The bottom line
Mayweather's millions; A generation of renters?; Crazy for fried chicken; Median income falls; Inflation remains low; Divvying up Madoff's billions
Mayweather's millions
Floyd “Money” Mayweather’s earnings in last week’s much-hyped fight against Saul “Canelo” Alvarez: $41,500,000 in total, $3,458,333 per round, $1,152,778 per minute, and $19,213 per second.
BleacherReport.com
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
A generation of renters?
Since the recession, Millennials have steered clear of homeownership more than any other age group. From 2006 through 2011, the number of 25- to 34-year-old renters grew by more than 1 million, while the number who owned homes fell by nearly 1.4 million.
USA Today
Crazy for fried chicken
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
A fried chicken craze has hit South Korea, with 36,000 chicken restaurants now open there—a threefold increase since 2003. An estimated 7,400 new fried chicken restaurants launch every year, while 5,000 go bankrupt.
The Wall Street Journal
Median income falls
The median income for American households was $51,017 in 2012, according to the U.S. Census Bureau—down 8.3 percent from 2007.
Qz.com
Inflation remains low
The Consumer Price Index rose 0.1 percent last month, thanks largely to gains in rents and medical care. Prescription drugs posted their largest increase since July 2007, spurring overall medical care costs up 0.6 percent. Lower-than-expected inflation could make the Fed more willing to reduce its bond-buying program.
Reuters.com
Divvying up Madoff's billions
Some $2.35 billion in forfeited assets of Bernard Madoff’s Ponzi scheme are still in limbo. Distribution has been delayed because the government-appointed administrator is “having trouble distinguishing Madoff ‘victims’ from ‘customers.’”
CNN.com
-
Why more and more adults are reaching for soft toys
Under The Radar Does the popularity of the Squishmallow show Gen Z are 'scared to grow up'?
By Chas Newkey-Burden, The Week UK Published
-
Magazine solutions - December 27, 2024 / January 3, 2025
Puzzles and Quizzes Issue - December 27, 2024 / January 3, 2025
By The Week US Published
-
Magazine printables - December 27, 2024 / January 3, 2025
Puzzles and Quizzes Issue - December 27, 2024 / January 3, 2025
By The Week US Published
-
The news at a glance...International
feature International
By The Week Staff Last updated
-
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
By The Week Staff Last updated
-
The week at a glance...Americas
feature Americas
By The Week Staff Last updated
-
The news at a glance...United States
feature United States
By The Week Staff Last updated
-
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
By The Week Staff Last updated
-
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
By The Week Staff Last updated
-
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
By The Week Staff Last updated
-
The week at a glance...International
feature International
By The Week Staff Last updated