The bottom line
What workers want in a boss; The least-affordable areas for homebuyers; Chocolate prices rise; Infrastructure and economic recovery; Record-setting salaries for programmers
What workers want in a boss
Three quarters of U.S. workers say they would prefer a demanding, high-achieving boss over one who is pleasant but ineffective. But according to one leadership consultancy, 18 percent of managers worldwide are downright “bad bosses,” scoring in the 10th percentile or below on at least one desirable trait, such as “integrity and honesty.”
The Wall Street Journal
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The least-affordable areas for homebuyers
San Francisco is the least-affordable place to be a middle-class homebuyer, with only 14 percent of homes within reach of those making the median San Francisco household income of $78,840. Orange County and Los Angeles were next, and New York City was the fourth least-affordable place to be a middle-class homeowner.
TheAtlantic.com
Chocolate prices rise
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The production cost of an average milk chocolate bar has surged by 25 percent over the last year, due to growing demand in emerging markets and bad weather in cocoa-producing countries. As a result, U.S. retail prices for chocolate are up 7 percent.
CNN.com
Infrastructure and economic recovery
The nation’s economic recovery is being held back by crumbling infrastructure. One out of nine of the 607,380 bridges in the U.S. is structurally deficient, according to the American Society of Civil Engineers, and 42 percent of the nation’s roads are congested.
The Wall Street Journal
Record-setting salaries for programmers
Silicon Valley programmers are raking in record-setting salaries, with entry-level graduates starting at $80,000. Programmers with three to five years’ experience can earn base salaries ranging anywhere between $110,000 and $130,000.
BusinessInsider.com
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