Small talk: Quiet flying, NYC taxi lights, exam answers
The news that didn't quite make the headlines. This week: ?Virgin's Upper Class Dream Suite, New York taxis get new lights, and funny exam questions.
Home Prices Jump Again. Are We Out of the Woods Yet?
Home prices as measured by the S&P/Case-Shiller Home Price Index jumped 6.8% year-over-year last December, closing out 2012 with a strong showing, as they’d risen 5.5% on the same basis the month before. Prices rose in 19 of the 20 metro areas tracked by the index, with only New York City as an outlier. (Gothamites, realize that the NYC data excludes co-op and condominium apartments, tracking instead the price of single-family homes in the metro area). Especially stunning is the fact that except for Chicago (up 2.2%), Cleveland (up 2.9%), and Boston (up 3.6%), all of the metro area gains recorded were greater than 5%. On the high end, Detroit housing prices rose 13.6% year-over-year, while San Francisco zoomed 14.4%, and Phoenix roared up 23%. Nationally, the index (which showed 15 years of house price increases up to its peak early in 2006) is now back to the levels of summer 2003. So is the housing slump over yet? (MORE: Haven’t Saved Enough for Retirement? Here’s How to Catch Up) ...
Video: NYC Toys "R" Us to stay open 543-hours straight
Ports of Los Angeles and Long Beach continue to strike, Delta Airlines is looking to buy a 49 percent stake in Virgin Atlantic Airlines, and the Times Square Toys "R" Us store in New York City will be open for 543 hours in a row. Ashley Morrison reports.
Found more than 1 month ago on channel CBS
New test in New York means new test prep
Tuesday, October 9, 2012 - 02:13 FREDERICK FLORIN/AFP/GettyImages When there's a new standardized test, it means sleepless nights for parents -- and a new demand for test prep. OK everyone, books away, phones off. Time for a pop quiz. First question is: What now makes up two thirds of a student’s score on New York City’s gifted and talented test? Oh, so sorry. Time’s up. The NNAT, or Naglieri Nonverbal Ability Test will now make up two thirds of a student's score on New York City's gifted and talented test. Next: Describe a question on the new test, keeping in mind it is non-verbal. In the back -- Ms. Rheault? “Umbrella is to rain, as what is to snow?” An example of a sample NNAT test prep question (TestingMom.com) That’s correct. Nice work -- Suzane Rheault, CEO of tutoring company Aristotle Circle. Everyone, Ms. Rheault was describing the pictures that will appear in the new test. Next: What does all this mean for test prep companies? In the front -- Bige Doruk -- CEO of Bright ...
Death of the PC, the Winklevii's other Social Network, and tech ed in New York
Tuesday, September 18, 2012 (All day) Christopher Furlong/Getty Images No one knows exactly what computers will look like in just a few years. The personal computer is dead. So says a fresh headline . I smell hyperbole, but the evidence is that now more memory chips are going into mobile devices than are going into desktops or laptops. The real world lessons here for kids who want to make tech a career? Bedrock assumptions are smashed every couple of years, and we have no idea what the computers of the future will look like. But they can prepare. The New York Public School's Software Engineering Academy opened its doors to around 130 high school freshmen just the other day. Some of New York's venture capital-types pushed for it, figuring a center of tech needs a supply of bright minds. Like 13 year-old Rahat Kahn of the Bronx, who comes in on the number 6 train loaded with such enthusiasm for tech, that he said he can’t live without it. He knows this because one day the power ...