Lifestyle

Some toddler birthday parties now cost as much as weddings. Parents are dropping hundreds of thousands — because their kids only turn 3 once.

A 1-year-old recently had a Luxembourg Gardens-inspired birthday party in Washington, DC, that cost six figures to throw. It’s not uncommon for wealthy parents to spend $US50,000 or more on swanky soirees for their kids thanks to social-media pressure to outdo one another. Parents want custom-everything nowadays for their bashes, […]
Some toddler birthday parties now cost as much as weddings. Parents are dropping hundreds of thousands — because their kids only turn 3 once.
Markets

How much of the income in each state is earned by the top 1%

The United States’ superrich population contributes to the country’s huge wealth disparity, as the 1% earns a massive amount of their states’ total incomes. According to data from the Economic Policy Institute, the amount of income in each state earned by the 1% ranges from 11.3% to 31.0%. Additionally – […]
How much of the income in each state is earned by the top 1%