New York City and Hangzhou are the world’s wealthiest cities considering number of HNWIs and millionaire population growth. A new report on wealth growth in some of the world’s largest cities has revealed new figures for the world’s wealthiest cities. According to London-based investment migration consultancy firm, Henley & Partners, there is still some growth in millionaire numbers in several cities despite a biting recession. The report uses data recorded up to December last year....
Read More »Oxfam Reveals How Richest 1% of All People Became Richer in Two Years
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Read More »Tesla Promotes China Boss Tom Zhu to Highest-Profile Executive Role after Elon Musk
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Read More »10-Year Treasury Yield Inches Higher as Market Awaits Key Personal Consumption Expenditure Report
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Read More »Coinbase CEO Brian Armstrong Offloads Over $1.6M in Shares
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Read More »Jeff Bezos Plans to Donate Larger Portion of His Fortune to Charity
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Read More »Crypto Billionaire Sam Bankman-Fried Loses 93% of Net Worth in 1 Day
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Read More »Coinbase CEO to Sell 2% of His Stake to Fund Scientific Research
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Read More »New 6.6M Unemployment Claims in U.S., Wall Street Opened Mixed, Rose and Fell Again
The Dow Jones dropped over 100 points on Thursday shortly after the start of today’s session as the Labor Department reported that initial jobless claims in the United States doubled to 6.6 million last week.Shares on Wall Street started the session on Thursday mixed after the Department of Labor released defeating data on a record 6.6 million people in the United States filing for unemployment benefits last week amid the coronavirus pandemic.The report showed that the figures for the week...
Read More »U.S. Congress Might Disburse $1,200 Checks to Taxpayers in Coronavirus Aid, Who Qualifies?
The United States Congress is working on a $2 trillion stimulus bill to mitigate financial hardships due to coronavirus, with Americans set to get up to $1,200 checks for that purpose.The U.S. Congress is currently pushing through a $2 trillion stimulus bill to mitigate the financial effects of the COVID-19 pandemic. Some Americans can expect to receive checks from the government to assist them to cope with the hard times during this coronavirus crisis.Official reports confirm that the...
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