Britain Once Led The World. What Happened?

Humanoid Robots Enter The Workforce. How Long Before Workers Revolt? The emergence of the humanoid robotics industry worldwide continues to gather pace. UBS analyst Phyllis Wang noted some of the most recent developments: The 2026 Beijing Humanoid Robot Half-marathon Race reflected the advancement of hardware technology; We are seeing financing accelerate among some companies, including several OEMs focusing on robotics AI and key component manufacturers (such as dexterous hands). For example, TARS has completed a pre-A funding round of US $455m. Local governments, industrial funds and industry leaders are all actively deploying...

US Pending Home Sales Rebound Off Record Lows, Despite Rising Mortgage Rates After rising in February, US Pending Home Sales were expected to continue to improve in March (+0.5% MoM) but - despite apparently rising mortgage rates - sales rose 1.5% MoM (even with February revised up to +2.5% MoM). This dragged pending home sales up to +1.8% YoY (to the highest level since Nov 2024)... Source: Bloomberg ...extending its bounce off record lows... Source: Bloomberg “Contract signings rose in March despite higher mortgage rates, pointing to pent-up housing demand,” NAR Chief Economist Lawrence...

Elon Musk Reaches $1.5 Million Settlement With SEC Over Twitter Stake Authored by Aldgra Fredly via The Epoch Times, Tech billionaire Elon Musk on May 4 agreed to pay $1.5 million to resolve a Securities and Exchange Commission (SEC) lawsuit alleging he violated securities laws over the delayed disclosure of his Twitter stake. A filing dated May 4 states that Musk’s revocable trust will pay a civil penalty of $1.5 million to the commission as part of the settlement, subject to approval by the court. According to the filing, once the proposed settlement...