PR Newswire Broadcast Minute and Podcast for Tuesday, January 8, 2008
How Much Does It Take to be Rich? The Wealthy Say At Least $5 Million
How much money does it take to be considered rich? It turns out that onemillion dollars just doesn't cut it, anymore.
In fact, rich today requires at least five million dollars, according to anew survey of affluent households, defined as those with investable assets of500-thousand dollars or more. When asked how much money it takes to be rich,45 percent chose five million, 25 percent selected 25 million, and eightpicked 100 million, according to the research by Millionaire Corner, a newlylaunched website powered by Spectrem Group. Only 22 percent said one milliondollars is enough to be rich.
2007 Online Holiday Shopping Season Surpasses $29 Billion in Sales, Up 19Percent Versus Year Ago
comScore has released its final update of holiday season e-commercespending for the 2007 holiday season. 29-point-two billion dollars was spentonline during the holiday season, marking a 19-percent gain versus the sameperiod last year.
Video games, consoles and accessories was the fastest growing onlineretail category, jumping 129 percent versus the 2006 holiday season, withpopular consoles like Nintendo Wii (wee) and Sony PlayStation and games likeHalo Three driving strong sales in the category. Furniture, appliances andequipment, event tickets, and consumer electronics also experienced aboveaverage growth.
1 Million Youth in America with Hearing Loss May be Left Behind, NationalSurvey Finds; Even 'Minor' Hearing Loss Causes Major Problems
An estimated one-point-four million youth have hearing loss, but only12 percent wear hearing devices, according to a national study released by theBetter Hearing Institute.
Untreated hearing loss among young people was shown to lead to social,emotional, behavioral, and learning difficulties, according to the study.Three out of four parents indicated their child experienced "minor" to"serious" problems due to their hearing loss. The most serious problemsexperienced were social skills, grades in school and language development,emotional health, relationships with peers, self-esteem, and relationshipswith family.
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SOURCE PR Newswire
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