You’re reading Significant Digits, a daily digest of the numbers tucked inside the news. 0.34 percent Alphabet, the parent company of Google, has settled its lawsuit against Uber alleging the lifting of self-driving car technology. Uber is paying Alphabet 0.34 percent of its latest funding series, about $245 million in equity. [Recode] 15 percent L.L. […]
You’re reading Significant Digits, a daily digest of the numbers tucked inside the news. 3.8 percent The correction continues: The S&P 500 was down 3.8 percent Thursday, meaning its dropped 10 percent in value since Jan. 26 and thus meeting the accepted definition of a market correction. The Dow Jones Industrial Average dropped a thousand […]
You’re reading Significant Digits, a daily digest of the numbers tucked inside the news. 4.6 continuing resolutions Average number of continuing resolutions per fiscal year since 1977, which allow Congress to keep the government open without a fresh new budget due by Oct. 1. The current continuing resolution expires today. [FiveThirtyEight] 8 hours Minority Leader […]
You’re reading Significant Digits, a daily digest of the numbers tucked inside the news. 7 percent Independent restaurants — be they fast food or fast casual — have seen a seven percent increase in their Yelp scores over the past five years, while the chain stores have been losing critical steam. Fast food chain restaurants […]
You’re reading Significant Digits, a daily digest of the numbers tucked inside the news. 3.1 percent Percentage of U.S. household spending that goes towards apparel, down from 6.2 percent in 1977. People dining out, technology spending and traveling have filled in that gap, but the reasons why are complicated. One cause is fast fashion taking […]