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Only a handful of US foundations quickly pitched in as the COVID-19 pandemic got underway, early data indicates

Only a handful of US foundations quickly pitched in as the COVID-19 pandemic got underway, early data indicates

Many U.S. foundations, which disbursed roughly US$76 billion in 2019, say they are giving more money away in the United States because of the COVID-19 pandemic and the health, economic and other crises it’s creating.…

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Oil Inventories Rose 2.396 Million Barrels Last Week: EIA By Investing.com

Oil Inventories Rose 2.396 Million Barrels Last Week: EIA By Investing.com

© Reuters. By Liz Moyer Investing.com — U.S. oil stockpiles rose slightly below expectations in the latest week, the Energy Information Administration said on Wednesday. increased 2.396 million barrels last week, compared with analysts’ expectations for…

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Why cash payments aren’t always the best tool to help poor people

Why cash payments aren’t always the best tool to help poor people

The concept is simple and seductive: Give people cash, lift them out of poverty. It’s a strategy increasingly being used in both lower- and higher-income countries to help poor people. International organizations such as the…

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Why is kids’ video game Roblox worth $38 billion and what do parents need to know?

Why is kids’ video game Roblox worth $38 billion and what do parents need to know?

When the children’s digital game Roblox launched on the New York Stock Exchange last week, the company’s share price rapidly took off. By the end of the day, it was valued at US$38 billion. How…

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Oil dips on demand worries despite surprise drop in U.S. crude stocks By Reuters

Oil dips on demand worries despite surprise drop in U.S. crude stocks By Reuters

© Reuters. FILE PHOTO: A sticker reads crude oil on the side of a storage tank in the Permian Basin By Sonali Paul MELBOURNE (Reuters) – Oil prices slipped for a fourth day on Wednesday…

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Patent system often stifles the innovation it was designed to encourage

Patent system often stifles the innovation it was designed to encourage

Over his career Thomas Edison garnered more U.S. patents than anyone in his time. Edison profited from his patents, but he was also exposed to the dark side of the patent system. He had to…

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Social media has huge problems with free speech and moderation. Could decentralised platforms fix this?

Social media has huge problems with free speech and moderation. Could decentralised platforms fix this?

Over the past few months, Twitter took down the account of the then-President of the United States and Facebook temporarily stopped users from sharing Australian media content. This begs the question: do social media platforms…

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Oil demand drag takes toll on tankers, U.S. refiners By Reuters

Oil demand drag takes toll on tankers, U.S. refiners By Reuters

2/2 © Reuters. FILE PHOTO: An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport 2/2 By Jonathan Saul…

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Joe Biden’s US$1.9 trillion stimulus won’t be enough to reignite world economy on its own

Joe Biden’s US$1.9 trillion stimulus won’t be enough to reignite world economy on its own

The economic orthodoxy has long been that governments should try to balance their books and leave all the heavy lifting in managing their economies to central banks. We saw this writ large in the years…

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the DyRET robot can rearrange its body to walk in new environments

the DyRET robot can rearrange its body to walk in new environments

Imagine running on a cement footpath, and then suddenly through dry sand. Just to keep upright, you would have to slow down and change the way you run. In the same way, a walking robot…

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