You Searched For "household wealth" and got 20 results
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3 mins read
India's gold loan market set for rapid growth amid rising prices; unorganized sector holds 63% share, notes recent PwC report
Indian households are estimated to possess approximately 25,000 tonnes of gold, valued at around Rs…
ANI
2 mins read
The US economy is in a 'selective recession' as lower-income consumers struggle and high-income households see huge wealth creation, JPMorgan strategist says
The top 10% of Americans have gained a whopping $30.5 trillion in wealth since 2020, according to F…
Jennifer Sor
3 mins read
Incomes are either rising too slowly or falling at the lower end of the bracket
India’s gross domestic product (GDP) has been growing at a much faster clip than expected — most go…
4 mins read
With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?
Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…
6 mins read
Americans who locked in a job, home, and stocks are thriving. Everyone else missed out on their ticket to wealth.
Americans who locked up jobs, homes, and stocks a few years ago have seen their wealth balloon. Eve…
Jacob Zinkula,Madison Hoff
2 mins read
Union households tend to have over $100,000 more in wealth than nonunion families, Federal Reserve data shows
Union households hold just over $330,000 in median wealth, but the vast majority of US workers aren…
Juliana Kaplan
1 min read
Don't worry about US debt because household wealth is 4 times bigger, former Fed economist says
"Politics is the real threat, not the level of borrowing. A country that prioritizes the size of th…
Filip De Mott
4 mins read
UK household wealth has tanked and it's a sign of what could happen in the US
UK's household wealth fell as much as 26% in some areas due to rising interest rates, with regions …
Cork Gaines
3 mins read
Millennial wealth is booming. It turns out avocado toast didn't tank them after all.
It turns out that, after killing off brands and choosing avocado toast over homeownership, millenni…
Juliana Kaplan
2 mins read
The mortgage 'lock-in effect' could worsen wealth inequality and is likely to last for years to come, FHFA says
Unless mortgage rates fall significantly, the "lock-in" effect pushing up home prices will last a l…
Jennifer Sor
1 min read
CHART OF THE DAY: US households are now sitting on an 'unprecedented' $18 trillion in liquid assets
"Increased savings and household wealth adds further reinforcement to consumer resilience," Bank of…
Matthew Fox
1 min read
The wealth of American households has declined for the first time since the pandemic began, due to a $3 trillion stock-market wipeout
US household wealth fell $500 billion to $149.3 trillion in the first quarter of 2022 — marki…
Huileng Tan
1 min read
An all-stock investment strategy creates more wealth than portfolios mixed with bonds, research shows
An equity-only strategy could provide investors more than $1 million by retirement, a study found. …
Filip De Mott
9 mins read
'My kids can have whatever's left over': the myth of the Great Boomer Wealth Transfer
Boomers hold half of America's wealth — but they're going to spend it on themselves before th…
Ann C. Logue
1 min read
Retiring House Republican says $174,000 isn't enough money for members of Congress: 'Most of us don't have wealth'
He's not alone: AOC and others have argued lawmakers should be paid more in order to protect agains…
Bryan Metzger
2 mins read
'Magnificent 7' mania is like the dot-com bubble, setting up stocks to slump and recession to strike by summer, veteran wealth advisor says
The S&P 500 is dangerously concentrated, and American consumers will soon falter in the face of inf…
Theron Mohamed
1 min read
The stock market added $3 trillion to US households in the 1st quarter - and delivered the largest and fastest increase in wealth on record for the richest Americans
Over the past year, the wealthiest 1% of Americans saw their stock wealth increase by 74%, adding $…
Emily Graffeo
2 mins read
Progressive Democrats are proposing a new tax they say will help 'close the exorbitant wealth gap'
Pressure group the Patriotic Millionaires helped devise legislation called the Oligarch Act that wo…
Joseph Wilkins
2 mins read
Billionaire investor Ray Dalio says the 'Great Wealth Transfer' explains the US economy's resilience
Exactly why the economy continues to defy expectations is open to debate, but billionaire investor …
Joseph Wilkins
2 mins read
Britain's finance minister becomes first UK politician to enter 'Rich List' with estimated household wealth of £730 million
The majority of Rishi Sunak's household's wealth comes from his wife, Akshata Murthy, and her £690 …