money

  • Vast majority of new wealth last year went to top 1%

    A new billionaire is created every other day. The three richest Americans have the same amount of wealth as the poorest half of the U.S. population. And 82% of the global wealth generated last year went to just 1% of the world’s population. These are among the findings of...
  • These Are All the Sam’s Club Locations That Are Closing

    After announcing a host of new benefits for employees including a bump in pay, Walmart shared plans to close 63 of its Sam’s Club locations across the country. Each Sam’s Club location employs roughly 175 people, meaning the move could make as many as 11,000 people unemployed. Some of...
  • List of companies that paid bonuses or boosted pay since tax bill passed

    A growing number of companies benefiting from tax cuts are showing their employees the money. One-time cash bonuses are the most popular way companies are sharing the windfall they expect from paying less in taxes. Many employers are boosting hourly pay. And a small number say they will increase...
  • Jeff Bezos Surpasses Bill Gates As Richest Person Of All Time

    The Amazon CEO is packing some serious coin. According to a report published by Bloomberg’s billionaire index, Jeff Bezos has assumed the title of world’s richest person, having amassed a net worth of over $105 billion. Forbes, another media conglomerate who tracks the net worths of the world’s richest,...
  • Celebrity Life Coach Ash Cash (@IamAshCash) Optimizes JAY-Z’s “4:44” Into Financial Self-Help Book

    JAY-Z’s critically acclaimed 4:44 — one of HipHopDX’s Best Rap Albums of 2017 — was a career revelation, displaying the clarity he’s gained as a father and husband. However, as shown in the new book The Wake Up Call: Financial Inspiration Learned from 4:44 + A Step by Step Guide...
  • The Hierarchy of an Investment Bank

    The typical investment bank is operated in a rigid, strict hierarchy, more so than most corporate or financial institutions. In his book “How to Be an Investment Banker: Recruiting, Interviewing, and Landing the Job,” Andrew Gutmann likens the structure to the military; rank means a great deal, and there...
  • 12 Months of Smart Money Moves to End 2018 Richer

    12 Months of Smart Money Moves to End 2018 Richer – The Motley Fool The start of a new year is an optimum time to get your finances in order. While studies have shown that making financial resolutions actually makes a difference in your financial life, it’s important to...
  • $300,000 worth of guns, cash stolen from Atlanta hotel

    Police are searching for the men who broke into a local record label executives home inside the W Hotel in downtown Atlanta and walked away with $300,000 worth of belongings.  Atlanta police gave Channel 2’s Liz Artz pictures of a group of suspects they said burglarized a condo at...
  • Powerball, Mega Millions jackpots soar past $300 million for 2018

    If you didn’t score the big Powerball or Mega Millionsl jackpot this week to top off the year, you aren’t alone. Without a winner, both lottery games roll into the new year with fattened top prizes well above $300 million. Powerball says its jackpot has jumped to $384 million...