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For Gen Z, financial security isn't enough to feel wealthy

Fri, 08/18/2023 - 10:12

Tech Insider : Economy

Friends at bar — Gen Zers don't prioritize financial security as much as older generations
Getty

economy, Wealth, gen z, Boomers, US Bank, Quality Of Life, Schwab

VinFast loses almost half its value as shares hit the skids after spectacular $85 billion market debut

Fri, 08/18/2023 - 06:43

VinFast VF e35 SUV. — The VinFast VF e35 SUV.
VinFast

Markets, Transportation, MI Exclusive, EV, Carmaker, Wealth, vinfast

An $11 trillion wealth wipeout has set the world back for the first time since 2008, thanks to a trifecta of high inflation, interest rates, and currency declines

Wed, 08/16/2023 - 06:14

Tech Insider : Economy

FILE PHOTO - U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration — U.S. dollar notes are seen in this picture illustration
Reuters

economy, Global Economy, global wealth, Billionaires, Millionaires, ubs, UBS research

A 200% EV IPO bonanza has boosted the wealth of Vietnam's wealthiest person eightfold to over $44 billion

Wed, 08/16/2023 - 03:20

VinFast CEO Le Thi Thu Thuy speaks to VinGroup founder and Chairman Pham Nhat Vuong at a VinFast event in Nha Trang, Vietnam April 9, 2022. — VinFast CEO Le Thi Thu Thuy (left) speaks to VinGroup founder and Chairman Pham Nhat Vuong.
Kevin Krolicki/Reuters

Markets, Tech Insider, Transportation, MI Exclusive, Electric Vehicles, vinfast, Vietnam

Ex-Goldman CEO Lloyd Blankfein phoned his successor to complain after taking a $50 million hit on the bank's stock - and even offered to rejoin the firm, report says

Fri, 08/11/2023 - 10:45

Lloyd Blankfein — Ex-Goldman Sachs CEO Lloyd Blankfein.
REUTERS/Wolfgang Rattay

Markets, MI Exclusive, Stocks, Goldman Sachs, Lloyd Blankfein, David Solomon, New York Times

AI could soon tell you the future value of your home

Thu, 08/10/2023 - 06:15

Tech Insider : Economy

Mortgage Rates — In this March 15, 2021 file photo, a sold sign stands in front of new home under construction in Houston. Mortgage rates remained near historic lows this week, Thursday, June 10.
AP Photo/David J. Phillip, File

economy, Real Estate, Housing, AI, MIT, Boston, Retirement

The world's 6 richest people are closing in on a $1 trillion combined net worth after the stunning rally in stocks this year

Mon, 08/07/2023 - 08:00

Jeff Bezos and Elon Musk — Jeff Bezos and Elon Musk.
Pascal Le Segretain/Getty Images and Michael M. Santiago/Getty Images

Markets, MI Exclusive, Wealth, Stocks, Musk, Jeff Bezos, Bloomberg Billionaire Index

Jeff Bezos is $11 billion richer after Amazon's earnings smash expectations

Fri, 08/04/2023 - 09:43

Amazon Founder and CEO Jeff Bezos addresses the audience during a keynote session at the Amazon Re:MARS conference on robotics and artificial intelligence at the Aria Hotel in Las Vegas, Nevada on June 6, 2019. — Jeff Bezos.
Mark Ralston/AFP/Getty Images

Markets, MI Exclusive, Stocks, amazon, Amazon stock, Jeff Bezos, Wealth

Progressive Democrats are proposing a new tax they say will help 'close the exorbitant wealth gap'

Thu, 08/03/2023 - 09:24

Tech Insider : Economy, Politics

Barbara Lee — Rep. Barbara Lee of California.
J. Scott Applewhite/AP

economy, politics, Tax, bill, Rich, Wealth, Democrats

Former NYC mayor Michael Bloomberg has had it with federal employees working from home

Wed, 08/02/2023 - 23:15

Tech Insider : Economy

Former New York mayor Michael Bloomberg. — Former New York City mayor and billionaire Michael Bloomberg isn't a fan of remote work.
Chesnot/Getty Images

economy, Careers, work from home, Micheal Bloomberg, Billionaires, Wealth, Workplace Culture

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