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Unity made it to an estimated altitude of about 53 miles (86 kilometers) above the surface of the Earth. Some will quibble that this is lower than the commonly accepted definition of space, which begins at a nice, even 100 kilometers (62 miles). However, the US military and NASA set the dividing line at 50 miles up (80 kilometers), so it’s all clearly a little subjective. And for the purposes of space tourism, you get to experience weightlessness and look down on our home planet set against the black void of space from either altitude.

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July 8 (Reuters) – Gold held steady on Thursday as lower U.S.
Treasury yields countered a stronger dollar after minutes from the Federal Reserve’s last meeting showed that the central bank is moving towards tapering its asset purchases as soon as this year.

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Branson called it the “experience of a lifetime” in a staticky radio transmission from Unity as it began to glide back to Earth. The craft then returned for a picture-perfect landing near the same spot VMS Eve launched from almost exactly an hour earlier. “Welcome to the dawn of a new space age,” the 70-year-old Branson said later from the tarmac of Spaceport America. 

British billionaire Richard Branson completed his latest, and arguably greatest, adventure Sunday with a brief flight to the edge of space aboard his Virgin Galactic space plane. The flight marks not only Branson’s first trip to space, but the first time Virgin has flown a fully crewed cabin.

* The European Central Bank will on Thursday announce the outcome of an 18-month strategy review, redefining its inflation target and laying down what role it plans to play in the fight against climate change.

economic recovery “was generally seen as not having yet been met,” but agreed they should be poised to act if inflation or other risks materialised, according to the minutes of the central bank’s June policy meeting.

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