Millennials, considered as the biggest generation in the United States this year, is also the poorest, according to CBS News. Data shows that people born between 1981 and 1996 hold only 3% of the country’s riches. Baby Boomers had...
Uber Technologies Inc. failed to extend its license to operate in London after officials identified issues that put passengers at risk.
Transit officials disclosed that unauthorized drivers were able to pass as Uber drivers, even when they lack proper...
Abigail Disney, the heiress to the multinational mass media and entertainment conglomerate Walt Disney Company, has become the latest American billionaire to support Democratic presidential candidate Elizabeth Warren’s proposed wealth tax.
In an interview with CNBC’s Karen Tso on Thursday,...
With the Philippines hosting the 30th Southeast Asian (SEA) Games in November to December of 2019, the Philippine government is gearing up to construct a P9.5 billion infrastructure project in the New Clark City. P50 million of these funding...
With the upcoming election getting closer, the United Kingdom’s wealthiest households are setting up plans to flee the country if Jeremy Corbyn wins as Prime Minister, said The Guardian. This is in light of the Labour Party candidate’s plan...
2020 Democratic candidate Tom Steyer called on fellow billionaire Michael Bloomberg on Thursday to join him in supporting a wealth tax if Bloomberg enters the presidential race.
“If you’re Mike Bloomberg or me, people who have been incredibly lucky and...
The NAFSA: Association of International Educators confirmed that there are fewer international student enrollments in US universities, costing the economy $11.8 billion loss.
Since 2016, the number of foreign students in the United States is declining, a little more than...
With Kylie Cosmetics being valued at a whopping $1.2 billion by Coty Inc., the long-time cosmetics giants made a play for Kylie Jenner’s majority stake. The major beauty company will be buying 51 percent of shares from Kylie Cosmetics...
BlueSpring Wealth Partners, LLC announced its acquisition of Vector Wealth Management last Thursday, November 14, 2019. The firm reportedly acquired the registered investment adviser (RIA) company for a massive $1.1 billion.
BlueSpring is the investment arm of Kestra Financial. Kestra...
The newly created sovereign wealth fund of Egypt is planning to buy stakes from power plants co-developed by Siemens AG, reported Bloomberg. The fund seeks to acquire around 30% of the shares, with international investors holding the rest of...
