Skyline in lower Manhattan. Gary Hershorn | Corbis News | Getty Images Over the last two years, the richest 1% of people have accumulated close to two-thirds of all new wealth created around the world, a new report from Oxfam says. A total of $42 trillion in new wealth has been created since 2020, with
Wealth
Wedding ceremonies are held differently even within India with some couples choosing big religious ceremonies, while others lean toward a more intimate celebration. Rvimages | E+ | Getty Images Indian weddings are big business. But some of them may not be quite so big this year as they once would have been. The celebrations are
Every big idea likely has a few detractors at some point. Startups that become multibillion-dollar companies are no exception. Take Broadcast.com, the pioneering audiov streaming company that made Mark Cuban a billionaire. When Cuban and his friend Todd Wagner took over the company in 1995, it was one of the first streaming platforms in existence,
Porsche shares rose in their stock market debut Thursday, in one of the biggest public offerings in Europe ever. Bloomberg | Getty Images Porsche managed to increase its global deliveries last year by 2.6% despite worldwide supply chain issues that crippled other carmakers as well as sales of its first all-electric car. The German sports
Just off the coast of Miami Beach, on ultra-exclusive Fisher Island, there is one crane on one construction site. It is the last plot of land available for development and an unlikely bet on luxury real estate at a time when the housing market appears to be in freefall. Jorge Perez, also known as “the
In this article DAL Follow your favorite stocksCREATE FREE ACCOUNT The Sky Lounge during a tour of Delta Air Lines Terminal C at LaGuardia Airport (LGA) in the Queens borough of New York, US, on Wednesday, June 1, 2022. Stephanie Keith | Bloomberg | Getty Images Delta Air Lines plans to curb employee access to
Fatih Aktas | Anadolu Agency | Getty Images There’s a chance a Mega Millions player is on the verge of joining a very short list: winners who snag a jackpot worth more than $1 billion. The grand prize is an estimated $1.35 billion for Friday night’s drawing. That’s how much you’d win if you were
In this article SIAL-SG Follow your favorite stocksCREATE FREE ACCOUNT Singapore’s Minister for Health Ong Ye Kung told Parliament Monday that the government is not imposing new restrictions on travelers from China because limited flight capacity, combined with its current border policies, have resulted in few imported cases — and even fewer severe cases —
Handbags displayed in a Chanel SA store window at the Avenuel department store, operated by Lotte Shopping Co Ltd., in Seoul, South Korea, on Tuesday, Dec. 14, 2021. SeongJoon Cho | Bloomberg | Getty Images Whether it’s calf-leather Italian Prada bags or classic, checkered British Burberry trench coats, South Koreans are the world’s biggest spenders
Geber86 / Getty It’s official: The tax season kicks off for individual filers on Jan. 23, the IRS announced Thursday. For most taxpayers, you must file your federal return and pay your balance by April 18 this year to avoid racking up penalties and interest. “This filing season is the first to benefit the IRS
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