Tag

Wealth

All articles tagged with #wealth

Wealthy Americans Shift from Stocks to Cash Amid Economic Uncertainty

Originally Published 8 days ago — by Yahoo Finance

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Source: Yahoo Finance

Mega-rich Americans are shifting their wealth away from stocks and bonds towards cash and alternative investments, driven by market volatility and inflation fears, with notable figures like Warren Buffett and Peter Thiel increasing cash reserves and diversifying their portfolios.

Earning $1 Million: The Cost of Setting Boundaries with Loved Ones

Originally Published 14 days ago — by Business Insider

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Source: Business Insider

Kimanzi Constable shares how reaching $1 million in wealth led to strained relationships with friends and family, prompting him to set healthy financial boundaries through therapy and ultimately prioritize his mental health and financial future over superficial relationships.

AI Boom Creates Record Number of Young Billionaires in 2025

Originally Published 16 days ago — by The Guardian

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Source: The Guardian

The AI boom in 2025 has significantly increased the wealth of US tech billionaires, adding over half a trillion dollars, with Elon Musk leading the gains as his net worth surpasses $645 billion, driven by AI investments and stock market growth, while other tech leaders like Larry Page, Jeff Bezos, and Jensen Huang also saw substantial increases.

U.S. Economy Booms with 4.3% GDP Growth in 2025

Originally Published 18 days ago — by Politico

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Source: Politico

The U.S. economy appears to be thriving for the wealthy, with strong demand for luxury goods and positive consumer spending among higher-income households, despite concerns about slower growth and rising unemployment that could impact lower-income groups. Administration efforts aim to boost wages and economic expansion through tax policies, but analysts warn that consumer spending may weaken if employment does not improve.

Millionaires Feel Wealthy Less Often These Days

Originally Published 1 month ago — by USA Today

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Source: USA Today

Despite the common perception, only 36% of American millionaires consider themselves wealthy in 2025, as many worry about outliving their savings and feel that $1 million is no longer enough to feel truly wealthy, with the rise of 'everyday millionaires' and increasing costs of the American dream.

Fraudster Freed by Trump Launches New Scam After 37-Year Sentence

Originally Published 1 month ago — by Bloomberg.com

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Source: Bloomberg.com

Eli Weinstein, a convicted fraudster, was released early from prison by Donald Trump’s clemency and quickly resumed fraudulent activities, leading to a new wave of scams involving fake deals and deception, highlighting issues with the US clemency process and the persistence of white-collar crime.

Husband Tells Wife She Embarrassed Herself Bragging About Salary to Wealthy Cousin

Originally Published 1 month ago — by Yahoo

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Source: Yahoo

A woman bragging about her salary to her wealthy cousin was embarrassed after discovering the cousin's true wealth, leading her husband to defend her and criticize her superficial attitude, highlighting that wealth isn't always visible and shouldn't be judged by appearances or assumptions.