Here are the top headlines for this week.
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Bold Biz: Weekly Headlines, July 25

BoldTV contributor, Halle Hyman, joins Nick Cioffi from Gen FKD to discuss this weeks headlines

Posted by BoldTV on Tuesday, July 25, 2017

Expensive hobbies?

Our first headline comes to us from Nick Cioffi, and it’s titled, “Can your hobbies be predicted by your income?”
According to the American Time Use survey conducted by the Bureau of Labor Statistics, it turns out we can get a good, sizeable snapshot of which income brackets enjoy which hobbies. Some hobbies, such as hunting, dancing and playing sports, are evenly distributed across all income brackets.

Some activities were found to be enjoyed heavily by the richer and poorer ends of the spectrum. Golfing, racquet sports and attending performing arts are shown by the data to be predominantly enjoyed by richer-than-average participants. In contrast, poorer-than-average participants engaged in tobacco and drug use, listening to the radio and watching religious tv.

Reeling in the students

Our next headline comes to us from The Wall Street Journal and is about colleges reining in tuition. Recently, college enrollment has been on the decline, partly because a healthy job market translates into fewer people going back to school, so colleges are now offering discounts.

Less demand means fewer tuition hikes. Tuition in higher education rose less than 2 percent last year, which more or less matches inflation. According to the Labor Department, tuition rose an average of 6 percent a year from 1990 until last year, rising a total of 161 percent since 1990.

Keep a straight face

Our last headline is from Fast Company and sheds light on how Disney’s next movie could also be watching you. Disney research has developed a neural network that watches an audience as they watch a film. The system tracks reactions such as smiling and laughter, and it helps the company figure out how their film is faring from the audience’s reactions in a dark theater. Disney is not the only company pioneering artificial intelligence in media — Microsoft and Snap also are rolling out similar technologies.

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Posted 07.31.2017 - 05:14 pm EDT