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4 mins read

Some boomers aren't waiting to die to pass on their wealth — their millennial kids need it now

Financial planners say more boomers are proactively passing on their wealth as their millennial kid…

Kelsey Vlamis   


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3 mins read

India and China to drive new wealth creation globally, Asia to contribute 30% of new wealth, says BCG report

India is well positioned to be a driver of greater wealth, according to a global wealth report by B…

ANI   


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2 mins read

Jennifer Sor   


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2 mins read

Most developed countries are set to gain more millionaires in the next 5 years with 2 big outliers

Both countries had an influx of wealthy people moving in, but with changes in taxes and other issue…

Lian Kit Wee   


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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

Spouses mostly women — could inherit $9 trillion from their partners in the next 25 years

Some of this money could go toward women's causes. But not all women can inherit from their husband…

Lian Kit Wee   


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2 mins read

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…

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4 mins read

A boomer dad who's 6 months away from retirement has already started gifting his Gen X and millennial kids their inheritance

A 68-year-old boomer says he's passing his wealth down to his adult kids now when they need it most…

Kelsey Vlamis   


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3 mins read

A basic income program helped struggling kids enjoy huge success — and even become Olympians

A basic income program in rural Romania put one child on the path to jobs at Electronic Arts and Mi…

Theron Mohamed   


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3 mins read

Meet a boomer with no retirement savings — and no regrets

Nancy has lived her life by her values. But she's a little worried about what will happen when she …

Juliana Kaplan   


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2 mins read

Russia's war economy is so hot that at least 12 of its oligarchs received $11 billion in dividends over 15 months

The biggest winners from the dividend payouts were commodities exporters, Bloomberg reported.

Huileng Tan   


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8 mins read

Why Gen Zers aren't leaving the nest

Young people are living at home and relying on their parents for money well into their 20s. Their p…

Eve Upton-Clark   


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2 mins read

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   


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4 mins read

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…

Business Insider Latest Story Image
2 mins read

This soccer star who came from nothing has been funding universal basic income in his hometown for years

Sadio Mané gives about $76 a month to everyone in a "very poor region of Senegal" and has also fund…

Theron Mohamed   


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3 mins read

A comprehensive guide to retirement planning in India: Secure your future

Retirement is often compared to a long vacation in Las Vegas: the aim is to enjoy it to the fullest…

Business Insider Latest Story Image
4 mins read

Universal basic income has gone from utopian vision to economic reality. Here's what you need to know about UBI.

Universal basic income is quickly gaining traction, with several trials and some famous proponents …

Theron Mohamed   


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3 mins read

A single mom who made $55,000 last year working 3 jobs says she's struggling to pay the bills but doesn't qualify for SNAP or affordable health insurance

A single mom who made $55,000 last year across three jobs says she can't pay the bills and doesn't …

Jacob Zinkula   


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2 mins read

Trump's trade and immigration policies are an 'elixir for stagflation' that could tip the US into recession, JPMorgan strategy chief says

A Trump election victory could trigger a policy shock to the economy, as his immigration and tariff…

Filip De Mott   


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6 mins read

Meet the boomers cashing in on the golden age of retirement

For a certain cohort of retirees, retirement has meant financial stability and peace of mind.

Juliana Kaplan