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Politics

Family Net Worth Drops to Level of Early ’90s, Fed Says

nytimes.com (11 months and 12 days ago)

Jun 11, 2012

The recent financial crisis left the median American family in 2010 with no more wealth than they had in the early 1990s, erasing almost two decades of accumulated prosperity, the Federal Reserve said. full story

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Analysis: Net migration

Net migration to the UK has fallen by a third, figures show, as the number of migrants coming to the country drops to its lowest level in a decade.

telegraph.co.uk (2 months and 25 days ago)

Net migration falls by a third after clampdown on bogus students

Net migration to the UK has fallen by a third, figures show, as the number of migrants coming to the country drops to its lowest level in a decade.

telegraph.co.uk (2 months and 25 days ago)

Fall in overseas students driving down net migration

Net migration to the UK has fallen by a third, figures show, as the number of migrants coming to the country drops to its lowest level in a decade.

telegraph.co.uk (2 months and 26 days ago)

Fed Releasing Minutes Early Due To Early Release To Congressional Staffers And Lobbyists

This shocker just hit the tape: FED TO RELEASE FOMC MINUTES AT 9 A.M. VS SCHEDULED 2 P.M. FED: MINUTES MISTAKENLY SENT EARLY TO CONGRESS, TRADE GROUPS So the Fed now pre-releases data to US politicians ahead of everyone else. What else does the Fed leak to those for whom frontrunning is still legal? And as if we needed more confirmation, the market is now officially a...

zerohedge.com (1 month and 13 days ago)

U.S. Household Wealth at Highest Level Since '07

The net worth of U.S. families rose by 1.8% to the highest level since 2007, as the value of homes and stock portfolios grew.

wsj.com (2 months and 18 days ago)

Characteristics of High Net Worth Clients

PriceMetrix just released a report on the characteristics of high net worth clients (defined by them as people having a net worth of at least $2 million). There are a few very interesting pieces of information that advisors should consider in their ongoing planning processes.

forbes.com (14 days ago)

Fed Releases FOMC Minutes Early, Shows Debate Over When To End QE3; S&P 500 Hit Highest Level Ever

The Federal Reserve released the minutes of its March 19-20 meeting at 9 a.m. EDT Wednesday, rather than its customary 2 p.m. According to the Fed, the minutes were released early because they were inadvertently sent to about 100 congressional staffers and trade lobbyists Tuesday shortly after 2 p.m. EDT.

ibtimes.com (1 month and 13 days ago)

The Week in Charts: Household net worth highest since 2007

Thanks to higher U.S. stock prices and rising home values, U.S. households’ net worth rose almost $1.2 trillion in the fourth quarter to reach $66 trillion, the highest level since the fourth quarter of 2007, when the Great Recession began, according to Federal Reserve data released this week.

marketwatch.com (2 months and 18 days ago)

The Fed Is Your Oldest Best Friend

Somebody tell me please how to make a charitable contribution to the Federal Reserve Board. I’d do it in a flash. The Fed almost single handedly has restored the net worth of American families to their 2007 high water mark. They must whisper about this outcome among themselves, but never call attention to this byproduct of the broad initiative of cheap money invoked when...

forbes.com (3 months and 2 days ago)

Average Billionaire Net Worth By Country: Full List

Nigeria is home to a pair of billionaires, cement king Aliko Dangote and oil and telecom magnate Mike Adenuga. The two are worth a combined $20.8 billion, or nearly $7.3 billion more than the GDP of neighboring Niger. In terms of average net worth, Nigeria's billionaires are the richest on the planet, coming in at $10.4 billion. Nigeria sits atop the heap thanks largely to...

forbes.com (2 months and 12 days ago)

Family Net Worth Drops to Level of Early ’90s, Fed Says

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