That’s how much the net worth of blacks with college degrees dropped from 1992 to 2013, according to a new study published Monday. By comparison, whites with college degree saw their net worth rise 86 percent during that same time. Published by the Federal Reserve Bank of St. Louis, the report finds that a college degree, long believed to be a safeguard against the negative effects of recession, does not protect black and Hispanic graduates to the same degree that it does whites. As the New York Times writes, a key factor could be that blacks and Hispanics have to accumulate more debt in the pursuit of middle-class status.
That’s how much the concert industry took in during the first half of this year, meaning live music is headed towards a record in 2015. Part of that has been so-called boomer bait; bands like the Rolling Stones and Fleetwood Mac drawing longtime fans to stadiums across the country. But it also shows that bands and promoters are using big data to price tickets smarter, scooping up money that used to go to scalpers.
That’s how much a 1962 Ferrari sold for at the Concours d’Elegance — aka the Pebble Beach Car Show — a four-day celebration on California’s Monterey Peninsula. Many attendees are among the uber rich, and as a result, the show is an opportunity for luxury brands to show off both their antiques and latest wares.
That’s the amount of bacteria that can be removed from water using one page of “The Drinkable Book,” a product created in partnership between pAge Drinking Paper and WATERisLIFE. Each page of the book (which is embedded with silver and copper), can purify up to 26 gallons of water. As Quartz reports, the product was proven successful in 25 contaminated water sites in South Africa, Ghana, Kenya, Haiti and Bangladesh.
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