#high-fees

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NYC politics
fromUnHerd
6 hours ago

Zohran Mamdani is pushing New York towards fiscal disaster

New York City's finances are severely strained, with spending outpacing revenue growth, leading to potential credit downgrades.
Retirement
from24/7 Wall St.
14 hours ago

Dave Ramsey Warns Households Under $100K: Financing a New Car Before Paying Off High-Interest Debt Is a Trap

Taking on new debt while managing existing high-interest debt exacerbates financial struggles and prolongs the debt cycle.
#wealth-tax
fromFortune
2 days ago
Left-wing politics

Bernie Sanders calls out Bezos, Musk, Bloomberg and Buffett in billionaire tax push: 'The richest people in America have never ever had it so good' | Fortune

Social justice
fromwww.theguardian.com
2 days ago

Billionaire fortunes have reached all-time highs under Trump. So has the movement to tax them

A proposed 5% wealth tax on California's billionaires aims to fund public services and education, reflecting growing support for taxing the wealthy.
Left-wing politics
fromFortune
2 days ago

Bernie Sanders calls out Bezos, Musk, Bloomberg and Buffett in billionaire tax push: 'The richest people in America have never ever had it so good' | Fortune

Wealth taxes are proposed to address economic inequality and provide financial relief to working Americans.
UK politics
fromwww.theguardian.com
4 days ago

Global super-rich may have hidden $3.55tn from tax officials, says Oxfam

$3.55 trillion of global wealth is hidden from tax authorities, primarily owned by the richest 0.1% of households.
Relationships
fromWIRED
2 days ago

Trump's Economy Has Come for Sugar Babies

Sugar relationships are evolving to include financial advice as a survival strategy during economic downturns.
Business
fromwww.businessinsider.com
2 days ago

How Wall Street tries to keep junior hours in check, from weekly guidelines to 'pencils down' periods

JPMorgan CEO Jamie Dimon predicts a future of 3.5-day work weeks, yet junior bankers currently endure grueling hours exceeding 40 weekly.
Fundraising
fromFast Company
2 days ago

Here are the 5 most impactful financial freebies every investor should claim

Tax code offers several legal provisions that allow wealth increase and income generation without IRS taxation.
#personal-finance
Psychology
from24/7 Wall St.
2 days ago

Dave Ramsey Is Right About Why Americans Are Spending More and Feeling Worse

Emotional spending leads to financial problems, as people seek fulfillment through material possessions rather than saving.
fromSilicon Canals
1 month ago
Silicon Valley

8 habits that seem financially responsible but are actually the exact things keeping lower middle class families stuck forever - Silicon Canals

fromSilicon Canals
1 month ago
Business

8 spending habits that keep you looking rich but actually broke, according to financial advisors - Silicon Canals

Psychology
from24/7 Wall St.
2 days ago

Dave Ramsey Is Right About Why Americans Are Spending More and Feeling Worse

Emotional spending leads to financial problems, as people seek fulfillment through material possessions rather than saving.
fromSilicon Canals
1 month ago
Silicon Valley

8 habits that seem financially responsible but are actually the exact things keeping lower middle class families stuck forever - Silicon Canals

fromSilicon Canals
1 month ago
Business

8 spending habits that keep you looking rich but actually broke, according to financial advisors - Silicon Canals

#billionaires
Books
fromFortune
2 days ago

The world's wealthiest families adopt these 7 key habits for success, according to JPMorgan | Fortune

Reading is a key habit linked to the success of billionaires, emphasizing intentional time management and continuous learning.
NYC real estate
fromFortune
1 week ago

New York is home to 154 billionaires. Together they're worth $975.7 billion-and some of them are even making $2 million an hour | Fortune

New York's billionaires have a collective wealth of $975.7 billion, with significant growth contrasting stagnant wages for workers.
Books
fromFortune
2 days ago

The world's wealthiest families adopt these 7 key habits for success, according to JPMorgan | Fortune

Reading is a key habit linked to the success of billionaires, emphasizing intentional time management and continuous learning.
NYC real estate
fromFortune
1 week ago

New York is home to 154 billionaires. Together they're worth $975.7 billion-and some of them are even making $2 million an hour | Fortune

New York's billionaires have a collective wealth of $975.7 billion, with significant growth contrasting stagnant wages for workers.
US politics
fromThe Lever
4 days ago

The Quiet Fortune Of NYC's Top Anti-Tax Democrat

A New York City Council speaker opposes tax increases while concealing her family's multimillion-dollar wealth through disclosure loopholes.
World politics
fromAxios
3 days ago

Jamie Dimon's warning: More geopolitical risk for America than since WWII

Business leaders must engage more actively in societal issues, as political solutions alone are insufficient.
fromFortune
3 days ago

Why American billionaires are abandoning Wall Street for English soccer clubs | Fortune

Eight of the ten clubs in the top half of the Premier League table are owned by Americans. In the Championship, four of the eight clubs battling for promotion are U.S.-owned, including the Ryan Reynolds-Rob McElhenney Wrexham project.
English Premier League
US news
fromThe Washington Post
4 days ago

Retirees receive six times as much in federal dollars as young people

Federal spending on retirees significantly exceeds that for younger age groups, highlighting the importance of Social Security and Medicare in the U.S.
fromLondon Business News | Londonlovesbusiness.com
3 days ago

US dollar rose amid a rebound in geopolitical concerns - London Business News | Londonlovesbusiness.com

The US dollar returned to the upside as geopolitical fears rebounded after US President Trump's address to the nation. The rhetoric fuelled risk aversion and flows toward the dollar while oil prices surged.
US Elections
New York City
fromNew York Post
4 days ago

NYC is so broke, the Brooklyn Bridge might get roommates

The City Council proposes renting hidden rooms in the Brooklyn Bridge to generate revenue for New York City.
Poker
fromFortune
5 days ago

Credit card delinquencies among millennials and Gen Z have soared because of sports betting-even in states where it's illegal, new Fed study finds | Fortune

Credit delinquency rates have increased significantly among sports bettors, particularly affecting Gen Z and millennials after legalization in the U.S.
#credit-cards
Travel
fromFortune
6 days ago

Credit card annual fees are soaring past $800. Here's why people keep paying them-even as perks are harder to come by | Fortune

Robinhood's Platinum credit card offers travel rewards, DoorDash credits, and a high annual fee, reflecting the trend of premium lifestyle credit cards.
fromIndependent
2 days ago
Relationships

'If you are using credit cards to take out cash, you need to cut up your card' - money experts share their credit card dos and don'ts

Travel
fromFortune
6 days ago

Credit card annual fees are soaring past $800. Here's why people keep paying them-even as perks are harder to come by | Fortune

Robinhood's Platinum credit card offers travel rewards, DoorDash credits, and a high annual fee, reflecting the trend of premium lifestyle credit cards.
fromIndependent
2 days ago
Relationships

'If you are using credit cards to take out cash, you need to cut up your card' - money experts share their credit card dos and don'ts

fromAxios
5 days ago

Private equity's next step into 401(k)s

"I'm surprised by how neutral the rule was, when you think about the massive amount of lobbying there's been around it. It doesn't say certain assets are good or bad. Instead, it really focuses on making a rules-based framework instead of a litigation-based one."
Intellectual property law
Boston real estate
fromwww.businessinsider.com
6 days ago

2 charts show how the highest and lowest earners spend their money

Lower-income Americans face significant financial challenges, with spending disparities compared to higher-income households affecting their budgets and lifestyle choices.
Parenting
fromBuzzFeed
6 days ago

Millennial Parents Are Sharing Their Endless Financial Struggles, And It's Painfully Relatable

Millennial dads are experiencing significant financial stress and concerns about their economic situation.
London food
fromIndependent
6 days ago

Michael Houghton: 'Our combined income is almost double what it was in 2022, yet strangely we don't feel like we have twice as much to play with'

High tax rates in Ireland create a situation where few feel rich or poor.
#retirement
fromSilicon Canals
1 day ago
Retirement

What no one tells you about a working-class retirement - Silicon Canals

Retirement can lead to unexpected physical and identity challenges for those who defined themselves by their work.
Retirement
from24/7 Wall St.
3 days ago

The Hidden Retirement Costs Tax Planning Can Help You Avoid

Tax planning is essential for managing retirement income and lifestyle, despite differing opinions on its importance.
Retirement
fromSilicon Canals
1 day ago

What no one tells you about a working-class retirement - Silicon Canals

Retirement can lead to unexpected physical and identity challenges for those who defined themselves by their work.
Retirement
from24/7 Wall St.
3 days ago

The Hidden Retirement Costs Tax Planning Can Help You Avoid

Tax planning is essential for managing retirement income and lifestyle, despite differing opinions on its importance.
fromwww.theguardian.com
1 week ago

The great care home cash grab: how private equity turned vulnerable elderly people into human ATMs

Kilgour arranged a bank loan and in June 1989 he launched Four Seasons Health Care, taking the name from a restaurant in Midtown Manhattan where he had once dined.
London politics
Cryptocurrency
fromBitcoin Magazine
3 days ago

Wall Street Firms And Crypto Companies To Review Market Structure Proposals

Crypto and banking representatives are reviewing a revised stablecoin yield proposal to resolve regulatory issues surrounding yield-bearing products.
Business
fromFortune
3 days ago

The hedge fund billionaire betting Miami can rival New York's Wall Street | Fortune

Ken Griffin is betting on Miami as a future financial hub, relocating Citadel to capitalize on its growth potential.
fromwww.dw.com
3 days ago

Wealth tax: Why are countries afraid to tax the ultrarich?

One way is to increase income taxes. There's also the option for an annual or one-off wealth tax on everything someone has above a certain mark. A few governments want to tax extreme wealth to lower taxes on a stagnating middle class or to make up for social inequality.
US Elections
fromAxios
4 days ago

"The Axios Show": Jamie Dimon on Trump, running for office and Epstein

They've been killing people around the world for 45-plus years. They've killed a lot of Americans. They've funded Hamas, Hezbollah, the Houthis ... they have terrorist cells here.
US politics
Fundraising
fromFortune
5 days ago

Jamie Dimon says the American Dream is 'slipping out of reach'-and JPMorgan is spending billions to fix it | Fortune

The American Dream is at risk, prompting JPMorgan Chase to launch a multi-year initiative to enhance economic opportunities.
fromLondon Business News | Londonlovesbusiness.com
5 days ago

US dollar stable near recent highs - London Business News | Londonlovesbusiness.com

Escalating geopolitical risk continued to dominate global markets' concerns, with safe-haven demand keeping the dollar index anchored near a multi-week high.
World politics
New York City
fromHoodline
6 days ago

Nearly Half Of NYC Workers Struggling To Make Ends Meet

Many New Yorkers struggle to afford basic living costs due to stagnant wages and rising expenses.
Startup companies
from24/7 Wall St.
6 days ago

Stock Market Crash Likely Won't Hurt 5 Safe High-Yielding Dividend Kings

Dividend Kings are essential for passive income investors due to their long history of reliable dividend increases.
NYC politics
fromHell Gate
6 days ago

Bernie to Hochul: I Am Once Again Asking You to Tax the Rich

The NYC chapter of the Democratic Socialists of America held a 'tax the rich' rally featuring Senator Bernie Sanders, despite Mayor Mamdani's absence.
Poker
fromCard Player
6 days ago

US Senators File Bill Banning Most Prediction Market Betting - Poker News

A Utah senator proposed a bill to ban prediction markets resembling sports betting to protect minors and uphold state gaming laws.
#wall-street
fromGothamist
1 week ago
NYC politics

Wall Street bonuses hit record high as NY lawmakers debate raising taxes on the rich

NYC real estate
fromtherealdeal.com
1 week ago

Record Wall Street bonuses could mean a luxury buying spree in NYC

Wall Street bonuses reached nearly $50 billion, boosting New York's real estate market, especially in luxury segments like Manhattan and the Hamptons.
NYC politics
fromGothamist
1 week ago

Wall Street bonuses hit record high as NY lawmakers debate raising taxes on the rich

Wall Street's record bonuses should not lead to increased government spending, as they may be temporary and caution is advised.
Business
fromEntrepreneur
1 week ago

Wall Street Bonuses Hit a Record High. Here's How Much Bankers Made.

The average Wall Street bonus reached a record $246,900 in 2025, driven by a significant increase in industry profits.
Education
fromSilicon Canals
2 weeks ago

Nobody teaches you that class isn't about income. It's about which mistakes are survivable. A rich kid's DUI becomes a learning experience. A poor kid's missed rent payment becomes a credit score that follows them for seven years. Same species, different physics. - Silicon Canals

Credit scores reflect structural inequalities, where similar mistakes lead to vastly different consequences based on financial safety nets.
Right-wing politics
fromFortune
2 weeks ago

Economists agree: You're not crazy for feeling like the rich get richer, and the poor are doing worse. Welcome to the 'K-shaped economy' | Fortune

The K recovery illustrates a growing economic divide where the wealthy prosper while the poor struggle, echoing historical patterns of inequality.
#wealth-inequality
fromFortune
1 week ago
Business

Billionaire Larry Fink says you're wrong to think that AI stealing your job is the big problem-it's really about what it's doing for his class | Fortune

fromFortune
2 weeks ago
Business

Billionaire says US wealth inequality is 'completely unsustainable as a society' | Fortune

US Elections
fromwww.theguardian.com
4 days ago

Yes, the rich must start paying their fair share of taxes | Bernie Sanders

The wealth gap in America has reached unprecedented levels, with the top 1% owning more than the bottom 93%.
Business
fromFortune
1 week ago

Billionaire Larry Fink says you're wrong to think that AI stealing your job is the big problem-it's really about what it's doing for his class | Fortune

Wealth inequality, exacerbated by AI, poses a significant threat to the economy, concentrating wealth among asset owners and technology users.
Business
fromFortune
2 weeks ago

Billionaire says US wealth inequality is 'completely unsustainable as a society' | Fortune

The top 1% of U.S. households owns 31.7% of wealth, matching the bottom 90%, creating the widest gap since 1989 while the top 10% accounts for nearly 50% of consumer spending.
Cryptocurrency
fromnews.bitcoin.com
4 days ago

Charles Schwab-Backed EDX Markets Applies for National Trust Bank Charter With OCC

EDX Markets seeks OCC approval to establish EDX Trust as a national trust bank for institutional digital asset services in Chicago.
Business
from24/7 Wall St.
5 days ago

Wall Street Pro Tells Investors to Buy Mastercard Stock

Loop Capital initiates coverage of Mastercard with a Buy rating and a $631 price target, indicating potential upside despite recent stock pullback.
World politics
fromFortune
6 days ago

Jerome Powell says $39 trillion national debt is 'not unsustainable,' but warns the trajectory 'will not end well' | Fortune

America's $39 trillion debt is manageable short-term, but its growth trajectory is unsustainable and requires urgent legislative action.
#financial-advice
Retirement
fromEntrepreneur
3 days ago

Former Goldman Sachs CEO Lloyd Blankfein Shares the Smartest Way to Use Your First $5,000 in Savings

Lloyd Blankfein advises young workers to prioritize life insurance, buy a used car for fun, and then invest in stocks.
Retirement
fromwww.businessinsider.com
5 days ago

What ex-Goldman CEO Lloyd Blankfein says young workers should spend their first $5,000 in savings on

Young workers should consider buying life insurance and investing in stocks while also allowing for some fun purchases.
Retirement
fromEntrepreneur
3 days ago

Former Goldman Sachs CEO Lloyd Blankfein Shares the Smartest Way to Use Your First $5,000 in Savings

Lloyd Blankfein advises young workers to prioritize life insurance, buy a used car for fun, and then invest in stocks.
Retirement
fromwww.businessinsider.com
5 days ago

What ex-Goldman CEO Lloyd Blankfein says young workers should spend their first $5,000 in savings on

Young workers should consider buying life insurance and investing in stocks while also allowing for some fun purchases.
Health
fromScienceDaily
3 weeks ago

The financial crisis that quietly stunted a generation

Rice price surges during the 1997 Asian financial crisis caused lasting stunting in Indonesian children, with effects persisting into adulthood and increasing obesity risk.
Business
fromwww.businessinsider.com
5 days ago

JPMorgan's investment in the 'American Dream' comes during a crisis of faith in capitalism

JPMorgan's American Dream Initiative aims to enhance upward mobility through investments in small businesses, housing, financial literacy, and healthcare.
US Elections
fromFortune
6 days ago

Wealth taxes on billionaires and $30 minimum wages are part of the same plan, advocate says. 'They should pay their fair share' | Fortune

Most voters support a billionaire tax, with 52% of California voters favoring a one-time 5% tax on the state's billionaires.
Miscellaneous
fromThe Nation
3 weeks ago

Taking Aim at Overpaid CEOs

CEO compensation vastly exceeds worker wages at major corporations, forcing taxpayers to subsidize employee benefits through public assistance programs.
Business
from24/7 Wall St.
5 days ago

Extreme Fear is Gripping the Market, This Is the Smart Move Most Investors Miss

Investors are panicking, leading to extreme fear in the markets, with quality stocks like Apple and Microsoft also being sold off.
Higher education
fromFortune
3 weeks ago

Former Goldman Sachs CEO got into Harvard at 16, growing up in Brooklyn public housing-he still says college is the best ticket to the middle class | Fortune

College education serves as a wealth equalizer and essential pathway to success, developing complete professionals equipped for career advancement despite AI disruption.
US politics
fromJezebel
2 weeks ago

Splinter: It's Not 'the Epstein Class', It's the Capitalist Class

Politicians risk using the Epstein scandal as a scapegoat to avoid addressing systemic corruption and the institutional failures that enabled widespread abuse.
Retirement
from24/7 Wall St.
4 days ago

A $2 Million 401(k) in Retirement Can Still Cost You Six Figures Without These Moves

Timing of retirement significantly impacts portfolio outcomes due to sequence of returns risk.
Business
fromFortune
6 days ago

Even billionaires aren't safe: This year's market slump has wiped $75 billion from the wealth of Jeff Bezos and Mark Zuckerberg | Fortune

The world's wealthiest have lost over $255 billion this year, with market declines affecting even the richest individuals significantly.
US Elections
fromThe Nation
1 week ago

How Trump's Economy Is Crushing Everyday Americans

Rising costs of living are forcing Americans to choose cheaper, shelf-stable food options while economic policies worsen financial strain.
UK news
fromCity AM
1 month ago

Banks push for tech giants to share scam ad costs

Social media platforms profit from scam advertisements but contribute nothing to fraud reimbursement costs borne by banks and payment firms.
Business
from24/7 Wall St.
6 days ago

3 Dividend Stocks You Can Buy Today and Forget About for the Next 20 Years

Investing in dividend stocks like Coca-Cola can build long-term wealth and provide passive income, even during economic uncertainty.
Real estate
fromwww.housingwire.com
1 month ago

The 200-Basis-point gap: Why many lenders are leaving money on the table

A persistent 200 basis point performance gap between top and bottom tier lenders reflects structural industry inefficiency, not cyclical conditions, with top lenders earning 139 basis points while bottom lenders lose 70 basis points.
Retirement
from24/7 Wall St.
5 days ago

Why Financial Advisors Tell High Earners Over $400K to Stop Maxing Their 401(k)

High earners may benefit from strategies that reduce taxable income in retirement rather than traditional tax-deferment methods.
Business
from24/7 Wall St.
6 days ago

5 Monthly Dividend Payers Down 21%: A Chance for Endless Cashflow?

Monthly dividend stocks provide consistent income, but rising Treasury yields increase the investment threshold for equities.
fromwww.independent.co.uk
5 days ago

The best regular savings accounts earning you up to 7% in interest

The most recent Consumer Prices Index (CPI) inflation reading was 3 per cent in February - but this data is from before the Iran war, and experts are expecting inflation to increase.
Retirement
Retirement
fromwww.housingwire.com
6 days ago

Policy turmoil, fiscal uncertainty cause retirement hesitation

Policy uncertainty significantly impacts economic activity and household financial decisions, particularly for near-retirees and retirees.
Business
from24/7 Wall St.
1 week ago

Record Earnings Could Not Stop MS Shares From Falling 6%

Morgan Stanley's revenue reached $70.6 billion in 2025, but investor sentiment plummeted due to redemption restrictions in its private income fund.
Business
fromFortune
1 week ago

Larry Fink says today's economic anxiety stems from people increasingly feeling like capitalism isn't working for them | Fortune

Chaos in the Middle East may have long-term economic impacts, affecting wealth distribution and investment strategies.
fromFortune
2 weeks ago

The K-shaped economy has left many six-figure earners 'on thin ice' as housing costs, lifestyle creep, and the job market put them at risk | Fortune

"The wealthy who are at financial risk are high earners whose lack of budgeting and profligate spending has them overleveraged and exposed. While they appear to be doing well from the outside, they are only a step away from real financial trouble."
Business
US politics
fromFortune
1 month ago

The Consumer Financial Protection Bureau is under threat | Fortune

The Trump administration's cuts to the CFPB have cost Americans nearly $19 billion in lost consumer protections, with enforcement actions dropped and predatory lending practices left unchecked.
Major League Baseball
fromTalkNats.com
1 month ago

It's all about the money..... and the lack thereof! | TalkNats.com

MLB's revenue-sharing model and absence of a salary cap produce low profitability, encourage cost-minimizing ownership, and require CBA reforms for competitive balance.
#apple-card
Real estate
fromwww.housingwire.com
2 months ago

Morgan Stanley on how Trump policies affect housing affordability

GSE MBS purchases and targeted policy measures have modestly tightened spreads; combined actions could lower mortgage rates by about 50 basis points.
US politics
fromwww.theguardian.com
1 month ago

I feel like I'm in a financial prison': Trump Wall Street plan puts mom and pop' investors at risk, advocates say

Wall Street firms are increasingly selling high-risk alternative investments to retirement account holders, exposing modest investors to substantial losses and high fees.
fromFortune
2 months ago

Trump threatens to ban Wall Street from buying the house next door, saying 'American Dream is increasingly out of reach for far too many people' | Fortune

President Donald Trump said his administration will move to bar large Wall Street investors from buying up single-family homes, framing the effort as a bid to restore access to homeownership for ordinary families priced out of the market. In a Truth Social post, he warned the "American Dream is increasingly out of reach for far too many people, especially younger Americans," and vowed to stop big investors from buying the proverbial house next door.
US politics
US politics
fromwww.mercurynews.com
2 months ago

Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk

President Trump proposes a one-year, 10% cap on credit card interest rates that could save Americans roughly $100 billion a year but faces industry opposition.
fromAxios
2 months ago

Trump's new push for lower rates

He ordered Fannie Mae and Freddie Mac to use their balance sheets to buy $200 billion worth of mortgage bonds, aimed at putting downward pressure on mortgage rates that could entice new homebuyers. That news rippled through bond markets last week and lowered rates. Trump also said that credit card rates should be capped at 10% for one year, beginning next week - though it's unclear whether banks would honor that demand without legislation or regulations that force them to.
US politics
US politics
fromTruthout
1 month ago

Trump's War on Consumer Financial Protection Bureau Cost Consumers $19 Billion

Trump administration dismantling of the CFPB cost Americans nearly $20 billion in one year through halted enforcement, rescinded rules, and disrupted consumer payments.
Business
fromPsychology Today
1 month ago

Who Can Afford to Spend Money?

Rising inequality and job losses increase consumer psychological stress and threaten a consumer-dependent economy unless individuals build financial resilience, community solidarity, and empathy.
Business
fromBusiness Insider
2 months ago

JPMorgan's CFO warns cutting credit card interest could make the business not worth being in

JPMorgan CFO warns that interest-rate cuts or price controls on credit cards could make the cards business unprofitable, harming consumers and bank profits.
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