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It's not delivery. It's the grocery store.

Dec 5, 2019

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Have something you want Kai to explain about the economy? Let us know!

The numbers for September 30, 2014

Tony Wagner Sep 30, 2014
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Six people have hopped the White House fence so far this year. The latest incident — in which the intruder reportedly blew through at least five layers of security before he was caught — put Secret Service Director Julia Pierson under fire at a congressional hearing Monday. Lawmakers were also livid after the Washington Post reported the Secret Service was slow to respond when shots were fired at the White House in 2011. Pierson took full responsibility for the problems and pledged to review Secret Service procedure.

Here’s what we’re reading — and the numbers we’re watching — Tuesday.

41 percent

The predicted drop in revenue for utilities if solar power gets just 10 percent of the market. Rooftop solar panels are getting cheaper all the time, although they only account for 0.4 percent of the energy produced in the U.S. now. Because 43 states have “net metering” laws allowing solar users to sell their excess energy back to electric companies, Vox reported, the proliferation of rooftop panels could put utilities in a “death spiral.”

$7.2 billion

That’s how much PayPal made in the past year, and their revenue is rising faster than parent company eBay’s has. The company announced Monday it would spin off PayPal into its own company, Business Insider reports. EBay acquired the online payment system for $1.5 billion in 2002, and these days PayPal claims to facilitate one out of every six dollars spent online.

0

As of last week, there are precisely zero Saturday morning cartoon programming blocks on TV. The last one, the CW’s “Vortexx,” aired for the last time on Saturday. The marathons, once a staple of American childhood and the ideal pairing with sugary cereals, were killed by a combination of FCC regulation and the spread of cable. /Film has a nice look back at the various cartoon blocks from the ’80s and the commercials that aired with them.

Fall of the Berlin Wall
Fall of the Berlin Wall
The financial lessons of Germany's reunification 30 years ago.  
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Check Your Balance ™️
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