Wealth

President Donald Trump gestures toward journalists shouting questions as he departs the White House May 29, 2018 in Washington, DC. Win McNamee | Getty Images President Donald Trump is the favorite candidate of America’s millionaires — and his support seems to be strengthening. Asked which candidate they support for president in 2020, 36% of millionaires
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Eiffel Tower fireworks. Fred Dufour | AFP | Getty Images T’is the season to be gloomy, when the world’s prognosticators provide their competing lists of the coming year’s top risks. And there are plenty of candidates, from Iran to North Korea, and from American elections to global warming. Acting on the advice of Winston Churchill,
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Mark Wragg | Stockbyte | Getty Images Credit cards are a growing problem for everyone. Overall, Americans have $830 billion in credit card debt as of the second quarter of 2019, a 6% jump year over year, according to the most recent report from Experian. It is the second-fastest-growing type of debt, after personal loans,
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CNBC’s Jim Cramer said on Tuesday that Sen. Elizabeth Warren missed her chance to court ultra-wealthy voters who may have naturally supported her 2020 presidential run. “She’s scared people, and that’s why I think people are flocking to other candidates,” Cramer said, referring to Warren’s bank-bashing and wealth-taxing proposals. The Massachusetts Democrat, who has recently
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Here’s about 18 minutes, uncut, from the last part of Jon Fortt’s Fortt Knox interview this week with rapper and entrepreneur Fat Joe. They’re in the back of Fat Joe’s UPNYC store in Washington Heights, days after he dropped latest album “Family Ties,” a collaboration with hit-making producer and rapper Dre. The album features features
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Sen. Elizabeth Warren, as well as three other Democratic Presidential hopefuls Sen. Kirsten Gillibrand, Gov. Jay Inslee and react to questions during the Daily Kos/Netroots Nation candidate forum, at the Convention Center in Philadelphia, PA, on July 13, 2019. Bastiaan Slabbers | NurPhoto | Getty Images A new study from the University of Pennsylvania’s Wharton
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Martin Barraud | Getty Images A majority of Americans say the economy is only benefitting the wealthy, despite record-low unemployment and rising wages. A poll by Pew Research Center found that 69% of Americans say the economy is helping the wealthy, while hurting the poor, those without college degrees and the middle class. Responses also
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