Megacities and creativity, luxe closets, Brazil is the social media capital of the world.

-The FT looks at how the rise of megacities is “shifting the world’s centre of gravity.”

The Wall Street Journal outlines why Brazil is “the social media capital of the universe.”

-“A global protest movement, based on social networks, is here to stay,” according to an excerpt from Paul Mason’s Why It’s Still Kicking Off Everywhere, in The Guardian.

-A study out of Rutgers found that nearly all American households have been affected by layoffs in some manner over recent years, The New York Times reports.

-Baby Boomers are the downturn’s biggest victims, reports The New York Times, as their earnings are declining as pressures to support both parents and kids increase.

-A new report on American Milliennials finds, among other things, that “the economy is having a crushing impact” on this generation, as the Washington Examiner reports.

USA Today reports that Millennials are disproportionally suffering from high levels of stress and anxiety.

-Increasingly, it’s not just women who are seeking greater workplace flexibility, according to Fast Company columnist Lisa Witter.

-A Guardian columnist spotlights the rise of local currencies and ponders whether these alternative financial systems can advance global sustainability.

The New York Times takes a look at how America’s Boomers are shaping travel trends.

The Economist spotlights the rise of mobile apps that offer last-minute hotel discounts.

-More retailers are using security cameras and other tools to closely monitor, and better understand, their shoppers, reports The Economist.

The Guardianlooks at the rise of private-label brands in U.K. grocery stores.

-American restaurant chains are offering healthier choices and reducing portions, reports The New York Times.

Businessweek says fast food chains are adding smaller bites to their menus.

-Several courses offered by online education company Coursera are now eligible for college credit.

-Fitness instructors are “the new DJs,” says The Wall Street Journal, as customers choose classes based on playlists and music labels pitch gyms.

The Wall Street Journal looks at how this year’s Grammys reflects the ways in which digital media and technology are changing the music business.

-A global study by PwC finds that not many consumers are purchasing through social media, but more are using it to connect with brands, MediaPost reports.

-A new Pew Research Center study on Facebook usage finds that two-thirds of users take long breaks from the social network, as The Guardian reports.

-A Cisco study finds that on average, mobile users worldwide doubled their data consumption year-over-year in 2012, according to GigaOM.

-A comScore study examines the potential for adoption of digital wallets by American consumers and potential barriers.

The Wall Street Journal looks at the rise of luxury closets, a “trophy accessory.”

CNN reports on “cougars in training,” young women who are dating even younger men.

-Urban yodeling is gaining popularity in Berlin, according to The Guardian