Kadri Nicholson

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Economists: 'The World Will Soon Be Awash With Oil'

So they're accelerating their forecasts and suggesting the world will "soon be awash with oil," cutting the per-barrel Brent Crude price to just $70 (£44.4) by the end of 2016, four years earlier than they previously anticipated.<p>Here's the basis of their bullish case:<p><b>Less risk from the Middle East.</b> …

Oil

10 Troubling Trends For The Global Economy

This year, the WEF got Nobel Prize winner and former US vice president Al Gore to explain the list, reprinted below:<p>French economist Thomas Piketty's 700-page book on inequality seems to have had an impact, with inequality leaping into first place from second last year.<p>The WEF reproduced a chart …

Reverse Innovation, the Developed World Wakes up to Mobile Money

Imagine a scenario where, from a simple mobile handset you could pay all your bills, transfer money to friends whether or not they have a bank …

Tribute to Oblique Lines in Modern Home Architecture: House W

Have a look at this original family dwelling recently reinvented by Studio Prototype and located in the Dutch town of Duiven. The project (entitled</b> …

It Took Just One Sentence From A Semiconductor CEO To Send Tech Stocks Into Free Fall

In an announcement on Thursday night, Microchip president and CEO Steve Sanghi sounded the alarm for the semiconductor industry with the above quote, and on Friday shares of Microchip and the whole sector are getting crushed.<p>In afternoon trade on Friday, Microchip shares were down 11%, while the …

Markets

Oil prices are plunging. Don't cheer yet

Crude oil tumbled below $84 a barrel on Friday for the first time since the 2012 Olympics in London.<p>If you have a car or truck, you're probably cheering the possibility of $3-a-gallon gas prices. But here's why you should also cringe.<p>Cheap oil prices are largely a reflection of some pretty scary …

Here Are 5 Things Traders Are Talking About Amid Today's Major Selloff

Markets are getting smoked on Thursday , with the Dow falling as much as 330 points at one point.<p>The sell off in stocks comes after Wednesday's huge rally, and the Dow is currently on pace for its third straight day of 200 point swings.<p>There is a lot going on out there today, but via Dave Lutz at …

Trading

This Woman's Revolutionary Idea Made Her A Billionaire — And Could Change Medicine

No more wondering to yourself, "Ah, how much more can they take before I pass out?"<p>Instead you might be able to walk into a Walgreens pharmacy for a reportedly painless fingerprick that will draw just a tiny drop of blood, thanks to Elizabeth Holmes, 30, the youngest woman and third-youngest …

Genetic Engineering

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These Tiny Keyboards Could Reinvent The Smartwatch Interface

Minuum is a smartphone keyboard developer that’s already thinking about the future of wearable interfaces. The startup recently showed off a …

10 Awesome Infographics to Guide Your Marketing Plan for 2014

Infographics seem to be getting more and more popular lately. They’re certainly fun to look at, and they convey useful information in a format that’s …

Goldman Sachs pays employees average of $383,000 after profits rise 5%

Goldman Sachs paid its bankers an average of $383,000 (£233,000) in 2013, after profits for the year rose by 5% to $8bn.<p>Putting a fresh focus on the debate over bankers' pay, Goldman's 32,900 global employees will be told the size of their individual bonuses on Thursday.<p>The bank set aside $2.19bn …

Room 11 – An Office Building Made Of Shipping Containers

Shipping containers have become very popular now that architects have found new and innovative ways in which to use them. We have seen many houses …

Rectangular Box House in Brasilia Revealing Inspiring Decorating Ideas

When planning the <b>Box House</b> in Brasilia, the architects at <b>1:1 arquitetura:design</b> mainly aimed for a “new way to occupy space and form”. The result is …

18 Brilliant Photo Manipulations by Erik Johansson

We first wrote about Erik Johansson, a Swedish photographer and retoucher, 4 years ago, when he was still a computer engineering student. Even back …