You Searched For "wealth pressure" and got 20 results
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2 mins read
Singapore tech billionaire's wealth shrinks by 80% amid global tech selloff, poor earnings, and regulatory pressures from one of its most promising markets, report says
Forrest Li's wealth was previously estimated to be at $22 billion, with a large part of it in share…
Weilun Soon
4 mins read
Millennials are taking to TikTok to tell Gen Z that job stability is overrated: 'Question everything and the typical path you've been told to take'
"Don't pay too much attention to a recession and what bad news you think is coming," Su Hyun Kim to…
Jason Lalljee
2 mins read
Russian oligarchs' wives say it would be 'suicide' to go back to Russia in new documentary
A new documentary on Paramount+ features the wives of Russian oligarchs who speak out about Putin's…
Sam Tabahriti
2 mins read
Jack Ma's run-in with Beijing not only saw him disappearing for over 2 years, it led to his wealth tanking by half and cost his companies hundreds of billions
Ma is now worth about $30 billion as of Wednesday — half of what he was worth in October 2020…
Huileng Tan
2 mins read
Indian equity markets wiped out $127 billion investor wealth in just two days
“The market crashed with full force on the first day of the week, as benchmark indices slumped…
3 mins read
The $6 trillion in wealth created by the housing boom will help homeowners send their kids to college, launch businesses, and grow their wealth even more
It also means the American Dream is even further out of reach for those who don't own their homes.
Alcynna Lloyd
2 mins read
Morgan Stanley says there is a 27% chance of a recession in the US in the next 12 months, up from 5% just two months ago
CIO Lisa Shalett said high inflation means the Fed has to move quicker to tame it. But there is con…
Hamza Fareed Malik
12 mins read
Black homeowners in Houston say they're still patching up holes in their floors nearly five years after Hurricane Harvey
After hurricane Harvey, paperwork requirements and other rules made many Black homeowners in Housto…
DeArbea Walker
5 mins read
Millennials own nothing because the economy screwed us over for 25 years - but older generations still try and blame it on our work ethic
Older generations don't understand just how much harder it is for millennials and younger generatio…
Ingrid Cruz
3 mins read
Amazon is struggling in India unlike Reliance, Meesho says wealth management firm Bernstein
Amazon is struggling in India unlike Reliance, Meesho says wealth management firm Bernstein
2 mins read
A Chinese EV billionaire's wealth has plummeted 75% to $1.4 billion as aggressive price wars push customers to higher-tier cars — like Tesla or BYD
He Xiaopeng, the CEO of Xpeng, owns 20.5% of the company's Class A shares. The stock price has drop…
Huileng Tan
1 min read
The US sanctions Gennady Timchenko's wife and two daughters, making him the wealthiest Russian oligarch with relatives targeted by restrictions
Members of Gennady Timchenko's family were sanctioned by the US government, alongside more than 400…
Zahra Tayeb
2 mins read
Elon Musk advises owning 'physical things' like homes and stocks when inflation is high — but says he won't sell his bitcoin, ether, and dogecoin
Musk, the world's richest person, was discussing runaway inflation and what to do about it on Twitt…
Huileng Tan
3 mins read
The middle class is getting left behind as low earners win higher wages and the richest see their wealth grow
The middle class has been shrinking for 50 years. Stalled wages and low housing affordability aren'…
Jason Lalljee
4 mins read
I expect to retire, but as an African American woman, the numbers make me wonder if I should plan for a funeral instead
Planning for retirement is different when years of data show that Black Americans are statistically…
Angie Chatman
3 mins read
The economic recovery is booming, but Black women are still getting left behind
In February, fewer Black women were actively looking for work and more were unemployed, even as rec…
Juliana Kaplan,Madison Hoff
3 mins read
Can you afford a $392,000 home? That's the new average price of homeownership in the US.
American families earning $75,000 - $100,000 annually can't afford nearly half the homes on the mar…
Alcynna Lloyd
1 min read
The lasting impact on the US economy will still come from the Fed even as the war in Ukraine intensifies, $95 billion wealth management chief says
The CEO of a wealth management firm said the main impact of the Ukraine crisis will come from how i…
Phil Rosen
2 mins read
Russian billionaires' losses, now totaling $84 billion this year, have more than doubled since Russia invaded Ukraine less than a week ago
The fortunes of Russia's billionaires are getting hammered as share prices of their globally listed…
Huileng Tan
3 mins read
With finances under scrutiny, Trump claims his net worth was $5.7B in 2014. Around the same time he also said it was $8.7B and $10B.
Trump's latest estimate for his net worth in the year 2015 is vastly different from the figures he …