It"s been almost 100 years since the 1 percent had this much wealth
A study puts wealth inequality in a historical perspective......»»
World"s rich grow richer as bull markets roar on: study
Personal financial wealth swelled 12 percent last year to nearly $202 trillion, the strongest growth in five years as bull markets and the dollar's weakening against most major currencies boosted global fortunes, a study showed on Thursday......»»
It"s been almost 100 years since the 1 percent had this much wealth
A study puts wealth inequality in a historical perspective......»»
It"s been almost 100 years since the 1 percent had this much wealth
A study puts wealth inequality in a historical perspective......»»
Miami wealth management firm expands to Houston
The move follows the firm's acquisitions of major assets from PNC and Citigroup in recent years......»»
Josh Brown On Apple: "Maybe The Greatest Business In The History Of Mankind"
Apple Inc (NASDAQ: AAPL) will ultimately reward long-term investors, Ritholtz Wealth Management CEO Josh Brown said Tuesday on CNBC's "Fast Money: Halftime Report." Over the last five years, Apple's stock has been compounding at an.....»»
Here"s why a jump in capital gains taxes doesn"t spell the end for stock market gains, according to the world"s largest wealth manager
Stocks rose in 2013 and 1987 after the capital gains tax rate was raised, but there have been declines in other years. Lucas Jackson/Reuters Stocks are able to show positive returns e.....»»
Inside Goldman Sachs" big wealth management and consumer banking push
Goldman Sachs has in recent years tried to reshape itself as a bank that can count someone with just $1,000 to .....»»
These 2 charts show how the racial wealth gap has gotten even wider over the years
White households in total held $103.4 trillion of wealth in the last quarter of 2020, a $9.58 trillion gain from the end of 2019. People line up to receive unemployment benefits. John Sommers II/Getty Images .....»»
Homeownership grant seeks to boost Black home buying
TOWN SQUARE | The grant is part of Chase’s $30 billion Path Forward commitment to help close the racial wealth gap. The goal is to help an additional 40,000 Black and Latino families become homeowners over the next five years......»»
Elizabeth Warren says the ultra-rich should be audited every 3 years
Sen. Warren made the case for more IRS auditors as part of her pitch for a 2-3% annual tax on the wealth of America's ultra-rich. Felipe Castro holds a sign advertising a tax preparation of.....»»
How Global Health And Wealth Has Changed Over Two Centuries
How Global Health And Wealth Has Changed Over Two Centuries At the dawn of the 19th century, global life expectancy was only 28.5 years. Outbreaks, war, and famine would still kill millions of people at regular i.....»»
The elite"s favorite status symbols have become way more expensive over the past 20 years
Education and health became status symbols with the rise of "discreet wealth" in the 2000s. They've also far outpaced the rate of inflation. The elite have turned towards investing i.....»»
Jeff Bezos has taken back the title of the world"s richest person after a drop in Elon Musk"s wealth
Bezos held the top rank for over three years until Musk nabbed the top spot last month after surging Tesla shares boosted his net worth. Jeff Bezos......»»
Raleigh wealth management giant Captrust aims for heavy M&A in 2021
Raleigh-based Captrust has been making deal after deal to expand its reach in recent years, and it has no plans to slow down in 2021......»»
Black Americans donate a higher share of their wealth than Whites
Despite a wealth gap, each year, Black donors give away 25 percent more of their incomes than White donors, according to a 2012 report......»»
Black Americans donate a higher share of their wealth than Whites
Despite a wealth gap, each year, Black donors give away 25 percent more of their incomes than White donors, according to a 2012 report......»»
Bitcoin: What is halving?
Halving occurs every four years and reduces the amount of bitcoin mined in each transaction by 50 percent......»»
Latinos have the highest US unemployment, at nearly 19%
The news is a brutal blow for Latinos who had clawed their way back from the gut punch of the Great Recession, where they lost 66 percent of their household wealth......»»
U.S. unemployment rate soars to 14.7 percent, the worst since the Depression era
The labor market has entered its darkest period since the Great Depression and many analysts believe it could take years to recover......»»
Payday lenders that charge 400 percent interest want access to small-business loans
For years, payday lenders have defended their business model, including their 400 percent interest loans. Now, the industry wants access to taxpayer-funded small business loans at 1 percent interest......»»