443 millionaire households in New Jersey, thanks to its proximity to the Big Apple. With that concentration of wealth, it’s not surprising that the cost of living in the state is 13.4% higher than the US average.
Gladwelladds,“Noone—notrockstars,notprofessionalathletes,notsoftwarebillionaires,andnoteven geniuses—evermakesitalone.” 20 Evenafteryou?veputin your10,000 hoursofpractice,youstillneedoneotherkeyingredient—luck.So,youcouldbethemostamazingguitarist intheworld,butunlessyou?reluckyenoughtoplayin frontofarec...
MICHAEL HUDSON: Well, I don’t think RFK, Jr. is going to the core problem. I think that what Richard has talked about is probably the most logical and reasonable way for America to try to escape the failed state corner in which it’s painted themselves. But his hope i...
More than $20 billion flooded into the 2024 presidential campaign, shattering the record for political spending in a single election. In an accelerating trend in American politics,Donald Trump, Kamala Harris and their allies raised colossal sums of money from billionaires. A majority of these megad...
Trump’s campaign has spent $90 million. Pennsylvania, where tonight’s debate is being held, is unsurprisingly the state with the most ad spending: Democrats have spent $58 million to Republicans’ $55 million. Pennsylvania, which Biden narrowly clinched in 2020, is the largest o...
Whitmer, Democratic governor of a purple state who is also a co-chair of Harris’ campaign, and took direct shots at Donald Trump saying that Trump has referred to her as “that woman,” as an attack. "Donald Trump doesn't know you. At all,” she said. “You think he understands th...
Billionaires Elon Musk and Vivek Ramaswamy have been tapped by Trump to create recommendations on slashing spending, with the pair saying their Department of Government Efficiency, or DOGE, plans to cut $500 billion in costs. However, DOGE is an advisory body, not a federal agency, and it ...
Median income is seen as a more accurate measure of how Americans are actually doing financially than average household income. That's because the average household income can be skewed by the inclusion of a few multi-millionaires or even billionaires, which would drag the average much higher tha...
Musk, the world's richest person with a net worth of $319 billion, according to the Bloomberg Billionaires Index, has described the U.S. government as bloated and said it its spending is unsustainable. The Tesla founder also said he wants to reduce the number of federal agencies to 99, ...