Kenneth Norman

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Davos 2014: Widening wealth gap 'biggest risk' in 2014

<b>The increasing gap between rich and poor is seen as the biggest risk to global stability, according to a survey by the World Economic Forum (WEF).</b><p>In its annual report it warned that income disparity is seen as the risk "most likely to to cause serious damage globally in the coming decade".<p>The …

Average 30-year mortgage rate drops to 4.41%

WASHINGTON (AP) —Average U.S. rates for fixed mortgages declined this week, edging closer to historically low levels.<p>Mortgage buyer Freddie Mac said Thursday that the average for the 30-year loan fell to 4.41% from 4.51% last week. The average for the 15-year loan eased to 3.45% from 3.56%.<p>Mortgage …

Beef at a crossroads as prices rise, supply dwindles

Beef has never been more expensive, and rarely more controversial. From top-end T-bone to Big Mac, the future of the beef industry is at stake.<p>The most obvious expression of this is its price. Cattle futures in the U.S. scaled all-time highs in 2013, and are predicted to peak at a record $1.405 in …

Celebrity stories of 2013 that made us cringe

Mars One narrows applicant pool to 1,058 in first cut for 2025 colonization mission

Mars One, the organization attempting to send small teams of astronauts on a one-way trip to Mars, has made its first round of applicant decisions, selecting just over 1,000 people to move on to the next stage of what it hopes will be a decade-long, televised training and colonization mission. …

The Chinese village with the secret to long life

Her T-shirted charges trailing behind her, the young guide swept into Huang Puxin's home and flicked her tour flag towards the centenarian, who was waiting on the sofa beneath a giant bas-relief inscribed with the word "longevity". "The old man is 113," she mumbled into her headset, turning …