The 62 Richest People Hold As Much Wealth As The Poorest 3.5 Billion

We spotted this today:

“Just 62 ultra-rich individuals — a list that is primarily made up of men and includes Bill Gates, Warren Buffett, the Koch Brothers and the Walmart heirs — have as much wealth as the bottom half of humanity. Five years ago, it took 388 rich guys to achieve that status.

The wealth of the richest 62 has increased an astonishing 44 percent since 2010, to $1.76 trillion. Meanwhile, the wealth of the bottom half of the world dropped by 41 percent.”

Source

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Oil Price: Brent Crude Hits 11-Year Low

We spotted this stat today:

“Oil prices have fallen to levels not seen since 2004, surpassing the lows seen during the recession of 2008.
Brent crude sank to $36.05 a barrel – its weakest since July 2004 – before recovering slightly to $36.47.

A global oversupply has dramatically driven down the price of oil, with suppliers failing to reach agreements to address the glut.”

Source

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Poll: Half of New Yorkers Say They Are Barely or Not Getting By

We spotted this stat today:

“Half of New York City residents say they are struggling economically, making ends meet just barely, if at all, and most feel sharp uncertainty about the future of the city’s next generation, a new poll shows.

The poll, conducted by The New York Times and Siena College, shows great disparities in quality of life among the city’s five boroughs. The stresses weighing on New Yorkers vary widely, from the Bronx, where residents feel acute concern about access to jobs and educational opportunity, to Staten Island, where one in five report recently experiencing vandalism or theft.”

Source

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23 Percent Of US Workers Received No Paid Vacation Or Holidays In 2012

We spotted this stat today:

“Among the world’s developed countries, the United States is the only one in which employers are not required to offer their workers paid time off. The typical American worker received about 10 days of vacation and six holidays in 2012, according to research from the liberal Center for Economic and Policy Research. Among the quarter of workers who received the least in hourly compensation, the averages were just four holidays and three days of vacation. Fully 23 percent of workers received no paid vacation or no holidays whatsoever.”

Source

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The World’s Biggest Shopping Day – USD 5 Bn Sales In 90 Minutes

Alibaba has surprised us in many ways before – we spotted this stat today –

“In China, it’s already November 11, or 11/11, and the massive e-commerce event known as “Singles Day” is already well under way. Launched by Chinese e-commerce giant Alibaba in 2009, the idea is that for a full 24 hours, shoppers who are unmarried and unattached should go online and splurge on a nice gift for themselves.

In the first 90 minutes after the Singles Day kickoff, at midnight in Beijing, Alibaba said it surpassed $5 billion in total sales. Seventy-four percent of those were from mobile phones. And international brands—from Nike to Apple—often offer discounts to lure more buyers.”

Source

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$5,000/Month – The Median Rent for A Two-Bedroom In SF

We spotted this stat today:

“As Zumper points out, the even bigger increase has been in two-bedroom rents, which hit a $5,000 median for the first time this month and are up 19 percent in a year. San Francisco remains, of course, the most expensive city in the country for rents.”

Source

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The Most Expensive Street In America – Average Home Worth USD 21.4 Million

We spotted this stat today:

“Real estate says everything, and there’s no more exclusive street to have on that ID in the entire United States of America than Indian Creek Island Road right here in Miami-Dade. Zillow crunched the numbers and found that the average home on the street is worth $21.4 million dollars.

That’s considerably more expensive than second place Beverly Park Circle out in Beverly Hills, California where celebs likes Eddie Murphy and Denzel Washington live in a comparative shanty town where the average home is only worth $16.2 million. ”

Source

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Just 158 Families Contributed Half Of The Early Money For Presidential Candidates

We spotted this stat today:

“Just 158 families have provided nearly half of the early money for efforts to capture the White House. Just 158 families, along with companies they own or control, contributed $176 million in the first phase of the campaign, a New York Times investigation found. Not since before Watergate have so few people and businesses provided so much early money in a campaign, most of it through channels legalized by the Supreme Court’s Citizens United decision five years ago. ”

Source

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46% Of Mandarin Speaking Chinese US Home Buyers Paid All Cash

After a point, a trend becomes a fact. Here is one we spotted today:

“A joint analysis by Irvine, Calif.-based realty research firm RealtyTrac, and New Jersey-based multicultural marketing company Ethnic Technologies, found that 46% of Mandarin Chinese-speaking buyers who purchased U.S. homes in the 17 months ending in May 2015 paid all cash, more than triple the number paying all cash in 2005. Overall, Mandarin speakers are the second largest non-English speaking cash-paying group, totaling nearly 18% of all cash deals, second behind those buyers speaking Spanish at 43%.”

Source

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One Million Drones Expected To Sell During The Holidays

We spotted this stunning stat today:

“A top FAA official said as many as one million small unmanned aerial vehicles (UAVs) could be sold during the upcoming US holiday season.

“The talking point is that there will be a million drones under people’s Christmas trees this year,” FAA assistant administrator-policy, international affairs and environment Rich Swayze said, adding that he has heard the one-million figure “from several sources.”

Source

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