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You Searched For "wealth" and got 20 results


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3 mins read

Millennial wealth is booming. It turns out avocado toast didn't tank them after all.

It turns out that, after killing off brands and choosing avocado toast over homeownership, millenni…

Juliana Kaplan   


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2 mins read

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   


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5 mins read

Welcome to the age of geriatric millionaires

Millionaires have been getting older, and holding onto their wealth for longer. It's creating a Kin…

Juliana Kaplan   


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6 mins read

New college graduates are stepping into a tougher job market. It could set their earnings back for years.

Recent college graduates are struggling to find work. Some could come to question the value of thei…

Jacob Zinkula,Andy Kiersz   


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3 mins read

South Africa's cash giveaway plan is not universal basic income, experts say

A South African program would pay too little money to too few people to qualify as universal basic …

Theron Mohamed   


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6 mins read

Forget red and blue: America's real geographic divide is between bosses and their employees

Executives in New York, call centers in Orlando: American cities are facing a growing power imbalan…

Ned Resnikoff   


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2 mins read

Putin could struggle to end the war in Ukraine because it's making some poor Russians richer

Russia's production in war-related industries rose 60% from the fall of 2022 to the spring of 2024.…

Huileng Tan   


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2 mins read

At $110 billion, Indian diaspora diverted more wealth than any other to its home country in 2022

While this is undoubtedly an impressive figure, it probably comes as no surprise, considering that …

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4 mins read

A shortage of young men in the workforce could weigh on housing, Social Security, and growth for years to come

Around 7.2 million men have dropped out of the workforce. That has a host of consequences that coul…

Jennifer Sor   


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7 mins read

America's plan to fix its economy is going to screw over the rest of the world

There's a growing gap between America's interest rates and the rest of the world. That's going to c…

Linette Lopez   


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2 mins read

How much wealth you need to be in the top 1% in countries around the world

Americans need a minimum of $5.8 million net worth to be in the top 1% of US wealth — less than hal…

Noah Sheidlower   


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2 mins read

Union households tend to have over $100,000 more in wealth than nonunion families, Federal Reserve data shows

Union households hold just over $330,000 in median wealth, but the vast majority of US workers aren…

Juliana Kaplan   


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5 mins read

Saudi Arabia's Neom dreams are starting to crack under financial pressure

The kingdom has struggled to attract the levels of foreign investment it needs to fully realize its…

Beatrice Nolan   


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4 mins read

Kenya is experimenting with universal basic income. Here's what the US could learn about no-strings payments.

Kenya's universal basic income program, which will continue through 2030, is offering no-strings ca…

Allie Kelly   


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1 min read

US millionaires are having a moment

The US added half a million millionaires in 2023, a Capgemini report said. Better markets fueled by…

Alex Bitter   


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3 mins read

Why lifestyle creep can cause HIFIs to spend 'every cent they make,' according to a financial planner

Many Americans feel financially insecure and spend a fortune to appear wealthy, a financial planner…

Allie Kelly   


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4 mins read

It finally looks like the US economy is sticking its soft landing

A soft landing is here or in sight, depending on who you ask, based on inflation data, jobs data, a…

Madison Hoff   


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3 mins read

A Texas HIFI couple made $200,000 last year. Their budget for vacations and restaurants keeps shrinking despite 'making more money than ever.'

Joe, 38, lives in Austin and his household makes over $200,000 a year, but he feels financially ins…

Allie Kelly   


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2 mins read

Millennials and Gen Z saw their wealth balloon during the pandemic

It turns out that the pandemic's economic situation was pretty good for younger Americans' net wort…

Juliana Kaplan   


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1 min read

11 signs of 'over-the-top' wealth and luxury I spotted in Arizona's millionaire enclave

I recently visited the two wealthy suburbs and learned that the luxury lifestyle goes beyond desert…

Joey Hadden