Global stocks and home prices are soaring, unlike the Great Recession. It shows how the Fed's quantitative easing inflated the assets the wealthy own.
"It's time for working families, the folks who built this country, to have their taxes cut," Biden said in remarks following the August jobs report.
After the August jobs report tanked, Biden said his plans to raise taxes on corporations and people earning more than $400K would revive the economy.
Those who budgeted $100,000 for a 2020 wedding are now spending twice as much on their delayed weddings - and it's boosting the economy.
To become rich, you need to be picky about what you read. Author of "Rich Habits" Tom Corley shares the kind of books successful people read.
Wolf Point East and Norweta are home to luxury apartments where rent reaches $15,000 to $20,000 per month.
Americans now believe it takes $1.9 million to be considered wealthy, according to a Charles Schwab report. In 2020, it was $2.6 million.
The richest 100 Americans have gotten richer in Biden's first 100 days, Bloomberg found, but he says it's time for them "to pay their fair share."
According to a report from the Institute on Taxation and Economic Policy, the bottom 99% of Americans would see essentially no change to their taxes.
Sen. Elizabeth Warren is holding a hearing to discuss her wealth tax - something Abigail Disney supports to hold her income bracket accountable.
Vaccines have been unevenly distributed, according to Bloomberg. The wealthiest countries are vaccinating at 25 times the rate of poorer countries.
Gov. Andrew Cuomo finalized a proposal Tuesday that puts a 13.5% to 14.8% local and state tax on New York City's highest earners.
Waldorf Astoria has unveiled its Ithaafushi private island in the Maldives. The island can be booked for $US75,000 a night for up to 24 guests. The hotel chain has another resort nearby, but wanted to unveil a private island for the “privileged few.” Visit Business Insider’s homepage for more stories. […]
Stanley (not his real name) is a house manager and butler for wealthy families in New York City. His job involves everything from organising bills and tracking charitable donations to taking wine cellar inventory and making sure everything inch of his employer’s home is spotless and dust-free. Over the years, […]
Christine Chiu is a producer, philanthropist, collector of haute couture, and cofounder of Beverly Hills Plastic Surgery, with her husband, Dr. Gabriel Chiu. Chiu typically attends at least 30 fashion shows a year, and tries to buy something from each (haute couture can cost over $US100,000). Her lifestyle will be […]
Axios reports that almost half of Americans are “very concerned” about rising inequality, citing a survey from research firm CivicScience. The survey found 78% of Americans are “somewhat” concerned about the rise in inequality, while 48% are “very.” As Axios notes, Morning Consult data found that, while consumer confidence has […]
There’s a new group of 800 racing pigeons up for auction after a record-breaking sale in November. They include descendants of previous record-breaker Golden Prince, and they all come from breeder Gino Clicque. Racing pigeons have picked up interest among the ultrawealthy in the past couple of years, particularly those […]