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The US economy is in a 'selective recession' as lower-income consumers struggle and high-income households see huge wealth creation, JPMorgan strategist says
The top 10% of Americans have gained a whopping $30.5 trillion in wealth since 2020, according to F…
Jennifer Sor
As India’s income inequality worsens beyond British-era levels, majority want to tax the rich, study reveals
A study by the World Inequality Lab has shown that Indian billionaires already own a disproportiona…
Americans who locked in a job, home, and stocks are thriving. Everyone else missed out on their ticket to wealth.
Americans who locked up jobs, homes, and stocks a few years ago have seen their wealth balloon. Eve…
Jacob Zinkula,Madison Hoff
Record drop in future unicorns as funding winter, regulatory actions bites startup valuations
The number of unicorns — startups valued at over USD 1 billion — slipped by one to 67 in 2023. The …
PTI
Could India host 200+ unicorns in next five years? Hurun index identifies 46 gazella and 106 cheetah startups
India's startup ecosystem is thriving with 67 unicorns as of 2024, with 152 startups poised to achi…
7 US tech billionaires have seen a $230 billion surge in wealth this year as stocks soar on the promise of AI revolution
Jensen Huang's 3.5% ownership stake in Nvidia has added a massive $50 billion to his net worth so f…
Matthew Fox
Stock market today: US stocks trade mixed with Fed minutes and rate outlook in focus
The Fed meeting minutes will be published later on Wednesday. Alphabet dipped about 1% as the DOJ i…
Jennifer Sor
Gautam Adani tells us what shines better than wealth - his granddaughter's eyes
No wealth can match the shine of these eyes, said Adani Group Founder and Chairman Gautam Adani, ab…
Sharp rally in markets makes investors richer by Rs 12.48 lakh crore in morning trade
New Delhi, Investors' wealth jumped Rs 12.48 lakh crore in morning trade on Monday as the benchmark…
PTI
Sensex, Nifty extend gains to scale fresh peaks on firm global cues
Rallying for the ninth straight session, the 30-share BSE Sensex climbed 231.16 points or 0.28 per …
PTI
India’s ‘wealth wave’ and the stocks that are poised to gain from it
Indians are saving better, if not saving more. A lot of Indian savings are being directed to equiti…
The rising de-dollarization trend is a risk to US stocks, Morgan Stanley wealth CIO says
Morgan Stanley's wealth CIO Lisa Shalett said investors should prepare for a "US dollar regime shif…
Yuheng Zhan
The biggest threat to the US dollar is America's exorbitant debt load, JPMorgan says
The dollar's dominance could be eroded if the US doesn't address certain domestic issues, JPMorgan …
Filip De Mott
Top 25 richest people in India in 2024
India has the third highest number of billionaires in the world, behind the US and China. The count…
The UAE is set to be the world's 'wealth magnet' this year, with 6,700 millionaires expected to move there
Millionaires are flocking to one place above all the rest this year: the UAE, a new report by wealt…
Kiera Fields
The US risks being caught off-guard by a recession with the labor market far weaker than most realize, strategist says
Recent US unemployment figures included temporary government jobs that may disappear after Septembe…
Filip De Mott
Most US millionaires don't consider themselves 'wealthy,' study finds
A new study found that only 32% of US millionaires surveyed see themselves as "wealthy," with many …
Joshua Nelken-Zitser
Markets crash: Investors' wealth erodes by ₹2.25 lakh crore
"Markets failed to capitalise on the firm start despite upbeat US and European cues and crash…
PTI
India's Independence Day celebrated with fervour across New York City
New York City celebrated India's 78th Independence Day with various events, showcasing strong bilat…
PTI
OpenAI CEO Sam Altman pledges to give away the majority of his wealth
OpenAI CEO Sam Altman and his partner, Oliver Mulherin, are among the latest to sign the Giving Ple…