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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Financehipsters

Hipster Stuff — Like Gin — Is Now Part of Cost of Living Measurements

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Madeline Farber
Madeline Farber
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Madeline Farber
Madeline Farber
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March 15, 2017, 11:42 AM ET
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Some of the products “Hipsters” have popularized have been added to the United Kingdom’s national cost of living measurements.

According to the Office for National Statistics (ONS), as cited by Bloomberg, gin, non-dairy milk and bike helmets have been added to the list. Gin has returned after 13 years; its popularity has spiked thanks to small-batch producers and Gin festivals, Bloomberg reports. The liquor, which was once “favorite of the middle-aged suburban couple,” has now become “the staple of the younger drinker,” the ONS said, according to Bloomberg. Flavored cider was also included.

Oat, soy, and rice milk (all of which are non-dairy) were also added — reflecting the “clean eating” trend that hipster-culture has taken to, the ONS said.

The list, which is reviewed by the ONS each year, is changed or added to in order to accurately reflect the cost of living each household faces, according to Bloomberg. Overall, 11 items were removed, while 16 were added—including children’s scooters, which replaced swings.

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