While it could be debated to no end whether or not the Great Recession is over, a new report points out that consumers are still worth less money than they were before the bottom fell out of the economy. [More]
Earlier today, Parade Magazine published a state-by-state breakdown of the wealthiest individuals in the U.S., and while there are a number of non-shockers (Bill Gates is rich? Shut the front door!), there were several fascinating takeaways from the list. [More]
You know how they say “the rich keep getting richer”? That’s not just a handy little saying, the rich really have been getting a lot richer. The wealthy Americans have widened the money gap between them and typical families by more than double in the last 50 years. So if you didn’t know an actual Richie Rich living in a ginormous mansion with all kinds of fun gadgets back then, you might now.
Time to pity rich people! At least us poors have that capacity, whereas a new study says that the rich are less compassionate than the rest of us. Let’s all pause and feel bad for them for exactly one second.
Imagine if you will that you are standing before four doorways, each of which could magically improve one facet of your life — wealth, waistline, IQ, youth. You can only go through one doorway; which one do you choose?
Feeling poorer lately? You are! A new government report says that $1.3 trillion dollars of American wealth was vaporized in the first quarter of 2009.
Private school: $32,000 a year per student. Mortgage: $96,000 a year. Co-op maintenance fee: $96,000 a year. Nanny: $45,000 a year. We are already at $269,000, and we haven’t even gotten to taxes yet.
New Jersey is no longer the wealthiest state according to new data from the U.S. Census Bureau. Maryland, you’ve finally arrived!