Sony reveals its forthcoming virtual reality headset will be significantly less expensive that Facebook and HTC’s rival kit.
Why they are building a new university every week
With every passing Trump ragefest, it gets harder and harder to treat his supporters like actual adults—but Samantha gives it a shot.
Greetings, Trump Supporters!
Full Frontal with Samantha Bee
The post Sam Bee: Greetings, Trump Supporters! appeared first on The Big Picture.
@TBPInvictus here (second time today!):
Although it bears absolutely no relevance to the city of Seattle proper, AEI’s Mark Perry spent a fair bit of time last year tracking and reporting on the level of “Food Services and Drinking Places” employees (often considered a proxy for minimum wage workers) in the Seattle-Tacoma-Bellevue Metropolitan Statistical Area (MSA), an area that geographically dwarfs the city itself and has five or six times the population. None of that mattered to Perry – see here, here for two examples. (Series SMU53426607072200001SA at FRED.)
As the old saying goes, live by the faulty data point, die by the faulty data point. The irrelevant metric Perry could not help but flog has just hit a new all-time high, and it looks like revisions have smoothed out some of last year’s hiccups. Now, none of this makes the series any more relevant to the matter at hand – Seattle’s minimum wage increase – but it does go to highlight the risk one runs when a) flogging irrelevant data and b) doing so in more-or-less real-time, prior to revisions. I cannot stress enough the uselessness of looking at the MSA and making an inference about the city; it is beyond pointless.
Here’s a look at the chart you will most definitely not be seeing over at the AEI website.
The post Karma Still a Bitch: Seattle Min Wage Edition appeared first on The Big Picture.
Can Nigeria end the rampant corruption in its oil industry?
The post Can you afford a home in your city? appeared first on The Big Picture.
The head of Bangladesh’s central bank resigns after cyber-thieves stole more than $100m from the country’s foreign currency reserves.
Eurostar says a strong pound, the Paris attacks in November and disruptions have contributed to a drop in profits.
Sainsbury’s has reported the first rise in sales in two years as it continued to cut back on multi-buy promotions and lowered prices on everyday grocery items.