New study shows that this social network gets a read on market sentiment first, and often gets it right.
In the past, wealth managers haven't been so successful at keeping younger clients — on average, firms have seen almost half of the assets leave when a family's wealth is being handed to the next generation.
Suffice to say, Brugal's Papá Andrés isn't for making Mai Tais.
In the three months through June, Hamptons homes sold for a median of $849,000, down 6.5% from second-quarter 2014, while completed deals in the favored summer retreat of Wall Street financiers tumbled 16% to 590.
With a client base of mostly millennials, revenue at Pamela Capalad's Brunch & Budget up 69% this year.
The Republican presidential candidate has built billions of dollars in personal wealth. His employees aren't getting much of it.
From movie posters and Hermes Birkin handbags to Apple 1 computers and Nobel Prize medals, these alternative investments score big.
Sales haven't declined in the first half of the year since 2013, when global auctions fell 1.4% to $7.2 billion — they have climbed since, with a record $2.7 billion of art sold in May in New York.
The benchmark equities gauge rose 0.1% to end Monday at 2,128.28, after briefly rising above its record closing level of 2,130.82 during the session.
The prospect for higher rates prompted investors to snub gold, since it doesn't pay interest, unlike competing assets. Low inflation, a rally in equities and a stronger dollar have also weighed on prices.
