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Americans make up half of the world's richest 1%

NEW YORK (CNNMoney) -- The United States holds a disproportionate amount of the world's rich people. It only takes $34,000 a year, after taxes, to be among the richest 1% in the world. That's for each ...
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Teamsters have started an Internet campaign that opposes proposed legislation that would allow failing multiemployer pension plans to cut benefits. More than a million retired and current truck ...
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Trump sparked a CEO revolt. Here's why

CEOs are cautious by nature, circumspect in their words and actions. So maybe the most amazing thing that occurred Thursday wasn't that President Trump pulled out of the Paris climate deal. It was the ...
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Wall Street bulls cheer the Jets loss

NEW YORK (CNNMoney.com) -- Investors scored big Sunday when the New York Jets lost to the Indianapolis Colts -- at least according to the Super Bowl stock indicator. Here's how it works. If a team ...
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Top-earning towns

It's no wonder that celebrities from Liza Minnelli to Yoko Ono have called Scarsdale home. The upscale bedroom community has long been home to the rich and famous seeking a little distance from ...
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Brexit cost: $82 billion in lost investment

Brexit was never going to be cheap. More evidence of the cost came Monday: A third of U.K. business leaders say they have delayed or canceled investments in the wake of the vote to leave the European ...
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The economy: How bad is it?

The National Bureau of Economic Research said Monday that the United States has been in a recession since December 2007, making official what most Americans have already believed about the state of ...
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Gabriel Snyder out at the New Republic

Gabriel Snyder, the editor-in-chief at the New Republic who joined the magazine amid internal turmoil, is leaving his post. In a memo to staff on Thursday, Snyder said that the June issue will be his ...
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Unemployment keeps going down. So why aren't wages going up?

Pay hasn't budged in years. It's a problem that goes far beyond those earning minimum wage and fighting for $15 an hour. The middle class is stagnating too. American household income is just shy of ...
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Asia's 25 hottest people in business

Lee's Naver is the dominant search engine in South Korea, with 73% market share. But the 44-year-old Lee, who acts as NHN's chief strategist in addition, has expanded the company well beyond search, ...
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The world's most expensive streets

Hot spot: Yonge Street to Avenue Road. Rent: $300 per square foot. State of the market: You might not think of luxury when it comes to our neighbors up north, but Toronto is one of the fastest-growing ...