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Marketplace
By The Numbers

The bite is worse than the bark

Tony Wagner May 19, 2015
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$5.8 trillion

That’s the size of the market for administering 401(k)s. On Monday, the Supreme Court ruled that employees have the right to sue employers if they find a lack of due diligence in combating high management fees on their 401(k). Most don’t tend to notice the 1 or 2 percent fees, but as the LA Times points out, that can add up over the span of a career.

30 percent

That’s the commission Uber is collecting from some new drivers, testing a tiered system in which partners work up to keeping 80 percent of their fares after giving 40 rides each week. This would be Uber’s highest commission yet, and Forbes notes in the competitive ride-sharing space companies like Uber and Lyft frequently tweak commissions to stay competitive.

5,767 times

That’s how many times postal workers were bitten by dogs last year, according to new statistics. That’s up almost 200 bites from last year. So in this case, the bite is actually worse than the bark.

One-fifth

That’s the portion of Target’s $73 billion in revenue that comes from groceries, the Wall Street Journal reported. The retailer is changing its approach to food, stocking more organic and specialty items, downplaying processed, packaged offerings.

$15,000

That’s how much Lieutenant Aaron Springer of Rochester, New York, estimates was spent on a single SWAT team response to an emergency call. The problem? The call was a fake. In a prank known as swatting, a fake call is placed to an emergency hotline, often with claims of a hostage situation. As video gamers who stream themselves live online have become more popular, so has the practice of swatting them to see the ensuing chaos. But aside from creating a dangerous situation, the practice is also causing police departments more and more money.

2.75 million

That’s about how many Republican voters from the 2012 election will be dead by November 2016, about 453,000 more those who voted Democratic. That’s according to a back-of-the-envelope analysis from Politico, which reports that the GOP could be at a real disadvantage if it can’t gather younger voters.

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