After the historic plunge of US Treasury yields causing economic panic and fears of a global slowdown, the yields rose Friday, Aug. 16, edging Asia stocks. Last Aug. 15, the yield on the 10-year Treasury note moves below 2% or...
Stock-market trader and billionaire Charles Schwab recently decried the potentially negative effects of the wealth tax proposed by presidential candidates Elizabeth Warren and Bernie Sanders. Bloomberg reported that Schwab believes such taxes to be a “negative reward for success.” In...
Billionaire Michael Rubin recently said that there should be “more pressure” on the wealthy to do charity works rather than to impose a tax on them. CNBC reported that the e-commerce tycoon believes that it is better to rely...
Tilney and Smith & Williamson, two of Britain’s biggest private wealth managers, are currently in talks over a potential merger that could lead to an approximately £45bn in assets under management. According to a report from Financial Times, the two...
According to reports conducted about the Bitcoin network, less than 5% of addresses own a vast majority of all existing Bitcoins (BTC). In research by News BTC, it was revealed that 1% of these individuals control more than half...
Social media platform Twitter donated a total of $1 million to two organizations, Committee to Protect Journalists and International Women’s Media Foundation. The move helps to disseminate responsible journalism and news amid the flu pandemic happening these days. The reporting...
The US-China trade war is still on-going, four-weeks in a row now. Given President Donald Trump’s decision to raise tariffs by $325 billion just this week, not only businesses from two nations will suffer, but also the investors which drive...
Forbes recently accused Kylie Jenner of “white lies, omissions and outright fabrications” after kicking her from its list of billionaires. The report revealed the process that the Kardashian-Jenner family allegedly took to place the Kylie Cosmetics owner to the...
For most Americans, a person should have a personal net worth of $2.3 million, according to a new survey. The figure is 20 times more than the actual median wealth of U.S. households, according to the 2019 Modern Wealth Survey...
Jeffrey Bezos, CEO and founder of Amazon, is set to divorce Mackenzie Bezos following the discovery of his affair with a former TV anchor, as reported by Business Insider. The two have been together for 25 years up until...

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