commentary

The continued low inflation outlook in United State, despite falling unemployment, suggests the risks are skewed toward a later hike than December. Polarization may be having a mixed effect on the USD despite its...

Strong GBP and Europe's week growth impacts UK's exports

Oct 28, 2015 04:34 am UTC| Commentary Economy

UKs private consumption is stimulated by a combination of low interest rates, very high consumer confidence, increasing house prices, high employment and positive real wage growth for the first time since 2009. Going...

Investors likely to be pressurised by not so great US economic data

Oct 28, 2015 04:31 am UTC| Commentary

US durable goods orders fell for the second month in a row, falling 1.3 percent in September, after a sharp drop of 3 percent in August. The strong dollar is indeed a drag on manufacturers doing business abroad....

Polarization may help explain U.S. soft wages

Oct 28, 2015 04:28 am UTC| Commentary Economy

In U.S., polarization may be breaking the usual links between standard measures of labor market capacity and inflation. A growing puzzle for markets and policymakers has been the apparent decline of the non-accelerating...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

Technology

AirTag With New Chip and Improved Tracking Due Next Year; No New Mac Studio, Pro Until Mid-2025: Mark Gurman

Apples upcoming AirTag, equipped with an upgraded chip and enhanced tracking, is expected to launch by mid-2025, as detailed by Bloombergs Mark Gurman. He also claimed that Apple will not update the Mac Studio and Mac Pro...

Shibarium Faces 97% Drop in Transactions, Yet Transfers Rise Steadily

While the Shiba Inu developer team continues to work on and implement key updates to the Layer-2 blockchain, Shibarium is seeing a significant drop in transaction volume, which has been ongoing for about a month. This...

High FDVs on Binance Listings Lead to Investor Losses, Analysis Reveals

An analysis of Binance listings over the past six months reveals that high fully diluted valuations often lead to token value loss, adversely affecting regular investors while benefiting insiders. VC-Backed Tokens on...

Tesla Offers Model 3 Demo Vehicles at Discounted Prices in U.S. and Canada

Tesla is offering demo Model 3 vehicles at a slight discount in the U.S. and Canada. These vehicles have low mileage and come with warranties, making them an attractive option for buyers looking for savings on Teslas...

Phantom Wallet Climbs Apple App Store Charts — Bullish Sign for Solana?

Phantom Wallet has climbed to third place in Apples app store utility category, sparking bullish sentiments for Solana among crypto experts and analysts. Phantom Wallet Ranks Third in Apple App Store, Sparking Bullish...