Por: Portland Press Herald Opinion November 18, 2022
Regarding yesterday’s letter the Dow Jones Industrial Average going from 1,000 to 33,436 (these numbers do not represent money) over 50 years is not a return of 3,253.6%. Using a time value of money calculation, it represents an average annual return of about 7%. And median household income going from $11,120 to $70,784 over 50 years is, using the same method of calculation, a return of about 4% per year. Furthermore, the Dow Jones Average is... + full article
MarketWatch USA Politics November 10, 2022
That’s because what’s been driving income inequality in the United States—and around the world for years—is that the very rich are getting even richer, rather than the poor getting poorer. Brett Arends: In every major region of the world outside of Europe, extreme wealth... + más
Why Income Inequality in America Hasn’t Risen in a Decade | Time
Richest 1% of Ohioans make almost as much as entire bottom half, analysis says | 10 WBNS
Forbes USA Business November 04, 2022
With the passing of the Inflation Reduction Act of 2022, corporations will be faced with the ... [+] possibility of a much larger tax responsibility. How will this affect your bottom line?getty On August 16, 2022, the Inflation Reduction Act (IRA) was signed into law. One... + más
Foreign-Parented Multinationals May Be Surprised New Corporate AMT Applies | Forbes
How Is The Dow Jones Industrial Average Actually Calculated? | Forbes
CNBC USA Business October 24, 2022
JPMorgan Chase brought its Advancing Black Wealth Tour to Philadelphia on October 8, 2022.Photo: Steven CW Taylor & Salim Weldon of Steven Taylor PhotographyA new endeavor from is trying to help close the racial wealth gap.The bank's Advancing Black Wealth Tour, launched... + más
First Literacy holds first open house in two years | The Boston Globe
'Media literacy' advocates push to create savvier consumers of news and information | Los Angeles Times
Business Insider USA Business October 03, 2022
The growth of the crypto community over the past few years has largely been focused on two distinct groups: retail and institutional investors.While the former served as the foundational base for the rise of digital assets initially, in recent years the industry has pushed to... + más
Big Banks Haven’t Warmed to Crypto. Here’s Why. | MarketWatch
Crypto CEOs are leaving their jobs. Here's why | MarketWatch
CNBC USA Business September 28, 2022
watch nowVIDEO1:2601:26Shareholders lose trillions of dollars in wealth this year as stock market sells offFalling stock markets have wiped out more than $9 trillion in wealth from U.S. households, putting more pressure on family balance sheets and spending.Americans'... + más
World Will Have Nearly 40% More Millionaires By 2026: Credit Suisse | Forbes
The typical Chinese adult is now richer than the typical European adult, a new wealth report finds | Business Insider
Forbes USA Business September 24, 2022
North America and China helped fuel an increase in global wealth last year, according to the Global ... [+] Wealth Report published by Credit Suisse Research Institute on Tuesday. Photographer: Michael Nagle/Bloomberg© 2022 Bloomberg Finance LP The world will have nearly 40%... + más
Credit Suisse's investment bankers are bracing for another case of 'rinse and repeat' as they await the bank's second strategic review in a year. Insiders describe an environment of uncertainty and cynicism toward leadership. | Business Insider
Credit Suisse bankers are preparing for 'Uli the Knife' to carve up the investment bank. | Business Insider
Business Insider USA Business September 23, 2022
A major new report from investment banking and wealth management giant Credit Suisse has found that the average Chinese adult is now wealthier than the average European.Although North America and Europe together account for 57% of total household wealth globally, China is... + más
What to know about Queen Elizabeth II's wealth, and the future of the British monarchy's finances | ABC News
Report: Chinese delegation barred from queen's coffin | ABC News
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