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The reason many ultra-rich people aren’t satisfied with their wealth

As the number of millionaires and billionaires in the world climbsever higher, there are a growing number of people who possess more money than they could ever reasonably spend on even the lushest goods......»»

Category: topSource: moneycentralDec 5th, 2018

China is minting a billionaire every three days as tech boom unlocks "stealth wealth"

Shutterstock The total number of billionaires reached 2,158 last year, up 9% from 2016, according to a new report from UBS and PwC.  The growth was fastest in Asia, with China minting roughly one new billionaire every three days. Asian billiona.....»»

Category: topSource: businessinsiderOct 26th, 2018

5 things to watch for in Friday"s monthly US jobs report

The monthly jobs report provides a wealth of information beyond just the number of job added and the unemployment rate. Here are five things to watch in Friday's jobs report for September:.....»»

Category: topSource: moneycentralOct 4th, 2018

Hong Kong is now the city with the most super-rich people in the world — and it shows how the world outside of the US and Europe keeps getting richer

Mike Fiala/AP Hong Kong is now the city with the most super-wealthy people in the world, unseating New York City. A new report from Wealth-X showed that the countries with the f.....»»

Category: topSource: businessinsiderSep 7th, 2018

New York Is No Longer the Top City for the Ultra-Rich

The number of ultra-rich worldwide rose 13% last year, according to Wealth-X. New York has lost its crown as home to the most ultra-rich people, beaten out by the rising tide of extreme wealth in Asia. Hong Kong surpassed the Big Apple as the ci.....»»

Category: europeSource: fortuneSep 6th, 2018

Crazy rich Asia: Home to the fastest-growing pool of wealth in the world

This summer's box-office hit "Crazy Rich Asians" highlighted a wider wealth trend across the region, according to a new Wealth-X report......»»

Category: realestateSource: cnbcSep 6th, 2018

India"s billionaire count to swell to 357 by 2027: Report

According to AfrAsia Bank Global Wealth Migration Review, India currently has 119 billionaires, and this number is expected to swell to 357 by 2027......»»

Category: topSource: business-standardMay 23rd, 2018

The "lost generation" of millennials born in the 1980s may never be as rich as their parents

Millennials face unique financial struggles compared to previous generations. Millennials born in the 1980s are at the risk of becoming a "lost generation" that accumulates less wealth during their lives, according to a new report........»»

Category: topSource: moneycentralMay 22nd, 2018

Goldman"s $1 billion bankers are benchmark in Asia"s wealth race

The number of Credit Suisse Group AG client-facing executives in Asia fell 8 percent last year, according to the Swiss bank's annual report.....»»

Category: topSource: business-standardMay 7th, 2018

For rich and poor Indians alike, diabetes epidemic shows no sign of abating

Diabetes prevalence has increased by 64% across India over the past quarter-century, according to a November 2017 report.....»»

Category: topSource: business-standardApr 16th, 2018

Cannabis Stocks Move Amid Report Cuomo Will Propose To Legalize Recreational Marijuana

A number of cannabi.....»»

Category: blogSource: benzinga6 hr. 31 min. ago

Here"s how much money to save if you want to retire "rich"

Want to accumulate enough money to retire "rich" or even get "rich enough to retire early"? Wealth manager and bestselling author David Bach offers a formula that can help......»»

Category: topSource: moneycentralDec 11th, 2018

Economic Report: U.S. job openings rise slight to just over 7 million and remain near record high

The number of job openings in the U.S. rose slightly in October to just over 7 million and clung close to a record high, signaling that companies are still seeking to hire more workers to keep up with rising sales......»»

Category: topSource: marketwatchDec 10th, 2018

Household Wealth Hits A Record $109 Trillion... There Is Just One Catch

In the Fed's latest Flow of Funds report released at noon tod.....»»

Category: blogSource: zerohedgeDec 6th, 2018

Economic Report: Jobless claims fall to 231,000 after Thanksgiving, but still near 5-month high

The number of Americans applying for unemployment benefits fell slightly at the beginning of December, but they remained near a five-month high......»»

Category: topSource: marketwatchDec 6th, 2018

France Weighs Reviving Wealth Tax in Bid to Placate "Yellow Vests"

The French government is weighing whether to reinstate a wealth tax, a key demand of yellow vest protesters who accuse President Emmanuel Macron of favoring the rich over the working class......»»

Category: topSource: wsjDec 6th, 2018

It"s An Extremely Busy Week Ahead: Here Are The Highlights

While markets are still digesting the outcome from the Trump-Xi meeting, attention will quickly turn to a number of potentially interesting  events  for  markets  including  the  OPEC/OPEC+  meeting, the November jobs report in t.....»»

Category: blogSource: zerohedgeDec 3rd, 2018

Miscalculation: China Building More Nuclear Subs Than Pentagon Estimated, Report

Some of America's most influential think tanks and the Pentagon have likely underestimated the number of Chinese nuclear submarines under construction, a new report suggests.  Satelli.....»»

Category: blogSource: zerohedgeNov 30th, 2018

Number of U.S. Children Without Health Insurance Grew in 2017 for the 1st Time in Almost a Decade

According to a new report from Georgetown University’s Center for Children and Families. The economy is strong, unemployment is down, and yet the number of uninsured chi.....»»

Category: europeSource: fortuneNov 29th, 2018

Economic Report: Jobless claims hit 6-month high of 234,000 — government fine-tuning for Thanksgiving likely to blame

The number of Americans who applied for unemployment benefits in the week of Thanksgiving rose to the highest level in six months. But the recent upturn might stem from holiday-season hiccups or other temporary factors, and it could be reversed soon......»»

Category: topSource: marketwatchNov 29th, 2018