Wealthiest 1% Set Record with $44 Trillion Total Net Worth
The richest 1 percent of Americans, led by President Joe Biden, set a record with a net worth of $44 trillion at the end of the fourth quarter, data from the U.S. Federal Reserve showed. A recent Lending Club study found that Biden has come to power to combat the widening gap between rich and […]
Biden jokes about Trump being ‘crushed by debt’ after ex-prez’s net worth soars to $6.4B
President Biden joked on Tuesday that Republican nominee Donald Trump is “crushed in debt,” a day after it was reported that his net worth had ballooned by billions of dollars. “The other day, a guy who lost came up to me and said, ‘Mr. told a crowd at a campaign fundraiser in Raleigh, North Carolina. […]
Jerry Seinfeld’s net worth tops $1 billion
Yada, yada, yada… Jerry is a millionaire! Comedian Jerry Seinfeld, who co-created the classic sitcom “Seinfeld” with his friend Larry David, is the man behind the classic sitcom “Seinfeld,” according to the Bloomberg Billionaire Index, the first to assess his wealth. , who is said to be smiling all the way to the bank after […]
Spot Bitcoin ETF net inflows drop by 80% as BTC price dips below $69K – Cointelegraph
The US-based Spot Bitcoin exchange-traded fund (ETF) recorded its lowest net inflows ever on March 14, with net inflows of just $132 million. This is the lowest level in eight trading days and has fallen 80% since March 13th. Thursday’s decline was the second consecutive day of declines. Wednesday’s inflows reached $684 million, down 38.3% […]
How to ease the labor shortage by fixing the social safety net
The United States is in the unenviable position of a labor shortage, with too few workers chasing too many jobs. Economists are full of speculation about solutions to this labor shortage. But one factor that could be helpful and is too often ignored is the way our country’s current safety net system prevents people from […]
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BlackRock's iShares ETFs record $788M net inflow as Bitcoin bull run gathers pace – Cointelegraph
BlackRock’s (IBIT) iShares exchange-traded fund (ETF) hit its highest single-day inflow of $788 million on March 5th, and the all-time high of $612.1 million on February 28th. exceeded. The Bitcoin ecosystem has reached two landmark milestones: Bitcoin (BTC)’s new all-time high of $69,324 and the inflow of spot BTC ETF investments in the United States. […]
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Nvidia CEO’s net worth surges along with tech giant’s stock
Investment manager James Demmert recommends including Nvidia in a “core” portfolio, predicting growth “over several years.” Nvidia CEO Jensen Huang’s net worth soared $9.6 billion on Thursday as the AI chip maker’s stock soared after it reported better-than-expected quarterly results. Hwang’s total net worth is estimated at $69.2 billion, according to the Bloomberg Billionaires Index. […]