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WEALTHY BABY BOOMERS
Wealthy Americans rushed to gift money early—now new tax law leaves many regretting the timingMany rich families in the US gave away money early to save tax before rules changed. Later, the government made those tax benefits permanen...- Rs 1 crore salary, chef-cooked meals and private jet travel: 28-year-old leaves grinding corporate job to work as a nannyCassidy O’Hagan, 28, left her ₹60 LPA corporate job in medical sales to work as a nanny for a billionaire family, earning over ₹1 crore ann...
- Americans are losing faith in becoming wealthy, except for one group. Who is still holding on to the American Dream?A recent survey reveals a decline in financial optimism among Americans. Parents are particularly affected by rising childcare costs. Child...
- Frustrated Americans await the economic changes they voted for with Donald TrumpDespite a strong economy, Americans frustrated with high prices elected Donald Trump, hoping he'd replicate his pre-pandemic economic succe...
- Biden's journey: After getting knocked down, he keeps getting back up.Joe Biden withdrew from the 2024 presidential race, facing age-related concerns and declining support. Honored at the Democratic National C...
- Queen Elizabeth II, Lata Mangeshkar, Bob Saget & Betty Davis: Remembering influential people who we lost in 2022Here is a roll call of some influential figures who died in 2022.
- Overseas Jobs Alert: Wealthy nations wage global battle for migrantsThe global drive to attract foreigners with skills, especially those that fall somewhere between physical labor and a physics Ph.D., aims t...
- Baby boomers next to jump into crypto, Galaxy Digital's Novogratz predicts"It could be as much as a trillion dollars comes over the next year from that giant group of wealth," said Novogratz, who used to run hedge...
- Can Bitcoin and banks mix responsibly? The dangers of taking Elon Musk's cueMasterCard Inc. and Bank of New York Mellon Corp. have announced crypto plans, while JPMorgan Co-President Daniel Pinto says his bank will ...
- View: A strong US consumer won't prevent a recessionThe yield curve has inverted, with 10-year Treasury note yields falling below two-year yields.
- Why poor people tend to be more generous than the richLatest research says the rich tend to rationalise their advantage, and believe that they deserved it.
- Ritesh Jain’s what I read this week: What if your pension fund fails to deliver!Alternative assets such as private equity and real estate would yield higher profits. In a balanced portfolio, that mix would work out to a...
- Consumer discretionary to be next big bet as economy grows from $2t to $4tInvestors can make big gains if they bet on the consumer discretionary space, but only with a long-term investment horizon in mind.
- Greece's economic crisis: Why it may be the best time to visit the countryGreece's economic crisis may make it the worst time to visit the country. For some of us, though, it may be the best time to do so.
- Facebook, Twitter new roadmap for high-end travelFacebook, Twitter and a host of invite-only travel websites are fast becoming a key pipeline for well-heeled travellers as well as the budg...
- Car buffs descend on Arizona for biggest classic motor auctionThe Ford Thunderbird famously launched into the Grand Canyon in Oscar-winning 1991 film "Thelma and Louise" will be among more than 1,000 v...
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