Dixon Lim

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5 Daily Habits of the Brightest and Happiest People

It comes down to what you can and cannot control.<p>Every day we are faced with decisions that are out of our control. Next time you miss that important appointment because the Uber driver got lost, or your grumpy boss is throwing a hissy-fit, remember to chalk it up to chance. You're not …

Big utilities enter market for small rooftop solar

ALBUQUERQUE, N.M. (AP) — Traditional power companies are getting into small-scale solar energy and competing for space on your rooftop.<p>The emerging …

Solar Power

Office workers 'too sedentary'

<b>Office workers need to get off their backsides and move around more, according to a new campaign.</b><p>On Your Feet Britain says sitting for long periods at work is linked to a host of health problems, which are not undone by working out in the gym.<p>It is calling on people to stand regularly, walk around …

Diabetes

The middle class is getting smaller

The middle class is on the decline in every state ... in size, anyway.<p>The percentage of households considered middle classshrunk nationwide between 2000 and 2013, a state-by-state analysis by Pew Charitable Trusts' Stateline news site found.<p>Wisconsin had the biggest loss, with the share of middle …

Rapid blood test to 'cut antibiotic use'

<b>A new blood test can help doctors tease out whether an infection is caused by a virus or bacteria within two hours, research in Plos One suggests.</b><p>It could stop patients being given antibiotics when they are not needed, scientists say.<p>It is still at a laboratory stage but the team is working on a …

Medicine

What an interest rate increase means for real people

Many Americans don't pay much attention to what Federal Reserve Chair Janet Yellen and "the Fed" do, but that could change very soon.<p>In June, the Fed could do something it hasn't done since Barack Obama was a U.S. senator: raise interest rates.<p>Don't hit the snooze button. An interest rate hike will …

A man and his wallet, reunited after 65 years

<b>A man is being reunited with his wallet, 65 years after he dropped it down the back of a medieval bookcase at Lambeth Palace, writes Newsnight's James Clayton.</b><p>Most of us have lost our wallet at some stage in our lives. But few would imagine having it returned after a nearly seven-decade gap.<p>Edward …

North London

UK support for China-backed Asia bank prompts US concern

<b>The US has expressed concern over the UK's bid to become a founding member of a Chinese-backed development bank.</b><p>The UK is the first big Western economy to apply for membership of the Asian Infrastructure Investment Bank (AIIB).<p>The US has raised questions over the bank's commitment to international …

China

A world of pain

ONLY pop music and pornography embraced globalisation more keenly than banks did. Since the 1990s three kinds of international firm have emerged. …

The new nuclear age

WITHIN the next few weeks, after years of stalling and evasion, Iran may at last agree to curb its nuclear programme. In exchange for relief from …

Greece demands Nazi war reparations and German assets seizures as creditor squeeze continues

Prime Minister Alexis Tsipras revives claims for compensation in return for the crimes carried out by the Third Reich<p>Greece's prime minister has demanded Germany pay back more than €160bn (£112bn) in Second World War reparations as his country is <b>squeezed by creditors</b> to overhaul its economy in …

Scientists might have just come up with a cure for aging

A new class of drugs has been identified that slow the ageing process in mice, alleviating symptoms of frailty and extending a healthy lifespan.<p>If …

World Oil Production On The Rise

World oil production is on the rise, going from 87.8 million barrels a day in 2011 to 97.6 million a day in 2020. However, OPEC's share of the world's oil production is not going down. At least not by much. In 2011 it was 41%. Thanks to North America, OPEC's share will decline by a full percentage …

China's big chess move against the U.S.: Latin America

China is making friends right under America's nose.<p>Latin America is China's latest business buddy. Chinese banks increased investments in Latin America by 71% last year, and the country plans to double its trade volume with the Central and South American region over the next decade.<p>This comes as …

Feeling down

FALLING prices sound like something to cheer. In 1950 talk was not cheap. It cost $3.70 to place a five-minute call between New York and San …

The next debt ceiling crackup

Remember the debt ceiling? Yeah, that -- nothing but political trouble. Congress will need to deal with it againthis year.<p>The question is when exactly.<p>It had been thought that Congress would need to raise or suspend the debt ceiling by summer.<p>But federal tax revenue has ticked up recently -- and …

Janet Yellen: Too many Americans aren't making it

America's economy got a gut check Wednesday in about one sentence from Federal Reserve Chair Janet Yellen.<p>"We have seen a significant increase in the share of the pie, or GDP, that accrues to capital as opposed to labor," Yellen said before Congress.<p>Translation: Corporate America is gaining a lot …

25% of physical gold buyers are crazy, metals executive says

A lot of people who buy bits of physical gold aren't looking to make a bracelet or ring. They buy gold because they believe disaster is imminent.<p>These investors are convinced gold will spike to $10,000 an ounce (it's currently around $1,225) when the U.S. government implodes, said Peter Hug, an …

Caterpillar CEO: China's slowdown is a good thing

China's economy is hiccuping. It's causing serious stress for many American executives who relied on China as a key market to expand their business.<p>Growth in the world's second-largest economy decelerated to 7.4% in 2014, the coolest pace in 24 years. That slowdown has caused ripple effects around …

Lloyd Blankfein: 'There's no place for pure, unregulated capitalism'

Communist China is on pace to overtake the U.S. as the biggest economy on the planet.<p>China's economy may be slowing down from its breakneck pace of recent decades, but it's still running far ahead of free markets like the U.S.<p>So does China's rapid growth call into question the hands-down success of …

Workers at nation's largest oil refinery join growing strike

Workers at the nation's largest oil refinery have joined a strike that now includes more than 6,500 workers.<p>The United Steelworkers union says the nation's oil producers aren't taking seriously the safety concerns of its 30,000 members.<p>The oil industry says it shares the union's commitment to …

Cheap oil is crushing North Sea industry

Cheap oil and rising production costs are killing the North Sea energy industry.<p>Oil and gas drilling companies lost £5.3 billion on their North Sea operations in 2014, the worst losses in four decades, according to a new report.<p>The annual survey conducted by Oil & Gas UK, which represents Britain's …

Saudis won't back emergency OPEC meeting

Saudi Arabia won't agree to hold an emergency OPEC meeting despite the pain being felt by other members of the cartel, several OPEC sources said Tuesday.<p>OPEC isn't scheduled to meet again until June, but Nigeria's oil minister Diezani Alison-Madueke told the <i>Financial Times</i> Monday it was "highly …

Putin’s war on the West

HE IS ridiculed for his mendacity and ostracised by his peers. He presides over a free-falling currency and a rapidly shrinking economy. …

7 reasons Grexit wouldn't be a total disaster

The word Grexit has once again entered the financial vocabulary, after talks on Greece's future within the eurozone collapsed on Monday.<p>But somehow, the word -- shorthand for Greece's exit from the eurozone -- is not freaking out global markets as much as it once did.<p>Here is why a Grexit, while …

Oil trades atop $52-a-barrel as some bet prices have bottomed out

Crude-oil futures pushed higher Monday, with some investors continuing to bet that oil prices have bottomed out.<p>U.S. light, sweet crude futures for …

Oil

Neuroscience Treatments To Watch

This article is a companion piece to Brain Boom: The Drug Companies Bringing Neuroscience Back From The Brink. Breakthroughs in genetics and sheer stubbornness on the part of drug developers could soon lead to new drugs for intractable brain diseases. Here’s a look at what’s happening in five …

World Oil Production On The Rise

World oil production is on the rise, going from 87.8 million barrels a day in 2011 to 97.6 million a day in 2020. However, OPEC's share of the world's oil production is not going down. At least not by much. In 2011 it was 41%. Thanks to North America, OPEC's share will decline by a full percentage …

Is the oil crash over?

Oil prices have rebounded by $16 a barrel since the low point was reached at $45 a month ago, and investors are already wondering whether the worst …

Here's what to really fear about the stock market

Six years into the bull market in stocks and there's no shortage of scary things on investors' worry list.<p>From Vladimir Putin and Greece to the dramatic plunge in oil prices, something is bound to trip up the stock market, right? After all, the good times on Wall Street can't last forever.<p>But the …