The wealth of the top 1% may have peaked

LEE SHAU KEE moved to Hong Kong from mainland China in 1948, the year before China’s Communist Party seized control. In 1976 he set up a property company, Henderson Land Development, which helped to develop the tallest building on Hong Kong island and the hotel where Edward Snowden spilled America’s national-security secrets. Mr Lee is […]

Cellphone and internet adoption may have peaked in the US

There’s no question that technologies like cellphones and internet access have become ubiquitous, but they now appear to be hitting their peak in the US. Pew Research Center’s latest technology study has shown that key categories technological adoption has gone virtually unchanged since the last study in 2016, suggesting they’ve hit saturation points. Much like […]

Has the PS4 peaked? Annual console shipments are flat for 2017 [Updated]

Update: The original piece below conflated console shipments to stores with actual sales of consoles to consumers. All the numbers discussed in this piece are shipment figures as reported by Sony in quarterly earnings reports. Other reports focused on sellthrough show slight growth for the PS4 in 2017, owing to differences in when units are shipped […]

Divorce rate: Splits in Britain PLUMMET by more than a third since numbers peaked in 2003

GETTY – STOCK IMAGE A 34 per cent drop in the number of relationship breakdowns has been recorded A 34 per cent drop in the number of relationship breakdowns in the last 12 years was recorded by the Office of National Statistics. The annual rate was also down with 101,055 divorces of opposite sex couples […]

San Francisco’s housing market may have peaked

Shutterstock The signs and numbers are already lining up. According to Federal Housing Finance Agency data on our glorious Housing Bubble 2, house prices are doing what they’ve been doing for years: they’re surging. In the first quarter, they rose 6.0% year-over-year. “The steep, multi-year rise in U.S. home prices continued in the first quarter,” explained […]