Money

خلاصہ: 3 Leisure Stocks Set to Pull Off a Beat This Earnings SeasonMasterCraft, Melco Resorts and Planet Fitness are poised for earnings beats as strong demand, innovation and expansion drive sector momentum.Source InformationPublisher: NASDAQOriginal Source: Read more

خلاصہ: Kevin Hassett says he would rely on his own judgment and not bow to political pressure to decide whether to cut interest rates if he becomes the next chairman of the Federal ReserveSource InformationPublisher: Wall Street JournalOriginal Source: Read more

خلاصہ: The Global Distribution of Wealth, Shown in One PyramidSee more visuals like this on the Voronoi app. Use This Visualization Visualized: The Global Distribution of Wealth See visuals like this from many other data creators on our Voronoi app . Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Key Takeaways Just 1.6% of adults worldwide hold nearly 48% of global wealth. Almost 3.1 billion adults, or 82% of the world’s adult population, control just 12.7% of total wealth. The bottom wealth tier, for those in the $0-$10k wealth bracket, represents 1.55 billion adults but only 0.6% of global wealth. The world got richer in 2024, with global personal wealth growing by 4.6%. However, the distribution of that wealth remains uneven. At the top of the global wealth pyramid sits a small elite holding nearly half of the world’s assets, while billions of people in lower tiers own only a sliver of global wealth. This infographic uses data from UBS’ latest Global Wealth Report to break down the global wealth pyramid by number of people and the share and amount of wealth they hold. The Data on Wealth Distribution UBS segments the world’s 3.8 billion adults into four wealth tiers, ranging from those with less than $10,000 to those with more than $1 million, who lie at the top of the global wealth pyramid. The table below shows how wealth is distributed globally between these four tiers of adults: Wealth Band (USD) Number of Adults % of Adults Total Wealth (USD) % of Wealth >$1 million 60 million 1.6% $226.47 trillion 48.1% $100k – $1 million 628 million 16.4% $184.51 trillion 39.2% $10k – $100k 1.57 billion 41.3% $56.82 trillion 12.1% 1.55 billion 40.7% $2.71 trillion 0.6% Total 3.80 billion 100.0% $470.51 trillion 100.0% At the apex of the pyramid, 60 million adults , who make up just 1.6% of the global population, own $226 trillion , or nearly half of all household wealth worldwide. Beneath the apex, the world’s upper-middle tier (those with $100k–$1M in net worth) includes 628 million adults who collectively hold $184 trillion , representing 39.2% of global wealth. The largest cohort of adults sits in the middle-lower band: 1.57 billion adults with $10k–$100k, holding a combined $56.8 trillion . Despite accounting for 41% of the world’s population, this cohort owns only 12% of global wealth. At the base of the pyramid are 1.55 billion adults—40.7% of the population. Together, they hold $2.7 trillion , or 0.6% of global wealth. Breaking Down the Top of the Wealth Pyramid Of the 60 million adults at the top of the global wealth pyramid, 2,891 individuals are billionaires , collectively holding over $15.6 trillion in wealth. Wealth Band Number of Individuals % of Adult Billionaires Total Wealth (USD) % of Billionaire Wealth > $100 billion 15 0.5% $2.35 trillion 15.0% $50 billion – $100 billion 16 0.6% $1.15 trillion 7.3% $1 billion – $50 billion 2,860 98.9% $12.17 trillion 77.7% Total 2,891 100.0% $15.67 trillion 100.0% Of these, just 15 individuals own more than $100 billion in wealth, while another 16 individuals fall in the $50 billion to $100 billion wealth bracket. The remaining 2,860 billionaires have less than $50 billion in wealth. Learn More on the Voronoi App If you enjoyed this infographic, see this visual on Voronoi The World’s Millionaire Population by Country on Voronoi .Source InformationPublisher: Visual CapitalistOriginal Source: Read more

خلاصہ: Layoffs Ticked Up in a Mostly Steady Job Market, JOLTS Report SuggestsLayoffs crept higher in recent months, but the job market remained fundamentally steady since the summer, the Labor Department reported in its monthly survey of job openings and labor turnover.Source InformationPublisher: Wall Street JournalOriginal Source: Read more

خلاصہ: U.S. Leading Indicators Point to Economic Slowdown in 2026The Leading Economic Index, published by research group The Conference Board, fell 0.3% to 98.3 in September, after a similar 0.3% decrease in August.Source InformationPublisher: Wall Street JournalOriginal Source: Read more

خلاصہ: Mapped: Average Credit Card Debt by U.S. State in 2025See more visuals like this on the Voronoi app. Use This Visualization Mapped: Average Credit Card Debt by State in 2025 See visuals like this from many other data creators on our Voronoi app . Download it for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Key Takeaways The average U.S. credit card balance is $6,523 as of September 2025. Highest balances are in D.C., Alaska, and Hawaii; the lowest are in Wisconsin, Iowa, and West Virginia. U.S. credit card balances have climbed to $1.21 trillion, according to the Federal Reserve Bank of New York’s 2025 report . This map visualizes how average credit card debt varies widely across the United States in 2025. The data for this visualization comes from the TransUnion Credit Industry Snapshot published in September 2025. States with the Highest Balances Washington, D.C. leads the nation with an average balance of $7,684, reflecting high living costs and larger credit lines. State Value Alaska $7.7K Alabama $6.0K Arkansas $5.8K Arizona $6.7K California $7.0K Colorado $6.9K Connecticut $7.0K District of Columbia $7.7K Delaware $6.6K Florida $7.0K Georgia $7.1K Hawaii $7.3K Iowa $5.3K Idaho $6.1K Illinois $6.4K Indiana $5.5K Kansas $5.9K Kentucky $5.5K Louisiana $6.3K Massachusetts $6.4K Maryland $7.2K Maine $5.8K Michigan $5.8K Minnesota $5.8K Missouri $5.9K Mississippi $5.7K Montana $6.1K North Carolina $6.3K North Dakota $5.8K Nebraska $5.7K New Hampshire $6.4K New Jersey $7.1K New Mexico $6.0K Nevada $7.2K New York $6.7K Ohio $5.7K Oklahoma $6.2K Oregon $6.3K Pennsylvania $6.0K Rhode Island $6.4K South Carolina $6.4K South Dakota $5.7K Tennessee $6.2K Texas $7.0K Utah $6.3K Virginia $7.0K Vermont $5.8K Washington $6.8K Wisconsin $5.2K West Virginia $5.5K Wyoming $6.3K National Average $6.5K Alaska is in second place at $7,683, a trend often linked to higher prices and fewer local retail banking options. Hawaii ranks third at $7,330. Coastal states like California, New Jersey, and Maryland also show above-average balances, consistent with higher incomes but also higher spending. States with the Lowest Balances Wisconsin posts the lowest average balance at $5,206, well below the U.S. average. Iowa and West Virginia follow with balances under $5,500, reflecting more conservative credit usage in these regions. Many low-debt states also report strong payment behavior, with higher percentages of consumers maintaining positive standing on revolving accounts. Credit Lines and Consumer Activity Higher-balance states generally have higher credit lines, such as D.C. at over $34,000 per consumer. Conversely, states with lower average balances often have tighter credit availability, such as Mississippi at just over $19,000. Despite the variation, more than 80% of consumers in nearly all states have active revolving accounts, showing how widespread credit card use remains. Learn More on the Voronoi App If you enjoyed today’s post, check out Ranked: The Cities Americans Are Moving To on Voronoi , the new app from Visual Capitalist.Source InformationPublisher: Visual CapitalistOriginal Source: Read more

خلاصہ: Frank Gehry’s Forgotten Masterpiece: His Own House in Santa MonicaUsing hardware store materials, the architect turned a pink suburban bungalow into a Deconstructivist icon in the late 1970s.Source InformationPublisher: New York TimesOriginal Source: Read more

خلاصہ: Weekly ADP Update Suggests Private Companies Added JobsPrivate companies grew their payrolls slightly on net through much of November, human-resources firm ADP said.Source InformationPublisher: Wall Street JournalOriginal Source: Read more

خلاصہ: Bank of Japan Governor Sees Little Danger of Rapid Pickup in InflationThings could change if food inflation or yen weakness last longer than anticipated, BOJ Gov. Kazuo Ueda said.Source InformationPublisher: Wall Street JournalOriginal Source: Read more

خلاصہ: His Weekend Cabin Turned Into a Permanent DownsizeAfter years of dreaming of an outpost in the woods, a former Microsoft employee liked it so much he moved there full time.Source InformationPublisher: New York TimesOriginal Source: Read more

خلاصہ: A Guide to Real Christmas Trees, From Fir Trees to Pine TreesWith so many varieties sold as Christmas trees, knowing what differentiates a Douglas fir from a Norway spruce is key to shopping for a real tree you’ll love.Source InformationPublisher: New York TimesOriginal Source: Read more

خلاصہ: Fed Chair Jerome Powell is expected to push for an interest-rate cut this week and signal a higher bar for further easingDespite unease among voters, Chair Jerome Powell appears set to lower interest rates again and signal a higher bar to further easing.Source InformationPublisher: Wall Street JournalOriginal Source: Read more

خلاصہ: German Exports Inched Up in OctoberExports to other eurozone countries rose by 2.7% and imports increased by 2.8%.Source InformationPublisher: Wall Street JournalOriginal Source: Read more

خلاصہ: The Chinese manufacturing juggernaut shows little sign of slowing despite the disruptions of tariffsU.S. pressure has only cemented its rival’s status as the world’s indispensable factory floor, sending its trade surplus above $1 trillion.Source InformationPublisher: Wall Street JournalOriginal Source: Read more

خلاصہ: Australia Central Bank Keeps Rates on Hold But Makes Hawkish TiltThe decision follows a string of reports showing a deteriorating inflation outlook and warnings from the RBA that the economy is starting to grind up against capacity constraints.Source InformationPublisher: Wall Street JournalOriginal Source: Read more