The world shed 3.5 million millionaires in 2022 as market losses drained wealth at the top
Last year, as interest rates rose and inflation stayed stubbornly high, total household wealth declined for the first time since the 2008 financial crisis.
2023-08-17 04:54
Tuohys' lawyers respond to Michael Oher's accusations as he fights conservatorship
A lawyer for a prominent Memphis couple with a longstanding relationship to former NFL player Michael Oher says that they want to end a conservatorship that he’s challenging in court
2023-08-17 03:46
Orlando, Florida, debuts self-driving shuttle that will whisk passengers around downtown
There is going to be a new way to get around downtown Orlando, Florida, and it’s not going to require any human drivers
2023-08-17 03:28
Wall Street’s Most Hated 3 Letters Prove Too Risky to Ignore
As the label “ESG” ends up among the most hated on Wall Street, the financial cost of ignoring
2023-08-17 02:50
Hollywood Strikes Pose a Credit Risk for $113 Million Muni Deal
Municipal-bond investors have to assess an unusual risk as part of a $113 million bond offering next week:
2023-08-17 00:17
Banking glitch allows customers to withdraw money they don't have
A technical fault meant that for several hours Tuesday customers of one of Ireland's biggest banks could withdraw funds they did not have.
2023-08-16 20:28
'Ho-hum holiday' spending expected as shoppers deal with economic cross-currents
US consumers, trapped in a web of conflicting signals on the health of the economy and how it impacts their ability to shop for extras, might be forced to spend less enthusiastically on a key bucket of discretionary spending -- Christmas gifts, according to early forecasts of this year's holiday sales.
2023-08-16 19:50
Dollar Shortage Forces Pakistan Factories to Halt Production
Pakistan’s iron-clad grip on its dollar holdings may be keeping its currency stable, but it’s also hurting local
2023-08-16 19:21
Europe Heat Builds as Some French Citizens Told to Stay Home
The heat wave that’s baking continental Europe is spreading further as citizens in southeast France were told to
2023-08-16 18:22
The Midwest Is Ground Zero for the Fight Over Carbon Capture Pipelines
Deadly rupture. Groundwater contamination. Earthquake triggers. One after another, residents from across Iowa fired off their concerns at
2023-08-16 18:16
Activists Sue South Africa’s Environment Authorities Over Arcelor Pollution
South Africa’s environment minister, and the national air-quality officer and the local unit of ArcelorMittal SA have been
2023-08-16 17:55
A Vietnamese electric carmaker is now worth more than Volkswagen and Ford
One of Vietnam's biggest automakers has made a big splash on its entry to Wall Street, pushing its market capitalization above that of industry giants such as Volkswagen and Ford.
2023-08-16 15:21