Hammad

107 Flips | 6 Magazines | 34 Likes | 2 Following | 2 Followers | @Hammad_Hussain | Keep up with Hammad on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Hammad”

I don’t know why this exists, but it looks beautiful

“Levitating _____” is a classic Kickstarter formula. There are levitating clocks, levitating tops, levitating turntables, levitating speakers, levitating incense holders, levitating light bulbs, and so many levitating plants. None of these are strictly useful, but all of them look amazing and …

The Dalton Highway: America's loneliest road – in pictures

Built as a supply route for the Trans-Alaska Pipeline, the Dalton Highway is one of America’s northernmost roads, and only opened for public use in 1981

Forests

Turkish inflation at 13-year high hits Erdogan boom

Turkish inflation has risen to new highs, driven by cheap credit. The news is a blow to the central bank’s goal of lowering borrowing costs and casts …

Steep Brazil yield curve shows early signs of election anxiety | Reuters

SAO PAULO (Reuters) - Despite record stock prices and a stable currency, a red warning light is flashing on the dashboard of Brazil’s financial markets.<p>FILE PHOTO: People look at an electronic board showing the graph of the recent fluctuations of market indices at the floor of Brazil's BM&F Bovespa …

Economics

McDonald’s Sheds Stores and Gains Customers With Budget Appeal

McDonald’s may be getting out of the business of running its own restaurants, but it’s getting better at using budget-friendly menu items to attract customers to its franchise stores.<p>Promotions including $1 beverages and the “McPick 2” value menu helped lift comparable store sales — or sales at …

McDonald's

Lebanese central bank says pound stable, adds to forex reserves | Reuters

BEIRUT (Reuters) - The Lebanese central bank has the foreign-currency reserves it needs to keep the pound stable against the U.S. dollar at its pegged rate for the foreseeable future, the central bank governor said on Tuesday.<p>Lebanon's Central Bank Governor Riad Salameh speaks during an interview …

Central Banks

Supersized Family Farms Are Gobbling Up American Agriculture

COLBY, Kan.—Lon Frahm may represent the future of farming. Inside a two-story office building overshadowed by 80-foot steel grain bins, he points to a map showing the patchwork of square and circular fields that make up his operation. It covers nearly 10% of the county’s cropland, and when he …

Farming

Go Ahead, Order That Cheesesteak

The taboo on fat is grounded more in puritanism than science, recent research suggests.<p>In the latest science shocker, researchers discovered that a number of people around the world are eating foods such as cheese, butter and full-fat yogurt without doing deadly harm to their bodies. This was …

A Better Way to Make Economic Forecasts

Try looking at what a country knows how to produce.<p>Economists are famously bad at predicting growth. A new technique might help them get a little better.<p>When assessing a country's potential to prosper, economists typically look at aggregate measures such as education, investment or national debt. …

Self-Driving Cars Bill in Senate Veers Into Tricky Truck Debate

Senate negotiators released draft legislation meant to spur the introduction of self-driving vehicles, while indicating they were undecided if their …

Autonomous Cars

Why a 24-Year-Old Chipmaker Is One of Tech’s Hot Prospects

SANTA CLARA, Calif. — Engineers at CTA.ai, an imaging-technology start-up in Poland, are trying to popularize a more comfortable alternative to the colonoscopy. To do so, they are using computer chips that are best known to video game fans.<p>The chips are made by the Silicon Valley company Nvidia. …

Artificial Intelligence

Inside Waymo's Secret World for Training Self-Driving Cars

An exclusive look at how Alphabet understands its most ambitious artificial intelligence project<p>In a corner of Alphabet’s campus, there is a team working on a piece of software that may be the key to self-driving cars. No journalist has ever seen it in action until now. They call it Carcraft, after …

This chart shows a major shift in the way Americans eat

Americans like to eat out. A lot.<p>In fact, the portion of food spending outside the home is estimated to have eclipsed the portion spent on food at home for the first time around 2014, according to data from the USDA.<p>The trend can be seen in this chart, which was shared by a Bank of America Merrill …

Investors cautious as Russia enters new ratings era | Reuters

MOSCOW (Reuters) - Russia began relying only on its own rating agencies to manage its domestic bond market on Friday after the world’s top three credit rating agencies quit that market, leaving investors pondering the credibility of the local agencies.<p>Russian rouble coins are seen in this picture …

Central Banks

Bosch says demand for driver assistance systems taking off | Reuters

FRANKFURT (Reuters) - German auto supplier Robert Bosch [ROBG.UL] has seen a surge in demand for radar systems and video sensors as automakers race to add driver assistance features and automated functions to cars.<p>FILE PHOTO: People read newspaper while sitting in a complete automatically driving …

Automotive Industry

South Korea June inflation eases, but stays near central bank target | Reuters

SEOUL (Reuters) - Consumer inflation in South Korea eased slightly in June as falling utility costs offset soaring fresh food prices, government data showed on Tuesday, with the overall price impulse suggesting a steady improvement in consumption and broad economic growth.<p>FILE PHOTO - People shop …

Economics

Cutting out the delivery man in British online retail trial | Reuters

LONDON (Reuters) - British milkmen could be a thing of the past in some areas if a trial of driverless grocery deliveries direct to your door by online retailer Ocado gets the green light.<p>It has used a self-driving vehicle with eight containers which can carry 128kg (282lb) of groceries to deliver …

Tomatoes

U.S. Auto Sales Fall as Fewer Vehicles Go to Rental Chains

GM, Ford and Fiat Chrysler moving away from practice of dumping unwanted inventory into rental lots<p>Auto sales continued to slide in June, as car buyers reacted to higher vehicle prices and Detroit backed away from dumping unwanted inventory into rental-car lots.<p>General Motors Co., Ford Motor Co. …

General Motors

Oil prices edge up on first drop in U.S. drilling in months

NEW YORK (Reuters) - Oil rose more than 2 percent on Monday, resuming its longest stretch of daily gains in more than five years after data pointed to diminished U.S. output, though analysts said news of rising OPEC production could cap gains.<p>An oil well pump jack is seen at an oil field supply …

Oil

Venezuela hikes minimum wage 50 percent, effectively down 17 percent | Reuters

CARACAS (Reuters) - Venezuela’s President Nicolas Maduro raised the country’s minimum wage by half on Sunday to just over $12.50 per month at the black market exchange rate.<p>FILE PHOTO: A woman walks by banners of Venezuelan bolivar notes displayed at the Venezuelan Central Bank building in Caracas, …

Venezuela

Aussie Dollar Defies the RBA's Five-Year Plan

Australian policy makers could be forgiven for reflecting on “the best laid plans of mice and men.”<p>For almost five years, Reserve Bank officials …

Why Apple and J.P. Morgan Are Chasing Venmo

Tech and finance firms forgo profits in push to keep PayPal-owned service from becoming ubiquitous<p>Venmo has become a verb among people who want to send money digitally to each other. What it hasn’t become is a huge moneymaker for parent PayPal Holdings Inc.<p>Historically, that hasn’t been much of a …

FinTech

Nigeria Sees 2017 Tax Amnesty Adding $1 Billion to Public Funds

The Nigerian government expects to raise more than $1 billion in a tax amnesty program that encourages individuals and companies to clear unpaid …

Air bag maker Takata bankruptcy expected Monday in Japan, US

Japanese air bag maker Takata Corp. filed for bankruptcy protection in Tokyo and the U.S. on Monday, saying it was the only way to ensure it could carry on supplying replacements for faulty air bag inflators linked to the deaths of at least 16 people.<p>Most of Takata's assets will be bought by rival …

Takata

MSCI Welcomes China, Delays Argentina

MSCI Inc. included Chinese A-shares in its benchmark indexes while delaying a decision to reclassify Argentina and putting Saudi Arabia on the …

Mary Meeker’s 2017 internet trends report: All the slides, plus analysis

The most anticipated slide deck of the year is here.<p>Kleiner Perkins Caufield & Byers partner Mary Meeker is delivering her annual rapid-fire internet trends report right now at <b>Code</b> <b>Conference</b> at the Terranea Resort in California.<p>Here’s a first look at the most highly anticipated slide deck in …

Best Buy Could Be a Big Winner in the Great Retail Shake-Up

The list of consumer electronics retailers is getting shorter. Regional chain <b>hhgregg</b> is liquidating its assets after filing for bankruptcy in March, and RadioShack, which went bankrupt more than two years ago and restructured its business, has filed for bankruptcy for a second time.<p><b>Best Buy</b> (NYSE: …

eCommerce

Falling Real Yields Are Key to Understanding Today's Markets

Negative rates are weighing on the dollar, helping push asset prices to record or near-record highs.<p>For all the talk about how the Federal Reserve has finally decided to pick up the pace of interest-rate increases, the fact is that real rates -- or those after taking into account inflation -- are …

Interest Rates