Latest in Wealth Creation Booming
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Wealth creation is booming as multimillionaire population jumps 5.2% in the U.S.
The U.S. is now home to almost 40% of the world's super rich, nearly double the share in China, which has the next highest contingent of multimillionaires.CNBC - 7h -
Hong Kong targets creation of rival to Euroclear
Authorities explore new Asian settlement house to boost global use of renminbiFinancial Times - 2d -
Roberto Cavalli ignites Milan runway with fiery creations inspired by ancient Pompeii
Fausto Puglisi offered a grand tour of Pompeii in his latest collection for Roberto Cavalli presented Thursday during Milan Fashion WeekABC News - 6d -
Treasury Secretary Scott Bessent announces creation of an "affordability czar"
Treasury Secreatry Scott Bessent described the new role as "someone who picks the five or eight areas where this administration can make a big difference for working class Americans."CBS News - 4d -
What to know about Ukraine's mineral wealth
President Donald Trump says the United States and Ukraine are poised to sign an agreement on rare earth minerals “and other things” — or at least they were before a heated moment between him, Vice ...NBC News - 6d -
No, it's not the circus. Acrobatics and tumbling, a mashup of gymnastics and cheer, is booming
Acrobatics and tumbling is one of the NCAA's fastest-growing sportsABC News - Feb. 20 -
Anatomy of a kit: Inside the creation of Nike's new 2025 NWSL jerseys and how they came to be
All 14 NWSL teams have sharp new kits for the upcoming season, and here's the story behind themCBS Sports - Feb. 27 -
Who’s St. Francis, whose love for the poor, creation, and peace inspires Pope Francis?
St. Francis is the medieval Catholic saint whose spirituality focused on loving the poor, creation, and peaceABC News - 1d -
'I'm not a wealth hoarding boomer - my grandchildren want for nothing'
Money from boomers is propping up the next generation, rather than being hoarded, says a pensioner.BBC News - Feb. 22 -
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Qatar uses sovereign wealth to entice venture capital to Doha
QIA will continue to invest most of its wealth outside the Gulf state but wants to make the country a regional hub for VCFinancial Times - Feb. 24 -
Ukraine Nears a Deal to Give U.S. a Share of Its Mineral Wealth
President Trump said that Ukraine’s president may soon visit the White House to sign a deal, though how it ties in to efforts to end the Russian invasion and guarantee Ukraine’s security is unclear.The New York Times - Feb. 24 -
4 reasons why a US sovereign wealth fund is a bad idea
President Trump has issued an executive order to develop a plan for the establishment of a sovereign wealth fund, but this idea is not feasible as the federal government has no excess wealth and ...The Hill - Feb. 25 -
Looking forward to the great wealth transfer? Expect an $84 trillion mess instead.
Without proper estate planning, a lot of that money could end up going toward legal fees and taxes instead of to heirs.MarketWatch - Feb. 25 -
Could Ukraine's mineral wealth buy it U.S. protection from Russia?
The Trump administration is apparently nearing a deal with Ukraine that could grant the U.S. access to mineral resources in exchange for security guarantees.CBS News - Feb. 25 -
UK National Wealth Fund boosts support for energy efficiency in social housing
Rebranded UK Infrastructure Bank will guarantee loans from insurer RothesayFinancial Times - 6d -
Inside Ukraine's titanium mines as Trump seeks U.S. stake in mineral wealth
Former President Trump is pushing for a deal that would grant the U.S. a major stake in Ukraine's natural resources, including its vast titanium reserves, in exchange for post-war reconstruction. ...CBS News - 6d -
Newly discovered part of immune system could unlock wealth of antibiotics
New part of the immune system - hidden inside our bodies - could be used to make new antibiotics.BBC News - 22h -
Singapore’s DBS courts rich Chinese with wealth manager hiring spree
Expansion comes as other banks grow wary of customers from China after S$3bn money-laundering scandalFinancial Times - 19h -
Why Trump’s Clean Energy Rollbacks Could Derail a Factory Boom
With the Trump administration reversing support for low-carbon power, the business case for making wind, solar and electric vehicle parts gets weaker.The New York Times - Feb. 20 -
China taps tech talent to boost AI data centre boom
Beijing is pooling resources from the private and state sectors to accelerate adoption of the fast-developing technologyFinancial Times - Feb. 22 -
Why More People Are Embracing the Alcohol-Free Drinking Boom
Health-conscious drinkers are fueling a nonalcoholic beverage boom—with help from the startup Monday Morning.Inc. - Feb. 22 -
Hungarian film-makers struggle for funding despite production boom
While country draws international talent, domestic movies are more likely to get made if they align with Orbán politics. The office of Proton Cinema lies on the ground floor of a modernist house in ...The Guardian - Feb. 27 -
Nvidia revenues jump almost 80% on booming AI chip sales
Chief Jensen Huang says demand remains strong despite worries China’s DeepSeek could stymie growthFinancial Times - Feb. 27 -
Nvidia’s Profit Jumps 80 Percent as Company Rides Tech’s AI Boom
The Silicon Valley company, which dominates the market for chips needed to build A.I. systems, said revenue was up 78 percent from a year earlier.The New York Times - Feb. 27 -
Ice contractor plans for surveillance boom under Trump migrant crackdown
Geo Group, an Ice partner, is moving at ‘unprecedented speed’ to build out its monitoring, executive chair says. The Geo Group, the largest single private contractor to US Immigration and Customs ...The Guardian - Feb. 27 -
Texas workers face mounting dangers in the heart of America's greatest oil boom
This story was produced in partnership with the Pulitzer Center. It is part one of a four-part series. Jose Gonzalez* wore no mask, despite the toxic chemicals he worked with in the oilfield. "One ...The Hill - 3d -
Power struggle: will Brazil’s booming datacentre industry leave ordinary people in the dark?
While millions live with regular blackouts and limited energy, plants are being built to satisfy the global demand for digital storage and processing – piling pressure on an already fragile system ...The Guardian - 2d -
Energy Secretary Chris Wright throws support behind geothermal boom
Secretary of Energy Chris Wright on Tuesday threw his support behind a vast expansion in geothermal energy. Emerging forms of geothermal use technology from the fossil fuel industry to generate ...The Hill - 13h -
Tell your adult children about your wealth — just don’t tell them everything
Some parents might be concerned that their children will want more and do less.MarketWatch - Feb. 22 -
Look at Donald Trump and his gang of broligarchs – and tell me we don’t need a wealth tax | Brian Cox
I played a fictional billionaire on TV. It’s time world leaders got serious about taxing the real ones. Brian Cox played Logan Roy in HBO’s Succession and is a supporter of Patriotic Millionaires ...The Guardian - Feb. 25 -
The ultimate signs of wealth: do you most covet a kitchen island – or early retirement?
Forget a Porsche and a Rolex. A new survey has thrown up some interesting signifiers of what it means to be wealthy today. Name: Wealth signifiers.. Age: We know from cave paintings and burial ...The Guardian - Feb. 26 -
Meet the Company Talking Big About Using AI to Render Private Wealth Managers Obsolete
Range hasn’t released a client-facing AI agent yet, but CEO Fahad Hassan claims private wealth managers will be gone in a decade.Inc. - Feb. 27 -
This money pro’s wealth-building secrets can help you gain financial independence
Tori Dunlap, founder of Her First $100K, wants you to be smart about spending and saving.MarketWatch - 6d -
These stocks are getting a boost from latest twist in Trump’s plan to tap mineral wealth
President Donald Trump, fresh from his clash with President Volodymyr Zelensky of Ukraine, is eyeing America’s mineral wealth.MarketWatch - 1d -
Women's pro tennis introduces paid maternity leave funded by Saudi sovereign wealth fund
Eligible players will receive up to 12 months of paid maternity leave and will have access to grants to cover fertility conception and egg freezing treatments.CNBC - 4h -
In a boom era for big music venues, the Shrine gets a facelift for its 100th anniversary
On a recent Friday night, the French disco band L'Impératrice took the stage at the Shrine Expo Hall, framed in a spray of huge LED panels.Los Angeles Times - Feb. 19 -
Fantasy Baseball Today: All Boom-or-Bust All-Stars, Sean Manaea's injury and subsequent rankings slide, more
Plus, why Chris Towers' confidence in Francisco Alvarez has been shakenCBS Sports - Feb. 25 -
Amazon bets savings from automation can help fuel AI spending boom
US tech giant expected to spend as much as $25bn on warehouse automation in broader efficiency driveFinancial Times - Feb. 26 -
A samba school rises to Rio Carnival's top league, bringing an economic boom to its poor residents
Carnival always breathes life into the economy of Vila Vintem, on Rio de Janeiro’s west side, but this year there’s even more, with its Unidos de Padre Miguel samba school back in the top parade ...ABC News - 4d