No, America’s billionaires didn’t get $434 billion richer during the pandemic — quite the opposite, in fact

A study says America’s billionaires gained $434 billion in wealth during the crisis. A more sensible way of looking at the numbers show they lost nearly that much......»»

Category: topSource: marketwatchMay 22nd, 2020

Billionaires In US Have Grown $434 Billion Richer During Pandemic

Billionaires In US Have Grown $434 Billion .....»»

Category: worldSource: nytMay 23rd, 2020

US billionaires got $434 billion richer during the pandemic, according to report

Budrul Chukrut/SOPA Images/LightRocket via Getty Images US billionaires saw a major boost in net worth in the first two months of the coronavirus pandemic, ac.....»»

Category: topSource: businessinsiderMay 22nd, 2020

American billionaires have gotten $280 billion richer since the start of the COVID-19 pandemic

New York’s daily coronavirus<…; death toll dropped to below 400, less than half of the deaths recorded at the Details on developments in the coronavirus outbreak in New York: ___ THE... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 27th, 2020

Only 9 of the world’s top 100 billionaires have gotten richer during the coronavirus pandemic — and all of them are Chinese

In just two months, the masters of the economic universe have lost more than $400 billion......»»

Category: topSource: marketwatchApr 6th, 2020

Only 9 of the world’s top 100 billionaires have gotten richer during the pandemic — and all are Chinese

In just two months, the masters of the economic universe have lost more than $400 billion......»»

Category: topSource: marketwatchApr 6th, 2020

All the things George W. Bush said we should do to prepare for a pandemic that Donald Trump ignored

Ron Sachs-Pool/Getty Images, Saul Martinez/Getty Images In 2005, President George W. Bush unveiled an ambitious $7.1 billion plan to get America ready for a possible pandemic. "A pa.....»»

Category: topSource: businessinsiderMay 30th, 2020

US billionaires have increased their net worth by $485 billion during the last 10 weeks of the pandemic, report says

AP Photo/Lefteris Pitarakis US billionaires added almost half a trillion dollars to their collective wealth during the past 10 weeks, a report by the Institute for Policy Studies claims. US billionaires were worth a collective $3.439 trillion as of Ma.....»»

Category: topSource: businessinsiderMay 29th, 2020

United Airlines posts quarterly loss, shores up $9.6 billion in liquidity

United Airlines Holdings Inc on Thursday posted a first-quarter loss of $1.7 billion, including charges against investments in Latin America that have soured as the coronavirus pandemic jolts travel industries worldwide......»»

Category: topSource: reutersApr 30th, 2020

America"s Super-Rich See Their Wealth Rise $282 Billion In Three Weeks Of Pandemic

America's Super-Rich See Their Wealth Rise $282 .....»»

Category: blogSource: zerohedgeApr 29th, 2020

9 mind-blowing facts about America"s richest people

Alan Crowhurst/Getty Images The rich keep getting richer. Some of America's richest have already grown their wealth by billions in 2020 during the coronavirus pandemic, according to a new report .....»»

Category: topSource: businessinsiderApr 29th, 2020

8 of America"s richest people have added billions more to their wealth in 2020 — even during the coronavirus pandemic

John Raoux/AP Images Thirty-four of America's wealthiest billionaires have seen their net worths increase by millions in 2020, according to a new report by the left-le.....»»

Category: topSource: businessinsiderApr 24th, 2020

"The Default Cycle Has Officially Started"

"The Default Cycle Has Officially Started" We didn't really need any more confirmations. In recent weeks, as the US economy came to a screeching halt because of the coronavirus pandemic, we have seen banks take over $20 billion in reserves .....»»

Category: blogSource: zerohedgeApr 19th, 2020

Bank of America profit nearly halves as loan loss provisions soar

Bank of America Corp recorded a 48.5% fall in quarterly profit on Wednesday, as it set aside $3.6 billion in provisions to cover for potential lossses tied to the coronavirus pandemic......»»

Category: topSource: reutersApr 15th, 2020

Why America"s $800 billion trucking industry was left out of the $2 trillion stimulus bill

Carlos Barria/Reuters America's largest trucking companies were not included in the $2 trillion stimulus bill signed into law by President Donald Trump last month. There's a simple explanation: The biggest players didn't want one, .....»»

Category: topSource: businessinsiderApr 14th, 2020

MarketWatch First Take: Don’t worry about your IT bills, Cisco and HPE tell corporate America

Cisco Systems Inc. is making $2.5 billion available through its financing arm, to help customers keep buying its tech products during the COVID-19 pandemic, with big payment reprieves until next year......»»

Category: topSource: marketwatchApr 14th, 2020

The world"s wealthiest people are losing billions in the coronavirus pandemic — except for Jeff Bezos, who has added $6 billion to his fortune in 2020 as Amazon sales surge

REUTERS/Michele Tantussi Amazon CEO Jeff Bezos is the only one of the world's five richest people that hasn't lost money in 2020, the Bloomberg Billionaires Index shows. Bezos made nearly $6 bill.....»»

Category: topSource: businessinsiderMar 31st, 2020

The world"s 2,153 billionaires are richer than 4.6 billion people combined, Oxfam says

Clodagh Kilcoyne/Reuters The world's 2,153 bill.....»»

Category: topSource: businessinsiderJan 20th, 2020

This is how the 5 youngest billionaires in America spend their time and money

Jamie McCarthy/Getty Images The five youngest billionaires in America have a combined net worth of $28.5 billion, according to the Forbes Real-Time Billionaires Index. Of those five,.....»»

Category: topSource: businessinsiderJan 6th, 2020

America"s biggest companies that didn"t exist 10 years ago

Rome was not built in a day — and neither are multi-billion dollar corporations......»»

Category: topSource: moneycentralDec 28th, 2019

Billion-dollar companies that didn"t exist 10 years ago

Many of the companies we rely on daily are less than 10 years old. Stacker has looked at the current valuations of the largest companies in America to compile a list of 20 billion-dollar companies that did not exist 10 years ago......»»

Category: topSource: moneycentralNov 18th, 2019