Browsing: rich
‘We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits
By Press Room
Taking a modern-century spin on “Let them eat cake,” shareholders are having the whole cake, and eating it too. It’s…
When it comes to the presidential election, what once was like the Kentucky Derby has been turned into a Formula…
The exclusive club of tycoons worth $100 billion or more just got a little bit smaller thanks to a stock…
George Soros and Stanley Druckenmiller’s investment firms trimmed their holdings in “Magnificent Seven” stocks before this year’s ebullient run-up in…
Rich people are going to Walmart more—and they’re a key reason for the company’s recent success
By Press Room
Pinching pennies isn’t just for cash-strapped shoppers. More affluent consumers are looking to save money, and they’ve been a key…