Latest in Boom Brings Wealth
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Inside Wall Street’s booming $1tn ‘synthetic risk transfer’ phenomenon
The latest three-letter acronym to excite and alarm peopleFinancial Times - 2h -
Esports are booming in Africa – but can its infrastructure keep pace?
Esports teams, leagues and competitions are flourishing, but poor connectivity and rarity of Africa-based servers are hampering expansion. On a recent Sunday afternoon in an upmarket neighbourhood ...The Guardian - 2h -
Brevan Howard and Galaxy Digital cash in on crypto boom
Crypto strategies made more than 30 per cent in November following Donald Trump’s election victoryFinancial Times - 3h -
Global demand spurring Indonesia's mining boom comes at a cost for many communities
Indonesia's mining industry is rapidly expanding on demand for the minerals needed to help power the global energy transition, like nickel, cobalt and bauxiteABC News - 1d -
The Once Booming Drug Town Going Bust Under Taliban Rule
Funding its war against the United States, the Taliban reaped millions from boom towns trading opium, heroin and meth. Victorious, the group crushed the trade, leaving ghost towns in its wake.The New York Times - 1d -
Macao's casino boom brings wealth but at a cost, 25 years since China's takeover
Macao has grown from a monopoly-driven gambling enclave into the world's biggest gaming hub, packed with Chinese tourists, since Beijing took control of the former Portuguese colony 25 years agoABC News - 1d -
Here are the best gifts to help your loved ones build wealth, whether your budget is $100 — or $1 million
By giving financial gifts, especially to children, you’re “encouraging people to become more engaged in their personal well-being, financially,” a financial planner, told MarketWatch.MarketWatch - 1d -
Increased November Retail Sales Fuel Hopes for Year-End Spending Boom
Better than expected business at U.S. stores raise hopes of even stronger holiday season buying results—ahead of a potential pullback after Trump’s tariffs are applied in 2025.Inc. - 1d -
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Global demand spurring Indonesia's mining boom comes at a cost for many communities
Indonesia's mining industry is rapidly expanding on demand for the minerals needed to help power the global energy transition, like nickel, cobalt and bauxiteABC News - 2d -
Lawsuit Accuses Georgetown of Admitting Students Based Solely on Wealth
The schools were accused of giving special treatment to wealthy students who might not otherwise have been admitted.The New York Times - 2d -
I’m 42 and married with no kids. I have $114K in a 401(k) and $1,400 in credit-card debt. How can I grow my wealth?
“I am not that familiar with investing, but currently educating myself about it.”MarketWatch - 2d -
Assad uncle used Guernsey adviser to secretly manage vast wealth
Rifaat al-Assad, the ‘Butcher of Hama’, identified as client of consultant who received ban and fine this year. An uncle of the recently ousted Syrian dictator Bashar al-Assad used an adviser in ...The Guardian - 3d -
40-year-old dad: I'm the first millionaire in my family—here's how I'm building generational wealth
Parent Portfolio co-founder Jonathan Sanchez says having kids inspired him to "build generational wealth that could change the trajectory of my family forever."CNBC - 4d -
Millionaire boomers less likely to share their wealth: Study
Data revealed that baby boomers, born from 1946 to 1964, plan to spend most of their wealth rather than reserve it for future generations.The Hill - 5d -
After Nvidia’s boom, what’s next for AI-related stocks?
Investor attention is likely to spread to companies actually using the technologyFinancial Times - 6d -
Michael Dell Spent 40 Years Preparing for an AI Boom No One Expected
The man who founded Dell in a Texas dorm room has transformed his company. It’s not just about PCs anymore.The Wall Street Journal - 6d -
Broadcom’s projections show more evidence of the AI boom expanding beyond Nvidia
Broadcom’s stunning projection for its potential opportunity in 2027 is more evidence that the artifical-intelligence boom in semiconductors is expanding beyond Nvidia — but there still is a lot of ...MarketWatch - 6d -
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In Nigeria's lithium boom, many mines are illegal and children do much of the work
Growing demand for the lithium used in batteries for electric vehicles and energy storage has created a new frontier for mining in NigeriaABC News - Dec. 12 -
Elon Musk’s wealth just crossed $400 billion — now he can say he’s Rockefeller rich
Musk’s wealth pile represents a 1.5% chunk of U.S. gross domestic product, putting him on par with John D. Rockefeller.MarketWatch - Dec. 12 -
‘It’s a pure form of gambling’: memecoins boom after Trump election
‘Hawk tuah girl’ Haliey Welch’s coin fails amid new wave of hype around crypto-related assets. It is a parable for the attention economy. A celebrity created entirely by social media, “hawk tuah ...The Guardian - Dec. 12 -
Indonesia’s plan for wealth fund controlled by president stirs concern
‘Super-holding’ company intended to support Prabowo Subianto’s strategic projects and boost growthFinancial Times - Dec. 12 -
How the Airline Boom May Benefit Suppliers and Smaller Partner Companies
Global airlines are forecast to clear $1 trillion in 2025 revenues, as per-passenger profit rise and travel volumes grow.Inc. - Dec. 11 -
Heathrow predicts Christmas travel boom
UK airport forecasts record December as United Airlines expects festive surgeFinancial Times - Dec. 11 -
Qatar’s $500bn wealth fund targets bigger deals as LNG windfall looms
New chief says QIA will deploy cash ‘more aggressively’ as it conducts investment review ahead of huge influxFinancial Times - Dec. 11 -
Inside Salt Lake City's booming banking industry
CNBC takes viewers on a deep dive into Salt Lake City's booming industrial banking sector.CNBC - Dec. 10 -
New Koreatowns rise in US amid cleantech boom
The communities are an unintended side-effect of growing South Korean investment in the USFinancial Times - Dec. 10 -
TSMC posts 34% surge in November sales in sign of ongoing AI boom
TSMC’s sales have surged over the past two years on the back of booming demand for advanced microchips following the launch of ChatGPT in Nov. 2022MarketWatch - Dec. 10 -
US chipmaking boom in doubt after Biden’s defeat
Executives wary after president-elect Donald Trump criticised subsidy programme in Chips Act as a ‘bad’ dealFinancial Times - Dec. 10 -
Vanguard to accelerate wealth management drive in restructuring
World’s second-biggest asset manager will break advice business into separate unitFinancial Times - Dec. 9 -
The weight-loss drug boom has become one of the internet's biggest scams
As demand for obesity drugs like Wegovy, Zepbound, Mounjaro and Ozempic, outpaces supply, online scams are rising, according to cybersecurity experts.CNBC - Dec. 8 -
A Uranium-Mining Boom Is Sweeping Through Texas
State leaders want nuclear reactors to provide consistent, low-carbon power for AI, oil extraction, and more. But in South Texas, people worry mining for fuel will poison their water.Wired - Dec. 7 -
World economy has exited the ‘boom and bust’ cycle, BlackRock says
‘Mega forces’ including artificial intelligence technologies are reshaping the global economy in a way that has seen it leave behind traditional boom and bust cycles, BlackRock saidMarketWatch - Dec. 5 -
Claridge’s owner to triple its number of hotels as luxury travel booms
Maybourne wants to create a portfolio of properties, from Paris to New York and Dubai, in a decadeFinancial Times - Dec. 4 -
Billion dollar squirrel: Trump effect fuels crypto’s ‘memecoin’ boom
Tokens based on online viral moments outpace bitcoin over past month but critics say they reflect market frothFinancial Times - Dec. 4 -
George Osborne is a walking ad for a wealth tax. Labour should target the inheritocracy | Polly Toynbee
‘Tax wealth, not work’ would be a powerful message for Starmer and Reeves – are they bold enough to pursue it?. Now he’s retired from casting millions of people into poverty, George Osborne has ...The Guardian - Dec. 3 -
Why is vintage audio equipment booming?
Music lovers are buying up old cassette, CD and record players and getting them fixed.BBC News - Dec. 3 -
Bitcoin's post-election boom
Presented by LGBT Tech — {beacon} Technology Technology PRESENTED BY The Big Story Bitcoin's boost for Trump Bitcoin has blasted through a series of record highs since President-elect Trump’s ...The Hill - Dec. 2
