Microsoft founder Bill Gates says in an interview with The Verge that he doesn’t have a problem with increasing tax for the rich but proposals targeting high-income brackets are missing the point.
Gates says tax increase should focus on wealth...
A record-breaking household wealth decline of 2.1 per cent was seen by the Australian Bureau of Statistics (ABS), dubbed as the largest decrease since the year 2011.
In an article published by Bloomberg, the drop in household wealth can be...
Swiss company Unigestion is planning to penetrate the United Kingdom market with a wealth management service, says Investment Europe. The firm’s London location acknowledged in the sector coordinating with local authorities and pension fund companies.
UK and Ireland head Lloyd...
The New York Times reports that Senator Elizabeth Warren is slated to propose a plan, aiming to enforce a yearly tax on America’s wealthiest families. With 75,000 households covered by this plan, Democrats intend to set a more even...
The 2020 Presidential elections are around the corner and with new statistics showing that the wealth gap in America is back at the roaring twenties, experts claim that this should be addressed once again.
New research by University of California...
Renowned Swedish furniture maker, IKEA, has agreed to pay the $46 million settlement following the death of a 2-year-old toddler via a recalled Malm dresser. The dresser reportedly crushed the toddler to death.
According to NPR, there have been at...
In an attempt to revamp its wealth management business, banking giant JPMorgan Chase & Co. is set to put their several divisions together to form a new unit that will focus on advising clients with up to $10 million...
The wealth gap in the US is at an all-time high in a span of more than 50 years, says the Census Bureau. According to Fox Business, the measurement of income inequality has been climbing within a few decades.
In...
The UK’s flower industry is in full bloom with the revenue of £121M, according to the Department for Environment, Food and Rural Affairs.
One of the reasons for this increase is the decline of imported steams, which add to the...
The year 2018 seems to be a good one for the United States’ 0.1% as it was the year the number of households earning millions has increased, Bloomberg says. In fact, millionaire households have even gone beyond the number...
