Finder reports that Americans waste $13 billion every year buying gifts that the recipients don't want. The most interesting part of the report was the section about "spiteful gifts," that is gifts that the giver knows the recipient will dislike:
Interestingly, we found that 15% of Americans — roughly 38 million people — have deliberately bought a present knowing their recipient wouldn’t like it. Men are about four times more likely than women to intentionally gift a bad present, with 25% of men surveyed saying they’d done it in the past, versus about 6% of women.
Of the generations, Gen Xers are most likely to knowingly give bad gifts, with 22% admitting they’ve done so. That’s only slightly higher than the rate for Gen Y (18%) but 11 times higher than the rate for boomers (2%).
Those with money to burn — people earning $100,000 to $150,000 — are most likely to buy spiteful presents, with 28% saying they’d done so. That’s almost three times higher than those earning between $50,000 and $75,000 (11%) and almost five times higher than those earning between $25,000 and $50,000 (6%).
New York's luxury real-estate market has been in freefall for years, and now the city's super-luxe buildings are sitting empty -- even as property prices in the city remain stubbornly high, prompting 300 New Yorkers to move out of the city every day, and filling the homeless shelters to capacity and beyond.
Late last year, the nonprofit Internet Society abruptly announced a deal to sell control over the Public Interest Registry (which manages all .ORG domain registrations) to Ethos, a newly created private equity fund capitalized by three politically connected families of Republican billionaires. Under the deal, ISOC would get $1.135B to spend on various projects, and […]
Slate compiled a list of the 30 most evil companies in tech, starting with Mspy (#30) all the way up to Amazon (#1). I weighed in on Oracle (#17, "It takes a lot to make me feel like Google is being victimized by a bully, but Oracle managed it") and Apple (#6, "Apple won’t spy […]
Photoshop is one of the most widely used photo editing tools out there, to the point that it’s the default program designers think of whenever they need work done. Small wonder, too: The flagship software in Adobe’s creative suite is very powerful — if you know how to use it. There is a lot to […]
Bamboo fiber is a relatively new thing in luxury fabrics, but it’s no surprise it’s this snuggly. After all, pandas eat bamboo, and they constantly look comfortable. But seriously: To understand the benefits of real bamboo sheets, you have to spend a night on them. This 4-Piece Luxury 100% Rayon Bamboo Sheet Set is a […]
No chef’s arsenal is complete without a good set of knives. In fact, it’s the first big sign that you’re ready to start cooking meals as opposed to just warming them up. Here are 20 knife sets that any chef would be proud to own, from visually stunning old-world metallurgy to sleek modern cutlery. Mini […]