A building for billionaires
Twenty-two billionaires—just under 2 percent of the world’s total—have bought apartments at a 60-story condominium being built in Sunny Isles Beach near Miami. The Porsche Design Tower has three car elevators that take residents and their vehicles directly to units with adjacent glass garages.
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Gender wage gap shrinks
According to new data from Pew Research, the wage gap for American women under 32 has shrunk to 7 percent. But among all ages, women make 16 percent less than men, and Millennial-age women are just “as pessimistic as their mothers and grandmothers regarding gender equality.”
Associated Press
Sales of diet soda drop
America is falling out of love with diet soda. The sales of low- and zero-calorie soda have fallen 6.8 percent in the past year, compared with a 2.2 percent drop in the sales of regular soda. Experts say consumers are worried about possible health risks from artificial sweeteners.
The Wall Street Journal
Government aid makes a difference
After accounting for government aid such as food stamps, researchers from Columbia University have found that the share of poor people in the U.S. has dropped from 26 percent in 1967 to just 16 percent in 2012.
NewYorker.com
Chinese purchase U.S. property
Chinese buyers purchased more than $8 billion in U.S. real estate in 2012. According to Juwai.com, a website where Chinese buyers browse global real estate listings, New York City and Los Angeles are the most popular investment destinations, followed by Philadelphia and Detroit.
CNN.com
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5 artfully drawn cartoons about Donald Trump's Epstein doodleCartoons Artists take on a mountainous legacy, creepy art, and more
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Violent videos of Charlie Kirk’s death are renewing debate over online censorshipTalking Points Social media ‘promises unfiltered access, but without guarantees of truth and without protection from harm’
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What led to Poland invoking NATO’s Article 4 and where could it lead?TODAY'S BIG QUESTION After a Russian drone blitz, Warsaw’s rare move to invoke the important NATO statute has potentially moved Europe closer to continent-wide warfare
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The news at a glance...Internationalfeature International
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The bottom line
feature Youthful startup founders; High salaries for anesthesiologists; The myth of too much homework; More mothers stay a home; Audiences are down, but box office revenue rises
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The week at a glance...Americas
feature Americas
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The news at a glance
feature Comcast defends planned TWC merger; Toyota recalls 6.39 million vehicles; Takeda faces $6 billion in damages; American updates loyalty program; Regulators hike leverage ratio
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The news at a glance...United States
feature United States
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The bottom line
feature The rising cost of graduate degrees; NSA surveillance affects tech profits; A glass ceiling for female chefs?; Bonding to a brand name; Generous Wall Street bonuses
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The news at a glance
feature GM chief faces Congress; FBI targets high-frequency trading; Yellen confirms continued low rates; BofA settles mortgage claims for $9.3B; Apple and Samsung duke it out
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The week at a glance...International
feature International