Latest in Wealthy Keep Spending
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Steve Bannon supports increasing taxes on the wealthy
President-elect Trump’s onetime White House adviser Steve Bannon said in an interview he supports increasing taxes on the wealthy and corporations. "I’m for a dramatic increase in corporate taxes. ...The Hill - 6h -
As the wealthy keep spending, here’s why the middle class is in for a tough 2025
Over the last year, middle-income Americans have started to behave more like lower-income consumers, an economist noted. More inflation and a tight job market in 2025 stand to increase pressure on ...MarketWatch - 11h -
‘I worked hard for my savings’: I’m 71 and a retired teacher. I want to give my kids money — but my daughter spends lavishly and my son is wealthy.
“I have been reading about the idea of giving your children money when they need it the most, rather than waiting until you die.”MarketWatch - 19h -
Jeffries: GOP led by wealthy 'puppeteers'
House Minority Leader Hakeem Jeffries (D-N.Y.) slammed GOP leaders Thursday evening after the Republicans' Trump-backed plan to fund the federal government and raise the debt ceiling was trounced ...The Hill - 1d -
Watch: House votes on spending bill
The House is slated to vote on the revamped government spending bill Thursday evening. Speaker Mike Johnson (R-La.) initially proposed the continuing resolution Tuesday evening, but was met with ...The Hill - 1d -
Lawsuit Claims Elite Universities Favor Wealthy Students in Admissions Process
The case shows a rare peek at the secret deliberations of university leaders and admissions officials.Inc. - 2d -
Alberta's premier responds to Trump's trolling by saying Canada's oil helps make America wealthy
Alberta’s premier responded to President-elect Donald Trump’s trolling of Canada by saying the trade deficit with the country is due to billions of raw materials being sent south which creates ...ABC News - 2d -
Morning Report — Congress tries to keep the lights on
In today’s issue: Congress is poised to avert a government shutdown — with hours to spare, necessary assistance from Democrats and some uproar from conservatives. As lawmakers stare down a Friday ...The Hill - 2d -
‘She has two financially stable children’: Does it make sense for my wealthy mother, a recent widow, to take out a $100,000 life-insurance policy?
“It was generous of our mom to offer.”MarketWatch - 2d -
Elite universities including MIT, Georgetown accused in court filing of favoring wealthy in admissions
A new motion filed Monday in a lawsuit spanning back two years accuses elite colleges of secretly favoring the wealthy in the admissions process and demanding $685 million in damages. The new ...The Hill - 3d -
Wait continues for details on short-term spending bill to keep government running
Congress has until Friday at midnight to pass a short-term spending bill and avoid a government shutdown, but the text of the bill has yet to be released. CBS News political reporter Taurean Small ...CBS News - 3d -
Drone outrage grows as federal agencies keep mum
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Outrage over drones grows as federal agencies stay mum Officials ...The Hill - Dec. 13 -
Costco posts another sales miss — but sees gains among wealthy shoppers and in this Amazon-disrupted business line
Costco shares slipped after hours Thursday after the membership warehouse retailer reported mixed results.MarketWatch - Dec. 13 -
Australia to force tech giants to keep paying for news
The long-awaited decision follows a standoff with Meta, and succeeds a world-first law from 2021.BBC News - Dec. 12 -
Wealthy real estate brokers and their brother indicted on sex trafficking charges
Real estate brokers Oren and Tal Alexander and their brother, Alon, have been indicted on charges of sex trafficking. CBS News' Shanelle Kaul reports on the federal investigation.CBS News - Dec. 11 -
Winners and losers of Labour spending review
Funding tug of war looms between Treasury and Downing Street as party’s political machinery tightensFinancial Times - Dec. 11 -
Government department spends £1,200 on two folders
It comes as Chancellor Rachel Reeves asks departments to highlight savings they can make in the next few years.BBC News - Dec. 10 -
Reeves vows to cut 'waste' in spending review
The chancellor says "efficiency savings" will ensure enough funding for key public services.BBC News - Dec. 10 -
Investors need to keep an eye on Ukraine
Now is the time for money managers to at least think about how they would respond if peace broke outFinancial Times - Dec. 10 -
UK 'keeping close eye' on British jihadists
Home Office minister Angela Eagle tells the BBC that UK intelligence services are monitoring the situation.BBC News - Dec. 10 -
Romero criticises Spurs board for lack of spending
Tottenham defender Cristian Romero criticises the club's board for a lack of investment following Sunday's disappointing 4-3 defeat home by Chelsea.BBC News - Dec. 10 -
Hegseth: Trump told me 'to keep on fighting'
Pete Hegseth, President-elect Trump's choice for the top post at the Pentagon, said Trump encouraged him to "keep on fighting," despite a slew of negative headlines leaving his nomination in ...The Hill - Dec. 10 -
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How to Keep Your Own Soul Safe in the Dark
Even at my lowest, I have never entirely given up my faith that good people working together can change the world for the better.The New York Times - Dec. 9 -
Spending on TikTok Shop Rises as App Faces Ban
TikTok Shop sales had reached $100 million on Black Friday.Inc. - Dec. 8 -
The science behind winning a Nobel Prize? Being a man from a wealthy family | Torsten Bell
A lot of talent is wasted in a world where more than half of laureates come from households in the richest 5%. We like scientific breakthroughs. Humanity ultimately relies on them. So it matters if ...The Guardian - Dec. 7 -
A Framework for Keeping Technology for Children Safe
The key to balancing tech features and safety is this: Tech in Steps.Inc. - Dec. 7 -
Party like it’s 1899: the young, wealthy women still attending debutante balls
Opulent celebrations of well-born women became déclassé under Elizabeth II, but the tradition is making a comeback. The event began with an opening dance, then the “debutantes lined up for a ...The Guardian - Dec. 7 -
Wealthy Americans are still ducking the IRS crackdown on non-filers
WASHINGTON — Tens of thousands of wealthy Americans are not complying with recently revamped Internal Revenue Service efforts to get them to file tax returns, according to data obtained exclusively ...NBC News - Dec. 7 -
Keeping Your Personal Data Safe in the Age of Trump
Our security and business editors join us to discuss how you can protect your personal information from data brokers, tech companies, scammers, and the government.Wired - Dec. 6 -
Starmer to launch major government spending review
Ministers told to make their case for money from tight public fundsFinancial Times - Dec. 6 -
Wealthy Americans are still ducking the IRS crackdown on non-filers
Tens of thousands of wealthy Americans are not complying with recently revamped IRS efforts to get them to file tax returns.CNBC - Dec. 6 -
It’s Not Too Late to Rein In Holiday Spending
Research suggests that you’ll spend less than you otherwise would by setting a strict budget — even if you go over the budget.The New York Times - Dec. 6 -
Hegseth Is Fighting to Keep His Nomination Alive
Also, the police are chasing several leads in New York manhunt. Here’s the latest at the end of Thursday.The New York Times - Dec. 6 -
A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
An Indigenous Group in Quebec Tries to Keep the Caribou Alive
The Canadian government is threatening to use emergency measures to protect three caribou herds at risk of dying out in Quebec.The New York Times - Dec. 4 -
The top books and experiences for the wealthy this holiday season
J.P. Morgan Private Bank's "NextList2025" includes four museums, two wineries, four Broadway shows and 10 books.CNBC - Dec. 3 -
Nicholas Hoult is a man of character — and it's keeping him busy
'What I enjoy doing is trying to disappear and not do the same thing over and over again,' says the actor with three recent releases: 'Juror #2,' 'The Order' and 'Nosferatu.'Los Angeles Times - Dec. 3 -
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Keeping the Peace: Talking Politics in the Workplace
A leader’s how-to guide for navigating and managing political conversations in the office.Inc. - Dec. 2
