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Bond market close to sending biggest recession signal yet

Bond market close to sending biggest recession signal yet

Finance
Scott Olson | Getty ImagesAs Wall Street economists up the odds for a recession in the coming year, the bond market is sending its own scary warning about an economic downturn.Various parts of the yield curve have been inverted, but the traditionally watched 2-year to 10-year spread looks set to invert any day now, with the curve at its flattest level since 2007.The 10-year yield, at its low yield of 1.64% Monday came less than 6 basis points above the 2-year yield, which was at 1.58% in afternoon trading. The spread broke below 10 basis points last week. An inverted curve simply means a shorter-term interest rate is higher than the longer-term one that it is being compared too, and that inversion has been a reliable recession signal. "It's the whole idea that the Fed is making a mistake. ...
Sending astronauts to Mars would be stupid, astronaut says

Sending astronauts to Mars would be stupid, astronaut says

Science
One of the first men to orbit the Moon has told BBC Radio 5 Live that it's "stupid" to plan human missions to Mars.Bill Anders, lunar module pilot of Apollo 8, the first human spaceflight to leave Earth's orbit, said sending crews to Mars was "almost ridiculous".Nasa is currently planning new human missions to the Moon.It wants to learn the skills and develop the technology to enable a future human landing on Mars. Anders, 85, said he's a "big supporter" of the "remarkable" unmanned programmes, "mainly because they're much cheaper". But he says the public support simply isn't there to fund vastly more expensive human missions."What's the imperative? What's pushing us to ...
Samsung phones 'randomly sending pics to contacts'

Samsung phones 'randomly sending pics to contacts'

Technology
Samsung phones are sending photos to their owner's contacts without their permission, according to reports. Samsung says it is investigating the issue, which may be caused by an update to the texting app Samsung Messages.Frighteningly, the app doesn't even show users that the files have been sent - they're only finding out when they get a response from the recipient of the random photos."Last night around 2.30am, my phone sent [my girlfriend] my entire photo gallery over text but there was no record of it on my messages app," one Reddit user complained.They added that they had enabled a setting allowing pictures to be automatically backed-up to Google, and suspected that the leak occurred because of an update to the Samsung Messages app.Additional owners of the Galaxy S9, S...
Brexit sending UK space firms out of orbit

Brexit sending UK space firms out of orbit

Technology
UK companies are already starting to lose out on European space contracts as a result of Brexit, MPs have heard.Simon Henley, president-elect of the Royal Aeronautical Society - which represents professionals in the industry - said firms were missing out on bids on the Galileo satellite programme because it is funded by the European Union.Separately, the UK head of aviation giant Airbus - which builds wings for its aeroplanes in north Wales - told the Commons Business, Energy and Industrial Strategy (BEIS) committee that other countries were now "knocking at the door" for that business.MPs were taking evidence as part of an inquiry into the impact of Brexit on aerospace.It came as elsewhere, the Institute of Directors (IoD) added to voices from business warning that a transitional arrangem...