With more and more financial transactions being conducted electronically, it’s easy to forget the physicality of money. What a dollar weighs, or a pile of them. So just for fun, let’s start piling up the Benjamins and see what …
In most respects, China is a world away from the oil-dominated autocracies in the Mideast now seething with anti-government unrest. But it faces similar issues: high inflation and a troubling wealth gap that could fuel social u…
The gap between America’s super-wealthy and the rest of us has grown so vast it’s hard to even comprehend the sums they spend on their luxuries. But if you measure, say, a $200 million luxury yacht in terms of the average U.S. …
Which CEOs have helped deliver the best returns to investors — and which have done them no good at all? Chief Executive magazine has this year’s ranking of the top 50 best and worst wealth-creating CEOs. The No. 1 shareholder …
With a tax bill tilted to benefit the wealthiest Americans poised to pass Congress this week, U.S. income inequality is poised to set new records. One key to that shift — a change in the tax rules that lets the rich pass their…