U.S. auction sales of collectible cars are set to reach an all-time high in 2013. Plus, why a car sold for $100 million is within reach.» Read More
A new report shows that the One Percenters lost more income and paid higher tax rates than the rest of the population.
Securitization of student loans led to more aggressive underwriting for borrowers who could not possibly afford the debt they took on.
In a speech last week, President Obama said that government, rather than self-determinism, creates the foundation of large wealth in America.
A growing number of wealthy homeowners are racing to sell before the fiscal cliff of 2013. That could weaken the important luxury home market.
Despite the populist rhetoric surrounding the election, polls show that Americans still have a largely positive view of the wealthy -- and that hasn't changed in years.
Hans Kristian Rausing, who inherited a fortune made from drink containers, is being held in a death called "unexplained."
The majority of Americans have higher incomes than their parents, but it is still not enough to move most of them into a higher bracket — especially those at the bottom, USA Today reports.
A new study says women who are the main breadwinners in their households feel more tension in their relationship those who make less than their man.
Traditionally it was poverty that caused social ills. But the evidence that wealth makes people callous is starting to mount.
Retirement experts say that even those hit by the Great Recession can retire comfortably if they are willing to work a few years longer than expected.
Samsung Electronics has emerged as the most valued brand by consumers in Asia, ending a four-year reign by Japanese competitor Sony and ahead of close rival Apple, according to a survey by research firm Nielsen and media magazine Campaign Asia-Pacific.
A Morgan Stanley strategist has come up with a new yard-stick for national competitiveness: the billionaire indicator.
Why do 70 percent of family businesses fail to pass successfully to the next generation? The answer are more emotional than financial.
According to a new poll from Spectrem Group, a majority of millionaire voters are likely to go for Mitt Romney. But it wasn't taxes that swayed them.
Apple Stores stores take in more money per square foot than any other United States retailer. But most of Apple’s employees, who sell those iPhones and MacBooks enjoy little of that wealth. The New York Times reports.
Not only has standard inflation steadily eroded the real value of a $100,000 income, but the cost, of housing, health insurance and college tuition have risen dramatically in recent years.
The United States is still No. 1 when it comes to the number of millionaires in a single country, but global wealth is continuing its movement eastward.
A new study shows that charitable giving in America increased 4 percent last year, to $298.4 billion. But Americans gave only 1.9 percent of income to charity, down from previous levels.
No wonder tennis star Rafa Nadal was so sad about losing his watch this week. The company that makes it is totally sold out of the product.
Miami's high-end real-estate market is hot, but with wealthy foreign speculators providing the heat, a global stumble could cool it off in a hurry.