The U.K. economy grew at its fastest pace in six months in July, an unexpectedly strong performance that will allay fears Britain is facing a possible pre-Brexit recession.
U.K. Recession Threat Recedes as Economy Posts Solid July Growth
Author: Landmark.Financial
China Has Added Nearly 100 Tons of Gold to Its Reserves
China has added almost 100 tons of gold to its reserves since it resumed buying in December, with the consistent run of accumulation coming amid a rally in prices and the drag of the trade war with Washington.
This 3-D printed pen lets surgeons detect cancer in 10 seconds
A team of scientists and engineers from the University of Texas at Austin may have figured out a fast and accurate way to diagnose tumors using a pen-sized device.
The MasSpec Pen can detect cancer of the breast, thyroid, lung, ovaries and brain with 96.5 percent accuracy, based on an initial test of over 250 patient tissue samples, said Livia Eberlin, an assistant professor of chemistry and the study’s designer.
Elon Musk wants to link brains directly to machines
Elon musk, perhaps the world’s most famous entrepreneur, is sometimes referred to as “the Trump of technology”—not for political reasons, but because of his habit of making, at short notice, spectacular pronouncements that stretch the bounds of credibility. On July 16th he was at it again, unveiling a new type of brain-machine interface (bmi). If human beings do not enter a symbiosis with artificial intelligence (ai), he declared, they are sure to be left behind. And he, the announcement implied, was going to be the man who stopped that happening.
Police get facial recognition go ahead in world-first case
Facial recognition can be legally used by police forces in the UK, judges have ruled.
As the world’s first case against the controversial technology concluded, two leading judges dismissed the case brought by human rights campaign group Liberty on behalf of Ed Bridges, a Cardiff resident whose face was scanned by South Wales Police during a trial of facial recognition.
Lord Justice Haddon-Cave, sitting with Mr Justice Swift, concluded that South Wales Police’s use of live facial recognition “met the requirements of the Human Rights Act”.
Hong Kong’s Leader Scraps Extradition Bill That Sparked Historic Unrest
Hong Kong’s embattled leader, Carrie Lam, formally withdrew legislation to allow extraditions to China, a political retreat that may help ease — but not end — months of unrest in the Asian financial hub.
Gentlemen, Your Pants Are Too Cropped
WHEN I WORE an ankle-baring suit to the office, a colleague joked, “It looks like you’re wearing your little brother’s suit.”
I tried to laugh it off but to be honest, I was already self-conscious about strolling the cubicles in cropped pants in such a conservative midtown-Manhattan workplace. Although I didn’t get around to trying the trend until 2013, it can be traced back to New York designer Thom Browne’s signature look—shrunken suit jacket and highwater pants—which he introduced in 2001.
Norway’s $1 Trillion Wealth Fund Ends Bet on Higher Rates
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Norway’s $1 trillion wealth fund ended a long-running bet on higher interest rates as its massive bond portfolio was swamped by negative yields.
How boy band BTS went from South Korean idols to international superstars
Meet BTS, a seven-member South Korean boy band from Seoul.
The band has sold millions of albums and is one of the most-watched artists on YouTube. Not to mention their stadium shows around the globe have quickly sold out.
Here’s what new tariffs will cost the average American household
The average American household will be down $1,000 per year thanks to the newest round of tariffs on Chinese goods, according to J.P. Morgan.
The firm estimates the average annual tariff cost per household will increase from $600 from the first two rounds of tariffs. The new tariffs are scheduled to begin Sept. 1 and in mid-December.
Landmark Financial Seoul Korea Blog 