Latest in Wealth Divides
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Friendships that bridge wealth divides help social mobility, study finds
Children from poorer families growing up amid a mix in income groups are likely to earn more as adults. Friendships that bridge economic divides are good for social mobility, a major study has ...The Guardian - 5d -
How a reverse mortgage affects generational wealth
When used strategically, a reverse mortgage can support generational wealth while allowing you to age in place.CBS News - Mar. 13 -
Women will get most of the $124 trillion 'great wealth transfer.' Here's why
Women stand to benefit disproportionately from the greatest generational wealth transfer in history, studies show.CNBC - Mar. 12 -
Women will get most of the $124 trillion 'great wealth transfer.' Here's why.
As part of the ‘great wealth transfer,’ more than $100 trillion is projected to change hands in the coming decades.NBC News - Mar. 12 -
Americans deeply divided over DEI programs: Survey
Americans are deeply divided over diversity, equity and inclusion (DEI) programs, with significant differences emerging depending on voters' political affiliation, according to a survey published ...The Hill - Mar. 18 -
Norway’s sovereign wealth fund buys a quarter of London’s Covent Garden
Shaftesbury Capital sells stake in estate, which includes shops, market and transport museum site. Business live latest updates Norway’s sovereign wealth fund, the world’s biggest, has made a ...The Guardian - Mar. 20 -
World's largest sovereign wealth fund invests $740 million in London's Covent Garden
Norway's $1.8 trillion sovereign wealth fund on Thursday said that it struck a deal to buy a quarter of London's iconic Covent Garden.CNBC - Mar. 20 -
Law firms divided over response to Trump orders
The diverging paths taken by three law firms targeted by the Trump administration show a major divide over how the legal community is responding to a White House ratcheting up the pressure. The ...The Hill - 4d -
Shutdown showdown leaves Democrats deeply divided: From the Politics Desk
The fight over a looming government shutdown as left the Democratic Party deeply divided as they try to find their footing in the second Trump administration.NBC News - Mar. 14 -
Poll: American voters are deeply divided on DEI programs and political correctness
The issue of diversity, equity and inclusion programs is among the most tightly divided and polarizing questions in the United States at this time, with wide gaps emerging along partisan and racial ...NBC News - Mar. 18 -
What will Trump mean for personal wealth?
Pension funds, retail investors and money managers are worrying about the future of American capital marketsFinancial Times - Mar. 10 -
Trump signs spending bill that united Republicans but divided Democrats
President Trump signed Congress' bill to keep the government open on Saturday. The vote for the six-month spending bill united Republicans but left Democrats bitterly divided. Willie James Inman ...CBS News - Mar. 15 -
Trump says ‘contract’ being drafted on ‘dividing up’ land in Ukraine war
President Trump said “contracts” are being negotiated to divide up land as part of a final deal ending Russia’s war in Ukraine and reiterated that a ceasefire could come “pretty soon.” “They are ...The Hill - Mar. 21 -
Eye on America: Bridging the racial divide, addressing school absences and more
We travel to Louisville, Kentucky to see how residents work to bridge the racial divide. And we visit a Connecticut school finding creative ways to bring students back and lower absences. Watch ...CBS News - 2d -
Spectre Divide Is The Latest Live-Service Casualty, Game And Dev Shutting Down
Spectre Divide developer Mountaintop Studios has announced that the free-to-play game will be shutting down just six months after it first launched. While the 3v3 first-person shooter received ...GameSpot - Mar. 13 -
Wealth managers dump investment trust shares
But retail investors buy into the troubled sectorFinancial Times - Mar. 8 -
A Supreme Court Case Threatens the Church-State Divide
The case invites further fragmentation of public education.The New York Times - Mar. 9 -
The illicit oil trade that is keeping Libya divided
Heavily subsidised fuels are being smuggled out of the country and sold abroad, helping sustain its rival political factionsFinancial Times - Mar. 21 -
Are Nigerians abroad widening the class divide back home?
Some locals find they cannot compete with those holidaying from the diaspora who are nicknamed I Just Got Back.BBC News - 6d -
PwC and Saudi Arabia’s sovereign wealth fund clash over hiring of executive
‘Friction and angst’ over Neom auditor preceded Public Investment Fund’s ban on Big Four firmFinancial Times - Mar. 7 -
Trump Promised Americans Booming Wealth. Now He’s Changing His Tune.
President Trump’s sweeping promises are running headlong into the reality of governing.The New York Times - Mar. 11 -
HSBC and UBS expand India wealth management arms after IPO boom
Banks to offer bespoke services and cater to households outside big cities as record listings create new millionairesFinancial Times - Mar. 17 -
UK Treasury omits defence from National Wealth Fund priority sectors
Decision comes even as government joins other European countries in seeking to raise military spendingFinancial Times - Mar. 19 -
Wealth and Warfare Empower a Rwanda-Backed Militant Group in Congo
The M23 militia is ruling over a vast stretch of territory in the eastern part of the Democratic Republic of Congo, threatening the sovereignty of the biggest country in sub-Saharan Africa.The New York Times - Mar. 20 -
Indonesia names billionaire investor Ray Dalio as sovereign wealth fund adviser
Investors voice concern over governance at fund expected to manage state assetsFinancial Times - 5d -
Fast Financial Freedom and The Skyscraper Portfolio
This wealth-building model incorporates mindset with multiple levels of business strategies.Inc. - Mar. 12 -
March Madness Is Sure to Be Chaotic. Your Bracket Name Can Be, Too.
The men’s and women’s tournaments provide a wealth of puns for schools, players and coaches.The New York Times - Mar. 16 -
10 Business Podcasts That Will Make You a Better Leader
Entrepreneurs can gain a wealth of advice on building a company to understanding economic changes.Inc. - Mar. 21 -
‘Keep pivoting’: Piyush Gupta hands over Singapore’s biggest bank after 16 years
DBS chief embraced technology and rode tailwinds of regional growth and rising wealthFinancial Times - 3d -
'We don't need a Gail's' - the coffee shop boom dividing locals
The controversial cafe chain is expanding outside London but locals often have mixed feelings.BBC News - Mar. 9 -
The Democratic Divide: Would a Shutdown Have Helped or Hurt Trump?
The party’s split over supporting a spending extension to avert a lapse in government funding boiled down to a practical question of how much power the president has in a shutdown.The New York Times - Mar. 15 -
The Memo: Divided Democrats squander chances to expose Trump’s vulnerability
President Trump is not the political colossus he and his supporters claim — and everything from the stock market to his opinion poll ratings prove it. The problem for Democrats is that their own ...The Hill - Mar. 15 -
Trump says discussions have begun to divide assets between Ukraine and Russia
President Trump said negotiators have begun discussing the division of assets between Russia and Ukraine in an effort to bring to an end the war.NBC News - Mar. 17 -
Dining across the divide: ‘I see the welfare state as bloated, corrupt’
One is a long-term Labour voter, the other has had his head turned by Reform. Will they agree on dogs, disability benefits and the climate crisis?. Philip, 73, Bristol . Occupation Retired ...The Guardian - 23h -
Dining across the divide: ‘I see the welfare state as bloated, corrupt’
One is a long-term Labour voter, the other has had his head turned by Reform. Will they agree on dogs, disability benefits and the climate crisis?. Philip, 73, Bristol . Occupation Retired ...The Guardian - 23h -
Pension funds don’t take ‘anywhere near enough risk’, says UK national wealth fund executive
Ian Brown tells FT that managers need to back infrastructure projects before construction under wider net zero pushFinancial Times - Mar. 16 -
Starmer is zigging where Blair zagged
Labour’s controversial plans to reform welfare illustrate the divide between the twoFinancial Times - Mar. 18 -
Musk’s Tweet-Fueled Bubble May Be About to Burst
His greatest achievement is building a financial cult that serves as the engine for his enormous wealth.The New York Times - Mar. 10 -
Junior Bridgeman, NBA player-turned-billionaire businessman and Bucks minority owner, dies at 71
Bridgeman played more than a decade in the NBA before amassing a reported $1.4 billion in wealthCBS Sports - Mar. 12