Category : Search result: wealth inequality


Elon Musk becomes first person worth $700 billion

Elon Musk's wealth soars to an unprecedented $700 billion following a court ruling upholding his Tesla pay package. This milestone solidifies his position as the world's richest person.

Falling Rates Benefit Canadian Bank Balance Sheets

As interest rates fall, Canadian banks are experiencing a shift from term deposits to demand accounts, strengthening their financial position. Expert analysis reveals the impact on earnings.

Record Number of Billionaires Worldwide in 2025

The world's billionaire population has reached an unprecedented peak, according to new data. Explore the key drivers behind this historic wealth concentration and its global implications.

BMO Beats Earnings Expectations, Raises Dividend

Bank of Montreal surpasses Q4 earnings estimates, driven by wealth management and capital markets. The bank announces a dividend increase to $1.67 per share. Read the full analysis.

Dells pledge $6.25B for child investment accounts

Michael and Susan Dell commit a historic $6.25 billion to fund 'Trump Accounts' for 25 million American children. The gift aims to build generational wealth and hope for the next generation.

Canada's Life Expectancy Ranking Drops to 22nd

Canada's global life expectancy ranking has fallen dramatically from 5th to 22nd, signaling a decline in social determinants of health. Discover the reasons behind this alarming trend.

Norway's wealth tax lesson: millionaires leaving

Norway's experience with wealth taxes shows millionaires relocate abroad. As Canada debates tax policies, this European case study offers valuable insights for economic planning.

Edmonton's $1B Fund Could Offset Property Taxes

Edmonton councillor Aaron Paquette proposes transforming a $1-billion endowment fund into a sovereign wealth fund to curb property tax hikes and attract developers to the city.

Hogg vs Jennings: CNN Rolex Debate Goes Viral

A heated CNN debate between Parkland survivor David Hogg and Republican strategist Scott Jennings went viral after a contentious exchange about luxury watches and economic reality.

Billie Eilish Slams Billionaires Like Zuckerberg

Pop sensation Billie Eilish delivers scathing critique of billionaire culture, calling out Mark Zuckerberg specifically and questioning the ethics of extreme wealth accumulation in today's society.

UBS Q3 Profit Soars, Trouncing Expectations

Swiss banking giant UBS reports blockbuster third-quarter earnings, crushing analyst forecasts as integration with Credit Suisse accelerates. Discover how strategic moves and market conditions fueled this impressive performance.

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