The wealth gap between households of seniors and those with children has ballooned since 1989, a new study finds.
Social Sciences
May 18, 2018
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Prior research has long shown that women are, on average, less risk tolerant in their financial decisions than men. This is a concern as investors with low levels of risk tolerance might have greater difficulty reaching their ...
Social Sciences
Sep 20, 2017
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Amazon founder Jeff Bezos on Thursday became the world's richest person, as a jump in the share price of the US tech giant enabled him to overtake Microsoft founder Bill Gates, a new estimate showed.
Business
Jul 27, 2017
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While black households see value in using financial planning services, most don't pursue it due to barriers to entry including large gaps in income and net worth relative to other ethnic groups, according to a University ...
Economics & Business
Jan 16, 2017
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Student loan debt may negatively impact young people's ability to accumulate wealth after they graduate or drop out of college, a new study suggests.
Economics & Business
May 18, 2016
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Black young adults not only have substantially more student loan debt than their white counterparts (68.2 percent more) but are not nearly as protected by their parents' wealth as their white counterparts, according to a ...
Social Sciences
Mar 8, 2016
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In the tumultuous real estate market of the 2000s, some U.S. homebuyers found wealth while others took big hits. But no matter when they bought, most black first-time homeowners lost money, a Johns Hopkins University study ...
Social Sciences
Oct 7, 2015
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Microsoft's Bill Gates was the unsurprising leader of the first Forbes list of the richest global tech billionaires, while Amazon founder Jeff Bezos saw his personal fortune surge.
Business
Aug 5, 2015
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Before he became a billionaire in e-commerce, Richard Liu was a failure.
Business
May 14, 2015
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Wealth inequality among U.S. households roughly doubled between 2003 and 2013, according to a new analysis by University of Michigan researchers.
Social Sciences
Jun 25, 2014
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