Tag: Wealth

  • Stock market losses wipe out $9 trillion of Americans’ wealth

    Traders work on the floor of the New York Stock Exchange (NYSE) in New York, September 26, 2022. Brendan McDermid | Reuters Falling stock markets have wiped out more than $9 trillion in US household wealth, putting more pressure on household budgets and spending. Americans’ holdings of corporate stocks and mutual funds fell to $33 […]

  • What is the average American net worth by age? | Savings and Budget

    Knowing how much money you have at your disposal in your checking and savings accounts is important for budgeting and everyday expenses. But these numbers don’t take into account other critical aspects that contribute to your overall financial position, including liquidable assets and liabilities, such as outstanding debts. This is why knowing your net worth […]

  • De Kooning’s “ocher woman” from the robbery home

    It was a robbery that was as shameless as it was simple. On the morning of November 29, 1985, a couple entered the University of Arizona Museum of Art in Tucson, Arizona. Within minutes, “Woman-Ocher” – a painting by Dutch-American artist Willem de Kooning – was gone. Museum curator Olivia Miller described the theft in […]