You Searched For "wealthy households" and got 20 results
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3 mins read
The 'richcession' isn't happening. The ultra-wealthy have never been richer and they're still spending like crazy.
The top 1% are even richer and spending more than ever. You can thank rising stock prices and YOLO …
Jennifer Sor
3 mins read
Some House Republicans want to hold up a major tax bill until it includes a big break for wealthy blue state residents
Democrats and Republicans have both circled a tax break that would benefit wealthy states. It's an …
Juliana Kaplan,Eliza Relman
1 min read
Residents of a wealthy gated community in Southern California were given 20 minutes to evacuate after their neighborhood began sliding down a hill
Residents of a dozen homes in Rolling Hills Estates were forced to evacuate over the weekend due to…
Charles R. Davis
2 mins read
Nearly 75% of home purchases in a Bay Area city were made by LLCs or trusts. It's a trend among the wealthy.
Atherton, a city near San Francisco that's one of the wealthiest in the US, is part of a growing tr…
Aaron McDade
2 mins read
A wealthy suburban city in Illinois is getting slammed for offering a 2.5-hour 'poverty simulation' that it said would show residents what a 'month' of living poor feels like
The median household income in Highland Park is about $153,226, while the rest of the state's is ab…
Matthew Loh
2 mins read
Wealthy Americans are cutting back — and it could push the US closer to a recession
High-income Americans' spending is "crucial" to powering the economy, Bank of America said. Yet the…
Ben Winck
2 mins read
Meet the typical Tesla owner: A white man with a household income over $130,000
Tesla drivers are overwhelmingly male and the most common occupations are engineer, software engine…
Grace Kay
1 min read
A growing number of wealthy people are shopping at Dollar Tree and Dollar General as inflation bites
As inflation bites with growing prices for food, gas, and rent, wealthier customers are turning to …
Britney Nguyen,Áine Cain
2 mins read
Stimulus checks were delivered faster to wealthy white households than Black and Hispanic families, study says
Where 59% of families with income below the poverty level received their payments, 78% of those ear…
Ben Winck
3 mins read
Elizabeth Warren says Republicans are 'running a con game' with the debt ceiling, and repealing Trump's tax breaks for the wealthy should come first
Warren said in a Boston Globe op-ed Republicans don't really care about the national debt; they jus…
Juliana Kaplan,Ayelet Sheffey
2 mins read
Inflation is changing how wealthy Americans eat — and it's great news for Chipotle, Olive Garden, Aldi, and Walmart
High-income consumers are turning to budget retailers in place of more expensive alternatives.
Mary Meisenzahl
2 mins read
The pandemic reshaped Americans' definition of wealthy
Americans now believe it takes $1.9 million to be considered wealthy, according to a Charles Schwab…
Hillary Hoffower
2 mins read
The pandemic changed everything about how affluent millennials view wealth
Millennials were most likely to perceive wealth differently and change how they plan to use it afte…
Hillary Hoffower
2 mins read
Lands' End almost lost its wealthy boomer customers when it tried to court millennials and Gen Z. Now it's going for Gen X.
Sales plunged in 2015 when the company tried to sell party dresses and high heels to attract millen…
Dominick Reuter
2 mins read
Wealthy millennials are set to drive the post-pandemic travel boom, survey finds
High-earning millennials, most likely to spend pandemic savings on travel, are already spending on …
Hillary Hoffower
2 mins read
American billionaires added $1.62 trillion to their wealth over the last 13 months
"We're going to come out of the pandemic another degree of more unequal," Chuck Collins, director o…
Juliana Kaplan
1 min read
Walmart says shoppers are swapping lunch meat for beans in the latest sign that inflation is roiling low income households
Deli meats and beef are out, while canned tuna, chicken and beans are rising in popularity with Wal…
Áine Cain
2 mins read
Austin, Texas locals have been priced out by wealthy out-of-state tech workers. Now the government is stepping in.
Austin's supply of affordable housing is on the decline — but a new bond may turn the tide for resi…
Alcynna Lloyd
4 mins read
The economy needs the wealthy to spend a lot more to get back on its feet
The pandemic economy was defined by solitary leisure activities, which left a huge hole in it. The …
Hillary Hoffower
3 mins read
America's wealthy are getting vaccinated faster than the poor, and a poorly designed system is partly to blame
The wealthy may be gaming the system, but vaccine and wealth inequality are alike, with lack of coo…