White households added more than $80,000 in wealth this year, compared to just over $20,000 for Black and Hispanic households due to surging stock values.
JPMorgan reports that investments in AI stocks have significantly boosted US household wealth by an impressive $5 trillion over the past year. According to a report, 30 AI-associated firms now ...
New research shows that millions of Americans with modest incomes bought their first stocks over the past five years. We ...
You've probably wondered where you stand financially compared to others your age. The truth is, wealth benchmarks in America ...
Equal distribution of the $62.8 trillion U.S. stock market would give each American $190,300 in wealth vs. $3,800 for bottom ...
U.S. household net worth has surged, but much of this is 'illusory wealth' driven by inflated asset prices and unrealized capital gains. Market cap increases often reflect fickle price movements, not ...
It’s a wild thought exercise and one we were curious about. And well, it turns out, when you dive deeper, the math reveals just how much wealth inequality permeates this part of American finances. The ...