Inside Wealth Inside Wealth: Spending


  • One Percent to Boost Holiday Spending by $600 Million Thursday, 18 Oct 2012 | 10:18 AM ET

    A study from American Express Publishing and Harrison Group shows that holiday spending will grow 33.5 percent among the top one percent of earners this Christmas, to $3.4 billion.

  • France's 'Rich' Tax = Deals on Paris Mansions Wednesday, 17 Oct 2012 | 2:32 PM ET
    This townhouse in Villa Montmorency, one of Paris's best neighborhoods, is on the market for about $18 million.

    The 75 percent tax on millionaires in France has caused more of the rich to put their homes up for sale. But don't expect bargains in Paris, where prices remains high.

  • What Do Wealthy Chinese Women Want? Wednesday, 17 Oct 2012 | 11:08 AM ET
    A jewelry display in a luxury shopping mall in Shanghai

    A new study says there are 2,725 women in China worth $30 million or more. They are a huge market for luxury marketers — provided the luxury companies predict their desires accurately.

  • Can Employers Tell Their Workers How to Vote? Monday, 15 Oct 2012 | 4:31 PM ET
    David Koch

    Election experts and lawyers say law specifically prevents employers from telling workers they could lose their jobs if they vote for a certain candidate.

  • Decline? US Will Add Five Million Millionaires By 2017

    A new study predicts that the U.S. will have 16.7 million millionaires in 2017, about 50 percent more than today.

  • Hollande Pushes to Exempt Art from Wealth Tax Thursday, 11 Oct 2012 | 4:59 PM ET
    French President Francois Hollande.

    Seeking to avoid more division over his wealth tax hike, the French president moved to squelch a legislative amendment that would extend the tax to art assets.

  • Will Amazon Be the New Fashion Catwalk? Thursday, 11 Oct 2012 | 8:13 AM ET
    Will Amazon Be the New Fashion Catwalk?

    Big fashion brands are fretting over whether to offer their wares on Amazon as its move into clothing forces them to decide if the website is a lucrative new sales channel or a threat to their prestige