The rich aren’t just getting richer. They’re getting there faster than the rest of America’s workers. During the last economic expansion, from 2009 to 2019, average yearly wages for the
by Jmoney1932 As Billionaires get richer, American People are still suffering in terms of rent, losing their jobs, and failing to pay taxes.
Tesla's Elon Musk is now richer than Warren Buffett: The 49y old owns about a fifth of Tesla’s outstanding stock, which comprises the bulk of his $70.5bn fortune. His majority
$6 trillion / 330 million people = $18,000 a person If you aren’t $18,000 richer after all is said and done, don’t worry, someone else is. — Nick Maggiulli (@dollarsanddata)
by Ryan McMaken via Mises In the wake of the Brexit vote, Scottish nationalists have renewed their calls for a new referendum on Scottish independence. But many remain unconvinced, and many claim Scotland is “too
via wallstreetonparade: As Wall Street On Parade has previously reported, JPMorgan Chase has been fingered as the bank that contributed to the Federal Reserve having to intervene in the overnight loan
A joint report by UBS and PWC showed that world’s billionaires’ wealth enjoyed its greatest-ever increase last year, hitting $8.9 trillion shared among 2,158 individuals. “The past 30 years have
via Bloomberg: In Hong Kong, a city of property superlatives, add this one: World capital of flipping office floors. Logistics heir Johnny Cheung Shun-yee made roughly HK$900 million ($115 million)