Financial Markets and Economy
There's about to be huge upheaval in the financial world (Business Insider)
The UK has voted to leave the EU, and there is much still to be resolved.
Draghi Seen as Cure for Brexit Blues in Corporate-Bond Market (Bloomberg)
Investors are speculating that Brexit instability will cause theEuropean Central Bank to speed up corporate-bond purchases that began three weeks ago.
Markets Steadier After Brexit Rout (Wall Street Journal)
Financial markets showed signs of stabilizing Tuesday following sharp declines in the British pound and global equities after the U.K. voted to leave the European Union last week.
Would a Work-Free World Be So Bad? (The Atlantic)
People have speculated for centuries about a future without work, and today is no different, with academics, writers, and activists once again warning that technology is replacing human workers. Some imagine that the coming work-free world will be defined by inequality: A few wealthy people will own all the capital, and the masses will struggle in an impoverished wasteland.
European stocks are rebounding from last week's horrible crash (Business Insider)
Stocks across Europe are rebounding on Tuesday, bouncing back from the horrible crash witnessed over the last two days of trading since Britain voted to leave the European Union at the end of last week.
Investor Discontent Rises at Japanese Shipping Lines Amid Losses (Bloomberg)
As Japan’s shipping lines struggle with losses, the chief executives of companies are facing rough seas with fewer shareholders wanting them at the helm.
The worst of the pound's post-Brexit crash may be over (Business Insider)
It has been a chaotic few days in the currency markets, and the British pound has been taking the brunt of the pain.
U.S. Stock Futures Rise as Stimulus Hopes Outweigh Brexit Fears (Bloomberg)
U.S. equity futures climbed, signaling the S&P 500 Index may advance for the first time since the Brexit vote, as optimism grew that policy makers will move to support financial markets.
Banks Get Reprieve From Brexit Hammering (Wall Street Journal)
U. K. and European bank shares rebounded Tuesday as the pound gained ground and markets took a pause after two days of heavy selling.
Barclays PLC and Lloyds Banking Group PLC were both up around 6% despite two credit-rating downgrades Monday night for the United Kingdom.
A beginner's guide to being a rabble-rousing, corporate-raiding, CEO's-worst-nightmare hedge fund manager (Business Insider)
Imagine walking into a boardroom, introducing yourself to the chairman — perhaps opening with an insult or a threat to make things very uncomfortable for the entire board — and then saying "time to do things my way."
U.S.-Japan Gap on Markets Returns as Yen Imperils Abenomics (Bloomberg)
Japan’s top policy makers issued a welter of expressions of concern about market conditions Tuesday, hours after the U.S. Treasury chief said in his view there was a measure of "orderliness."
The worst of the pound's post-Brexit crash may be over (Business Insider)
It has been a chaotic few days in the currency markets, and the British pound has been taking the brunt of the pain.
Who Will Now Invest 100 Billion to Keep Britain's Lights On? (Bloomberg)
As if managing the Brexit crisis weren’t enough, the U.K. government also needs to find 100 billion pounds ($132 billion) to keep the lights on nationwide after 2020.
Gold’s popularity dulls in short term as Brexit ripples ease (Market Watch)
Gold futures traded lower Tuesday as haven investments lost appeal once post-Brexit volatility in riskier markets eased, but the precious metal remains near its highest price in some two years.
Gold had gained in back-to-back sessions in the wake of the U.K.’s historic and market-jarring decision to exit from the European Union. That vote, late last week, sent global stocks and select currencies tumbling, sending investors into the relatively lower-risk nature of gold, but stocks are called higher Tuesday.
What’s Your Risk Tolerance? Take the Brexit Test (Bloomberg)
By 2009 investors were fully aware of financial risk; whether they remain awake to its nature for another generation, as they did after the market collapse of 1929-1932, or for less than a year, as they did after 2002, remains to be seen.
Investors must adjust their portfolios now for a changing climate (Market Watch)
Scientists discussing climate change often talk about the impact of a warming planet over the next 100 years. For investors, however, winners and losers are already emerging as a result of “sea changes,” including actual rising sea levels and uncertain, shifting regulations.
Politics
Hillary Clinton's potential VP pick has a lot to do with the Democrats taking back the Senate (Business Insider)
As Hillary Clinton considers her choices for vice president, she's seriously weighing the potential negative impact her decision could have on Democratic efforts to retake control of the Senate, according to party members familiar with her thinking.
Technology
Doppler’s Earbuds Are Way More Than Just Wireless Headphones (Wired)
Doppler Labs, the company behind the straight-outta-science-fiction earbuds that let you control the volume of the world, has a new product out today. It’s called Here One, and you guessed it, it’s another set of wireless earbuds. But these aren’t just for tweaking the sound mix at a concert, or tuning out subway noise. Here One is all that, plus everything you’d expect from a standard set of wireless headphones, and then even more stuff on top of that.
Amazon's Alexa Now Lets Users Turn On New Skills By Voice Command (Fast Company)
Saying commands like "Alexa, enable Jeopardy" or "Alexa, enable SkyScanner" is enough. Before, users had to do it in the app.
Amazon has taken the natural step of allowing users to load up new "skills" in its personal assistant Alexa, via a voice command.
Health and Life Sciences
How liquid aspirin could kill brain tumours (BBC)
Researchers think that aspirin in its true liquid form could be a breakthrough treatment to help tackle brain tumours.
The tablet is already used to treat headaches and stop blood clots from forming. But new findings show it has been successful in eliminating diseased cells in brain tumours.
Delirium may raise risk of dying in nursing homes (Futurity)
A new analysis of the medical records of more than 5.5 million older adults admitted to nursing homes between 2011 and 2014 shows that those with delirium face an increased risk of death. They’re also more likely to be readmitted to the hospital.
Life on the Home Planet
This 21-Year-Old May Have Found The Way To Clean Up The Plastic In Our Oceans (Think Progress)
Boyan Slat was just 16 when he realized he wanted to rid the oceans of plastic. It all happened after he dove into the problem in the most literal way while snorkeling in Greece and finding more drifting plastic than fish swimming.
Helium discovery a 'game-changer' (BBC)
With world supplies running out, the find is a "game-changer", say geologists at Durham and Oxford universities.
Helium is used in hospitals in MRI scanners as well as in spacecraft, telescopes and radiation monitors.