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Cost of raising middle-income child in USA increases by 40% in ten years

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Costs have risen dramatically for raising children.

According to the US Dept of Agriculture, the cost of raising a child in a middle-income family has increased by 40 percent over the past ten years. Every major category of child-rearing expense has seen steep increase: day-care, education, food, gas, medical insurance, and so on. At this rate, childrearing may become a luxury item for America’s increasingly wealthy super-rich…

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Scientists design a novel magnetic cloaking device

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Scientists have just created the antimagnet.

Scientists from the Universitat Autònoma de Barcelona designed a magnetic cloak that’ll both shield an object from an outside magnetic field and prevent an internal one from leaking out. It’s an antimagnet and it’ll have various military and medical applications.

The antimagnet uses a superconducting material that blocks the internal magnetic field of an object and several dampening layers to block the effect of the superconductor on the external magnetic field. Sounds complicated, and it is, but it could save your life some day…

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Evoz turns your iPhone into a baby monitor

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Evoz

The modern baby monitoring system that works over iOS will finally start shipping on October 4th. Evoz is unlike the traditional walkie-talkie-like baby monitors, you don’t need a separate receiver to use the system – you can just use your own iOS devices, like your iPhone, iPod Touch or iPad, to function as both the monitor and receiver.

 

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The aristocracy on Wall Street got $1.2 trillion in secret loans

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Citigroup and Bank of America were the reigning champs of finance in 2006.

The reigning champions of finance in 2006 were Citigroup Inc. (C) and Bank of America Corp. (BAC).   As home prices peaked, they were leading the 10 biggest U.S. banks and brokerage firms to their best year ever with $104 billion of profits.

 

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Shanghai Park’s Pavilions are wind-powered urban leisure spots

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Creative and functional artwork.

Wind-powered karaoke? Only in Shanghai would such a thing exist. These colourful pavilions were initially built as an art installation — one of many themed pavilions in a new waterfront park created for Shanghai’s 2010 World Expo — but now they have been torn down, except these Skittle-like structures. Currently, these neon-bright pavilions are utilized by city residents for leisure activities such as karaoke, games, picnics and music — all powered by the wind turbines spinning above each pavilion…

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Faster than light particles could wreck Einstein’s Relativity Theory

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Is his theory out the window?

This is extremely shocking: CERN scientists using a 1300-ton particle detector have measured particles travelling faster than the speed of light. If confirmed, this discovery could invalidate Albert Einstein’s 1905 theory of special relativity and revolutionize physics.

Einstein’s theory says that there’s nothing in the universe that could travel faster than light. Now, CERN scientists believe this may be wrong according to their latest experiment…

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