In case you’ve been hiding out in a cave this week (one without a dependable wireless connection, that is), you’ve probably heard that Twitter has gone public.
The microblogging platform that took the world by storm less than eight years ago, now has more than 100 million daily active users worldwide and is valued at close to $13 billion. In September, the company filed for its Initial Public Offering (IPO). And on Thursday, amid much fanfare, Twitter’s stock began trading on the New York Stock Exchange under the ticker symbol TWTR, with shares initially priced at $26 a pop. Continue reading
Quick shopping quiz:
That $130 pair of shoes you’ve been eyeing for weeks is now marked down 20 percent. To sweeten the deal, you have a coupon for 10 percent off your entire purchase. In other words, you’re looking at a discount of: 10% off 20% off $130.
So … how much would you end up paying?
Percentages. You can run, you can hide … but they’ll find you.
From sports to the news, to — most importantly — shopping, they are pretty hard to avoid. And if you’re among the 80 percent of our population who doesn’t really understand the math behind percentages (OK, so maybe I just made that percentage up), then you’re missing out on a whole bunch of important information (fabulous shopping discounts included). In these three short videos, animator and explainer extraordinaire Josh Kurz, breaks down the basic math behind common percentage conundrums.
Part I: The Basics
Includes Cartoon Infographic
Following up on his last cartoon infographic exploring “the poverty threshold” in the United States, graphic journalist Andy Warner digs into the concept behind “the poverty line,” the origins of that measurement and why it’s considered so outdated today. View it below in full, or in segments as a slideshow. Continue reading
Includes images, video and charts
This is what U.S. federal debt looks like in physical dollars (and bear in mind that today’s debt has grown to more than $17 tirllion). Image by demonocracy.info
And here I was just starting to get my government shutdown groove on.
I mean, without the thrill of waking up every morning to the debt default doomsday machine ticking down to the brink of economic catastrophe, life honestly seems a bit mundane. At least Congress didn’t go too nuts and actually resolve the issue; they just went ahead and did what any rational group of people do when confronted with a difficult situation: they put it off for another day — you know, kicked the can down the road. Anyone smell a sequel? (And yes, I’ve already reserved front row tickets for Round 2 in January. I hear it’s gonna be awesome. My sources tell me that before the final death match, John Boehner reveals himself as President Obama’s real father).
But seriously … With the stroke of a pen, the government sputtered back to life last Thursday morning after Obama and Congress ended a 16-day political standoff that had left large swaths of the federal government shuttered and put the U.S. at risk of losing it’s ability to borrow money. The compromise allows federal agencies to resume operations, reopen public facilities and abruptly end the unpaid staycations of hundreds of thousands of furloughed employees. Continue reading
Includes interactive charts
Ah, BART. Never a dull moment.
If only its unions and management could learn the virtues of unity and cooperation that our elected officials in Washington have so magnanimously exhibited (hmmm …).
Well, it’s happened again. At the stroke of midnight, following a breakdown in negotiations, unionized BART workers went on strike, grinding the entire rail network to a disgruntled halt just in time for the Friday morning commute. Continue reading
No, not the original Star Trek cast: BART employees, circa early 1970s (courtesy of BART.gov)
Bay Area traffic might suck, but Bay Area traffic without BART sucks a whole lot more.
It’s a fact that was made painfully clear in early July to the hundreds of thousands of Bay Area workers who were subjected to cruel and unusual commute conditions created by a strike and system-wide shutdown of the 104-mile regional transit system.
And now, as another BART strike looms, Bay Area commuters are again faced with the prospect of horrendous traffic conditions on the horizon.
Love it or hate it, it’s hard to deny the essential role BART plays in moving the Bay Area. Continue reading
Includes interactive maps/charts
As Bay Area commuters once again brace for the possibility of a prolonged BART strike and look to alternative transportation means, it seems apropos to feature this innovative multimedia piece: a collection of some of the region’s major public transit lines and the dramatic income disparities that exist among the communities living along those routes. Continue reading
Includes links to multimedia resources
Remember when you were a kid fighting with your siblings at the dinner table and your mom warned that if you couldn’t get along then no one got dessert?
That, in a nutshell, is essentially what’s going on with the federal government shutdown — the first in 17 years — that began October 1. Only instead of a bunch of whiny little kids kicking each other under the table, insert a gaggle of squabbling elected officials arguing about Obamacare, and replace chocolate cake with — oh I don’t know — little treats like national parks and NASA, and you’ve pretty much nailed down the current meltdown in Washington. Continue reading
Includes video animations
I’m going to go out on a limb here in suggesting that the nitty gritty of the Affordable Care Act may not be the most exciting topic of conversation. But now, even as the government settles into shutdown mode, state insurance exchanges across the country are opening their virtual doors for business, offering a healthcare marketplace to the million of uninsured Americans. The Robert Wood Johnson Foundation produced this series of short animated explainers on some of the central components of the law and the programs it establishes. These are concepts that get thrown around a lot in the news but are pretty hard to grasp. So take a look (and just maybe, you’ll be the hit of the cocktail party). Also, check out KQED’s comprehensive interactive Obamacare guide to explore the topic in greater depth.
Health Insurance Exchanges
President Franklin Delano Roosevelt declares war on Japan, 1941. (AP photo)
When President Obama recently made his case for military action against the regime of Syrian President Bashar Assad, it was a sober reminder of the Commander-in-chief’s authority to send America’s armed forces into battle.
While it’s still unclear whether the United States will bomb Syria, Obama’s speech was the latest in a long history of solemn national presidential declarations of war, or authorizations of similar military action. Since World War II, America’s increasingly powerful military has had a consistent involvement in conflicts around the world. In little over half-a-century, we’ve fought five all-out wars (Korea, Vietnam, Iraq, Afghanistan, Iraq part 2) and been involved in many more smaller military invasions. Continue reading