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July 31, 2015

US wages had the lowest quarterly increase on record.

  Salaries rose only 0.2% in the second quarter, according to a quarterly report by the US Bureau of Labor Statistics. That’s a significant drop compared with the first quarter’s 0.7% growth, making it less likely that the Fed will raise interest rates later this year.
July 31, 2015

China’s stocks end their worst month in six years.

  The Shanghai Composite Index dropped 15% in July, the worst of more than 90 global benchmarks tracked by Bloomberg. That’s despite incredible amounts of government stimulus, which has been only occasionally successful at propping up prices.  
July 31, 2015

A new “game-changing” Ebola vaccine is confirmed as 100% effective—if you take it early.

  Researchers say they have finally found a vaccine that could provide complete protection against the deadly virus that has been raging for two years, killing more than 11,000 people in West Africa.
July 31, 2015

Comet explorer Philae finds building blocks of life on P67.

  The European Space Agency’s comet explorer reported back the presence of at least 16 organic compounds known to be the building blocks of life. Philae landed on the comet last November.  
July 31, 2015
Chart of the Moment

SoulCycle vs. Shake Shack: Burning calories is a better business than consuming them.

July 31, 2015

Mark Zuckerberg and Priscilla Chan are expecting a baby girl.

  The Facebook CEO announced today that he and his wife will soon become parents, and that they have been trying to do so for several years. The couple dealt with three miscarriages before this pregnancy, which Zuckerberg said he wanted to share to “give more people the same hope we felt and will help more people feel comfortable sharing their stories as well.”
July 31, 2015

China may soon be the world’s biggest producer of wine.

  A prominent architect is trying to turn Jade Valley into the next Napa Valley.

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