The wealth gap between blacks and whites, and more

The wealth gap between blacks and whites

The median white household has 22 times more wealth than the median black household—a gap that has doubled since 2005. The median black household saw a 60 percent decline in its net worth over five years, to just $4,955.

CNN.com

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Jobless during prime working years

More than 3.5 million Americans between the ages of 45 and 64 were unemployed as of May, 39 percent of them for a year or more—an unprecedented rate of long-term unemployment for workers in their prime working years.

The Wall Street Journal

Larry Ellison buys an island

Billionaire Larry Ellison is now the proud owner of Hawaii’s sixth-largest island. The Oracle CEO paid about $500 million for 98 percent of Lanai—which is 140 square miles in area, or about three times the size of the city of San Francisco.

USA Today

Rising sea levels on the East Coast

The sea level is rising three to four times faster than the world average on the East Coast of the U.S., from Cape Hatteras, N.C., to Cape Cod, Mass., because of melting ice sheets and the fact that warmer water expands. The rise ranges from 2.8 inches at New York City to 4.8 inches at Norfolk, Va.

Associated Press

Smartphone faux pas

One in four smartphone owners admit to checking their phones while driving, one in five immediately after sex, and two in five while on the toilet. Three in five say they don’t go an hour without checking their phones.

Time.com