Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Local governments commonly share single service providers, making many vulnerable at once. On top of this, ransomware has often been used to mask more targeted, malicious...Technologyread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Kudlow also confirmed to CNBC that he supported a tax cut proposal floated earlier Thursday by Sen. Rick Scott, R-Fla.Politicsread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Google says it shut down hundreds of YouTube channels tied to misinformation around the Hong Kong protests.Technologyread more
It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
Investors are rushing to get a piece of its privately held rival Impossible Foods before it goes public, according to the Wall Street Journal.Food & Beverageread more
Weisler has been CEO at the company since 2015 when it split from HPE.Technologyread more
Companies want to know our values and if they work with us, "they want to be aligned with those values," Salesforce co-CEO Keith Block says.Mad Money with Jim Cramerread more
The world's millionaires are migrating like never before—creating new megahubs of wealth and shifting the balance of money around the globe.
According to a report from New World Wealth, the U.K. was the top destination in the world for migrating millionaires over the past decade. Between 2003 and 2013, the U.K. had a net inflow of 114,100 millionaires (people with $1 million or more excluding their primary residence).
That was more than twice the gain of the number two ranked country, Singapore.
Singapore, with its tax-friendly policies and security, ranked second in attracting the world's wandering wealthy. It gained 45,000 millionaires between 2003 and 2013. The U.S. ranked third, gaining 42,400 millionaires.
So where were all these millionaires moving from? Mostly China. According to the report, China had a net outflow of 76,200 millionaires during the 10-year period. India was the next largest loser, with a net outflow of 43,400, followed by France, Italy and Russia.
Read MoreMeet the 'hand-to-mouth' wealthy
The report said Chinese millionaires were mostly moving to Hong Kong, Singapore and the U.K. Indian millionaires prefer the U.K., U.S. and Australia, while French and Italian millionaires were largely flocking to the U.K. and Switzerland.
A surprising number of Swiss millionaires are also moving—mostly to Singapore, the U.K. and the United Arab Emirates.
The study said that overall, London has the most millionaires of any city, with 339,300. New York ranks second with 300,100, followed by Tokyo (226,500) and Singapore (225,000).
Here is the list of countries that gained the most millionaires between 2003 and 2013 and their net gain in millionaires.