Despite a brief pandemic-induced recession, higher inflation and rising borrowing costs since 2020, the wealthy have gotten considerably wealthier. The threshold to be in the top 10% of U.S. households by net worth grew from about $1.3 million to roughly $1.8 million over the last five years, largely due to rising stock and home values,…
Strathroy | Istock | Getty Images For nearly a century, John Dioguardi’s family has been making custom headstones and other memorial markers at Rome Monument in western Pennsylvania. Recently, he’s wondered how much time his business has left. Dioguardi has been trying to adapt for more than a decade as the rise in cremations has…
Charlie Munger at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller (This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) ‘He never stopped learning’ In an “exclusive”…
Coffee prices were already rising following poor harvests last year when the U.S. added new tariffs on coffee imports in April. Those tariffs have since been rolled back, but prices at grocery stores and cafés are still high, leaving many shoppers wondering why a simple cup of coffee costs so much. As of September, roasted…
In this pool photograph distributed by the Russian state agency Sputnik, Russia’s President Vladimir Putin attends a meeting of the Collective Security Treaty Organisation (CSTO) Heads of State Council at the Yntymak Ordo (Palace of Unity) presidential residence in Bishkek on November 27, 2025. Alexander Kazakov | Afp | Getty Images Russian President Vladimir Putin…
A broker is pictured at the stock exchange in Frankfurt, Germany, on May 6, 2025. Daniel Roland | Afp | Getty Images LONDON — European markets are expected to see a lackluster mixed open on Thursday as investors take stock of the regional and global economic outlook. The U.K.’s FTSE index is seen opening a…
Russian President Vladimir Putin during a meeting on development of ‘new regions’, annexed from Ukraine, at the Kremlin, June 30, 2025, in Moscow, Russia. Contributor | Getty Images All eyes are now on Russia’s response to a fledgling peace plan to end the war in Ukraine after Kyiv appeared willing to move forward with a…
Singapore tops the list in the 2025 Global Talent Competitiveness Index by INSEAD and Portulans Institute. Calvin Chan Wai Meng | E+ | Getty Images Singapore has claimed the top position in the 2025 Global Talent Competitiveness Index (GTCI) for the first time, bolstered by its robust education systems, sound governance and a proactive approach…
Ukrainian President Volodymyr Zelenskyy attends a meeting of the Ukraine Defence Contact Group at the Ramstein Air Base in Germany, September 6, 2024. Heiko Becker | Reuters Ukrainian officials are willing to move forward with a U.S.-backed framework for a peace deal that would end Kyiv’s war with Russia, multiple outlets reported Tuesday — though…
From July 2024 to July 2025, 1 in 3 condos sold in Manhattan sold at a loss, according to luxury real estate firm Brown Harris Stevens. Experts say this dynamic is somewhat typical in a city with high selling fees and high tax rates. What is unusual is the borough’s wavering property values over the…
