Most billionaires in the world didn’t inherit their wealth. How’d they do it? A new study by research firm Wealth-X explains how, and more about the world’s billionaires.
— Read on ca.finance.yahoo.com/news/how-billionaires-make-money-125655807.html
Category: Headline News
The Latest Headline News from around the World.
Biggest Banks in Canada Find Their Growth Everywhere But Canada – Bloomberg
Canadian banking is no longer the engine driving profit growth at the country’s large lenders.
— Read on www.bloomberg.com/news/articles/2019-05-24/biggest-banks-in-canada-find-their-growth-everywhere-but-canada
An Oversold Dividend Growth Stock Yielding 4% for Your TFSA Today
Suncor Energy Inc. (TSX:SU) (NYSE:SU) raised its dividend by 17% for 2019 . Is the recent pullback in the stock price a gift to new investors?
— Read on ca.finance.yahoo.com/news/oversold-dividend-growth-stock-yielding-204433074.html
The richest 10% of households now represent 70% of all U.S. wealth – MarketWatch
The rich are getting richer. It is a refrain that has certainly been uttered before, and likely will again, as Deutsche Bank’s chief economist says the gap…
— Read on www.marketwatch.com/story/the-richest-10-of-households-now-represent-70-of-all-us-wealth-2019-05-24
Canada’s ‘historical’ debt bubble could hit banks: Rosenberg – BNN Bloomberg
Canada’s ‘historical’ debt bubble could hit banks: Rosenberg – BNN Bloomberg
— Read on www.bnnbloomberg.ca/canada-s-historical-debt-bubble-could-hit-banks-rosenberg-1.1247500
US-China trade war: How China could weaponize US debt
China has one big weapon in the ongoing trade war with the United States — selling off its massive holdings of U.S government debt. Here’s why the so-called nuclear option could hurt China as much as the United States.
— Read on www.cnbc.com/2019/05/24/us-china-trade-war-how-china-could-weaponize-us-debt.html
JP Morgan slashes second-quarter GDP forecast to just 1%
J.P. Morgan economists say they now see a much slower economy in the second quarter, with growth of just 1%.
— Read on www.cnbc.com/2019/05/24/jp-morgan-slashes-second-quarter-gdp-forecast-to-just-1percent.html
Here are 5 affordable, beautiful places to retire abroad
You don’t need a million dollars to live a luxurious retirement, so long as you’re willing to leave the U.S. behind. International Living, a website for expatriates, is out with a list of “5 Places to Live Like a Movie Star, Without Their Bank Balance.”
— Read on www.cnbc.com/2019/05/24/here-are-5-affordable-beautiful-places-to-retire-abroad.html
Ranked: The Richest Countries in the World
These countries hold 74% of the world’s $204 trillion in private wealth. See the 10 richest countries, and how their totals have changed over time.
— Read on www.visualcapitalist.com/richest-countries-in-world/
Assembling the World Country-by-Country, Based on Economy Size
How does the world map change if it gets assembled based on the size of economies, in ascending order of GDP or GDP per capita?
— Read on www.visualcapitalist.com/assembling-world-country-gdp-capita/