Who Wants To Be A Zillionaire? Top 1% Has Half Of All Household Wealth
It's official: A report from the Swiss bank Credit Suisse says it's good to be at the top.
Home Depot Projects Massive Hurricane Recovery Sales
The hurricanes boosted the company's sales by $282 million in recent months.
The Rich Get Richer: Big Bonuses For Bankers Are Making A Comeback
Except for the poor bond trader.
Twitter CEO Dorsey: Trump's Deactivation "Should Never Have Been Possible"
"We hold every single account to the same standards, the same rules and the same policies."
Former J.Crew Head Mickey Drexler: "The Last Two Years Have Not Been Fun"
The struggling retailer tried to get Amazon to buy it, but had no luck.
Mark Cuban: "I'm Honestly Considering" Running For President
"Given the circumstances there’s a unique opportunity for someone, like me, who’s independent and not affiliated with party in any way."
Starbucks Chairman Trashes Tax Bill As "Fool's Gold"
"This is not tax reform, this is a tax cut."
Snap Value Disappears As User Growth Disappoints
The "camera company" shares are down more than 15%.
Air Force Failed To Alert The FBI To Church Shooter's Past, Allowing Him To Obtain Guns
That failure seems to have allowed Devin Patrick Kelley to buy the weapons he used in the massacre. The Air Force has launched a review of its procedures.
Four Things We Learned Today About The Labor Market
Job growth returns, but wage growth is still slow and disappointing.
Five Things To Know About Jerome Powell, Trump's Pick To Run The Fed
Jerome Powell — known as Jay — is a Republican who's bounced back and forth between government and finance for decades.
The Vampire Squid Is Lending Money To Average Joes
Marcus, the year-old consumer lending business of Goldman Sachs, has already made nearly $2 billion in loans, targeting people who wear jeans rather than suits.
The Biggest Mistakes Women Make With Their Money
Sallie Krawcheck, the Wall Street powerhouse who founded Ellevest — an investment firm aimed at women — offers her dos and don'ts.
Amazon's Stock Price Tops $1,000 A Share As Company Issues Whopper Earnings Report
Amazon reported stronger-than-expected earnings on Thursday and predicted even stronger results for the holiday season.
Uber's New Credit Card Knows How Much You Love Netflix And Eating Out
The company's new credit card, coming Nov. 2, will offer a collection of rewards that look like what everyone thinks millennials want.
Trump Is Claiming Credit For The Growing Economy Too Fast, Too Soon
The president tweets nonstop about how great things are, and takes credit for them. Really?
Financial Pundit: "Thank God White People Populated America, And Not The Blacks"
The Hong Kong-based strategist included shocking comments about race in a 15-page newsletter.
At Long Last, You Can Buy Stuff Lots Of Places With Venmo
"Venmo users want to use Venmo to pay for everything."
Everything Totally Sucks, So Why Are The Markets Booming?
Trying to understand a rally of "epic proportions" at a time of mass shootings, fires, floods, Kim Jong Un, racial discord, and (of course) Donald Trump.
Richard Thaler Wins Economics Nobel
The University of Chicago professor works on the overlap between psychology and economics. "Economic agents are human and...economic models have to incorporate that.”