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How Publishers Clearing House makes $1 billion a year

Publishers Clearing House became a household name thanks to its signature TV commercials featuring regular Americans receiving massive sweepstakes checks for millions of dollars from the company's Prize Patrol. Founded in 1953, the company…

Should you actually drink your own pee in a survival situation?

You might think that drinking your own urine in a survival situation will keep you hydrated. However it turns out, you are better off avoiding any urine intake to increase your chances of survival. Following is a transcript of the video.

The lira is tumbling after the US said it's ready to kick its battle against Turkey up a notch

US Treasury Secretary Steven Mnuchin threatened further sanctions against Turkey if it fails to release detained American pastor Andrew Brunson. "We have more that we're planning to do if they don't release him quickly," Mnuchin told a…

Chinese stocks tanked again to cap off a miserable week, and are now at their lowest since 2016

The Shanghai Composite index in China has fallen every day this week. The index is now at the lowest level since January 28, 2016. Capital Economics expects the index to continue its decline in the second half of the year.

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We shopped at Home Depot, Lowe's, and Ace Hardware to see which was the best home-improvement store — here's the verdict

Home Depot, Lowe's, and Ace Hardware, three of the biggest home-improvement stores in the United States, offer a similar product selection and help with home-improvement projects.

I name brands and companies for a living — here's what it takes to succeed as a 'professional namer'

Brand names for companies and products are sometimes developed by professional 'namers.' Rob Meyerson, a brand consultant, spoke with ten professional namers about how they come up with brand names.


Elon Musk didn't used to care about short sellers — here's why he does now

Tesla CEO Elon Musk actually has a relatively brief history of counter-attacking short sellers. For much of Tesla's 15-year history, Musk has considered Wall Street something of a necessary, but tolerable, evil.


The 10 most important things in the world right now

Hello! Here's what's happening on Friday. 1. Tesla CEO Elon Musk opened up about "the most difficult and painful year" of his career. Musk spoke to the New York Times about his gruelling work schedule, his health, and blacklash from…

Suddenly, the RBA seems to think missing its inflation target is a good thing

RBA governor Philip Lowe says lower inflation in the near-term is “good news”, because it eases cost of living pressures for households. But low inflation is only helpful because the economy is running at a sub-optimal level, and wage…


Elon Musk describes his 'excruciating' year and says he's had to take Ambien to get to sleep

Tesla CEO Elon Musk says that an "excruciating" year has taken a toll on him. He sometimes has had to take Ambien, a prescription drug that helps induce sleep.

'The most difficult and painful year of my career': Tesla CEO Elon Musk opens up about personal and professional struggles in revealing interview

Tesla CEO Elon Musk has shared some personal revelations about the turmoil surrounding him and his company. In a revealing interview with The New York Times published Thursday night, Musk talked about his gruelling work schedule, the…


Driverless cars will cost Australia's state governments billions in annual revenue

The widespread take-up of driverless and electric vehicles would mean great savings for consumers but significant revenue losses for state governments in Australia, as people switch from owning to sharing vehicles.

The CIA believed it was 'invincible' in China — but a report says spies had their cover blown and people ended up dead

A new Foreign Policy report cites sources detailing how the communication system between the CIA's spies and handlers in China nearly a decade ago was compromised.


The NBN Co. backflipped over charging regional users more for wireless, just a day after floating the idea

An appearance before a parliamentary committee this week sparked concerns that the NBN Co. planned to charge $65 for bundled wireless services in regional areas.


A 12-year-old boy is reportedly close to dying after being on a hunger strike for more than a fortnight on Nauru

A 12-year-old boy on the island of Nauru is being sedated and given fluids intravenously to keep him alive after being on a hunger strike for more than a fortnight.

The problems with GDP growth supported by immigration are clear to anyone spending another morning stuck in traffic on a bus

There are many instances where the dismal science of economics embarrasses itself with the way the economy and its parts are measured relative to the lived experience of the general population.

10 things you need to know this morning in Australia

Good morning. 1. Talks of possible US-China trade discussions gave rise to more bullish sentiment on global markets overnight, helping to shake off some of the elevated caution that infected markets over the past week as Turkey plunged…


Chinese bombers are extremely active, and the Pentagon thinks they're training for strikes against US targets

Chinese bombers are increasingly active and flying farther from China's shores, according to a Department of Defence report released Thursday. The Pentagon suspects that China might be training for strikes against US targets as well as…

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard. Dow. 25,558.73 +396.32 (+1.58%) S&P500. 2,840.69 +22.32 (+0.79%) AUD/USD. 0.7262 +0.0022 +0.30% ASX SPI futures (September contracts). 6,280 (-2)


Richard Coppleson thinks the world is becoming increasingly risky and says it's time to sell Australian stocks

Closely-followed Australian equity strategist Richard Coppleson says "the market looks like a sell". He sees a build-up of risks from global problems including tumbling commodity prices, trade tensions, problems in Turkey and thinks the…

Thursday, Aug 16

Panera decided to double its famous bread bowls — here's our verdict

Panera has released a double bread bowl in honour of National Best Friend Day. Their popular sourdough bread bowl usually has just one bowl inside the loaf, now there's TWO. The double bread bowls are being tested around the Philadelphia…

Ex-Tesla employee alleges Elon Musk authorised spying on workers in bombshell SEC tip

Another former Tesla employee has filed a whistleblowing tip with the Securities and Exchange Commission. The tip alleges that Tesla did not disclose to shareholders the theft of raw materials and unauthorised surveillance and hacking of…

One trader lost $19 million on the Turkey turmoil — here are the winners and losers from the crisis

The collapse of the Turkish lira is the big story in global markets. A big winner has been Deutsche Bank's CEEMEA desk, which made $US35 million over two weeks on the back of emerging market turmoil, according to Bloomberg.

Telstra's results show how a big chunk of its business is getting demolished as old-school phones disappear

Telstra's overall fixed line revenue -- the money that comes from providing services over traditional phone lines to homes and offices -- fell by 9.2% to $5.81 billion in 2018.

Wednesday, Aug 15

The crisis in Turkey is being caused by the US Fed, and we are only at the beginning

The US Federal Reserve is unwinding its balance sheet, driving up the price of the dollar. This is the underlying cause of the Turkish lira crisis.

The lira surged 7% after Turkey hit back at US 'attacks' by slapping American cars, alcohol, and tobacco with huge tariffs

Turkey's currency, the lira, bounced back sharply Wednesday morning, falling back below six per dollar. It appears that the move was triggered by the introduction of new rules by the BDDK - Turkey's banking watchdog - designed to stop…

Members of Tesla's board of directors are lawyering up as crisis around Elon Musk deepens

Some members of Tesla's board of directors are hiring lawyers to protect themselves in the ongoing fallout from CEO Elon Musk's public declarations about taking the company private.

10 things you need to know this morning in Australia

Good morning. 1. On markets today, Warren Buffet increased his stake in Goldman Sachs. George Soros made a big bet on Spotify and Pandora. A new study shows Trump's trade war probably won't achieve one of its biggest goals. And while…

Tuesday, Aug 14

Australian senator Fraser Anning just used the term 'the final solution' in his maiden speech on immigration

Fraser Anning ended up in parliament by accident in November last year, becoming a Queensland senator replacing One Nation's Malcolm Roberts, who was forced out over his dual citizenship.

The Turkish lira has finally stabilised as Erdogan promises action against 'economic terrorists'

The lira has stabilised on Tuesday morning after a dramatic decline over the last 9 days. Turkish President Erdogan has vowed action against "economic terrorists" and claimed the US is waging economic "war" against the country.

Australian fast food chain Guzman y Gomez just raised $44 million to take on the US market

Sydney investment company TDM Growth Partners is backing Australian fast food franchise Guzman y Gomez's plans for rapid international expansion, tipping $44 million into the Mexican taqueria chain as it seeks to take on the competitive US…

Domino’s posts a record profit from selling $2.6 billion of pizza

Domino’s Pizza full year sales almost $2.6 billion. Statutory profit up 18.1% to $121.5 million. Online sales were up by 19.4% to 63.9%. Domino’s Pizza sold $2.59 billion in pizza last financial year to record a statutory profit of $121.5…

Monday, Aug 13

Why Americans want this tiny Japanese sports car

The Autozam AZ-1 is a kei car from the Japanese domestic market. Car enthusiasts are enamoured with its miniature size, aggressive styling, and gullwing doors. Although the sports car isn't fast, it's hailed for its agility on the road,…

How to hack an election, according to a former NSA hacker

As we find out more about Russia's interference in the 2016 United States presidential election, former NSA hacker and TrustedSec CEO David Kennedy reveals what it would take to hack an election. Kennedy also reveals how France was able to…

Turkey could solve its banking crisis with one simple mechanism — but Erdogan is ideologically against it

Turkey's lira fell 25% against the US dollar last week and is still under pressure. The currency is suffering from trade tensions with the US, deteriorating current account balances, and fears around President Erdogan's influence over the…

Fallout from the Turkish lira's meltdown is starting to spread to markets around the world

Global markets are under pressure following the plunge in the Turkish lira late last week. The lira's fall continued in Asian trade on Monday -- it plunged as much as 10% when markets opened.

Sunday, Aug 12

Turkey's sinking currency has been rattling global markets and it just started the week with another meltdown

SYDNEY -- The Turkish lira plunged further at the start of trade in Asia on Monday, after a meltdown on Friday that rattled global markets. The fall in the lira is a risk to Turkish banks, with around one-third of their debt held in…

The world's most dangerous venomous animals are all in Australia

Some of the world's deadliest animals have venom that's thousands of times more toxic than cyanide and can kill a human in minutes. Brown snakes, funnel web spiders, and the blue-ringed octopuses are among the animals that you do not want…

What it takes to be a PGA Tour caddie

You don't have to be a great golfer to become a professional caddie, but that doesn't mean it's easy. Former professional caddie Michael Collins gives us the low down on what it takes to caddie for the best golfers in the world. Following…

We tried vegan 'cannabis-infused' frozen yoghurt at a cafe in London — here’s what we thought

Vegan 'cannabis-infused' frozen yoghurt is now on sale at a London cafe. The yoghurt contains CBD oil, extracted from hemp flowers. CBD oil is currently being researched for its possible health benefits but there's currently no conclusive…