Tag Archives: wealthy

American Express profits surge 16% in Q3, driven by wealthy card members

American Express profits surge 16% in Q3, driven by wealthy card members

NEW YORK (AP) — Credit card giant American Express posted a 16% jump in third-quarter profits on Friday, helped by increased card spending, particularly among its wealthiest card members. The company raised its full-year profit forecasts as a result. The New York-based company said it earned $2.9 billion in the quarter, up 16% from $2.51 billion in the same period …

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Trump Hosts Dinner for Wealthy Donors to White House Ballroom – The New York Times

Trump Hosts Dinner for Wealthy Donors to White House Ballroom  The New York Times Democratic Leader Schumer to March in “No Kings” Protest Rally This Weekend  C-SPAN Trump hosts major tech companies and business titans as he raises money for White House ballroom  CBS News Exclusive | Trump Hosts Corporate Ballroom Donors at Glitzy White House Dinner  The Wall Street Journal Trump wants a …

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Delta’s bet on wealthy Americans driving the economy is working: Premium seats are set to overtake main cabin for the first time in history

Delta’s bet on wealthy Americans driving the economy is working: Premium seats are set to overtake main cabin for the first time in history

Delta Air Lines delivered a robust set of financial results for the third quarter of 2025, posting record revenue and beating consensus forecasts for earnings, driven largely by continued strength in premium and corporate travel demand. CEO Ed Bastian expressed optimism for the months ahead, projecting full-year adjusted earnings per share (EPS) to reach about $6, at the upper end …

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Wealthy liberal county brings back mask mandates ahead of winter ‘quad-demic’

Wealthy liberal county brings back mask mandates ahead of winter ‘quad-demic’

One of California‘s wealthiest and most progressive counties has reinstated its mask mandate, warning residents of a ‘greater risk’ of Covid, flu and other respiratory viruses ahead of the winter months. Sonoma County, located in the Bay Area and home to 170,000 people, has made face coverings mandatory for staff and visitors to some health care facilities that care for …

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America’s ultra wealthy flock to new red state business hubs… as growth sputters in California and New York

America’s ultra wealthy flock to new red state business hubs… as growth sputters in California and New York

America’s super rich are swapping Silicon Valley for Utah‘s Silicon Slopes and Manhattan for Miami.  In the next five years, Republican states are set to see the largest influx of ultra high net worth individuals, according to a new report.  The analysis, from wealth intelligence firm Altrata, defines these people as those worth more than $30 million.  While the traditional …

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Trump rolls out $1M gold card, a visa fast-track for wealthy foreigners – Politico

Trump rolls out $1M gold card, a visa fast-track for wealthy foreigners  Politico Trump launches $1M Gold Card for US residency status through government website  Fox News Trump unveils “Gold Card” fast-track visas for $1 million  CBS News THE GOLD CARD  The White House (.gov) Trump Unveils Gold, Platinum Visas to Cost Up to $5 Million  Yahoo Finance Source link

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The new SALT tax deduction cap: Only the wealthy will benefit – Quartz

The new SALT tax deduction cap: Only the wealthy will benefit  Quartz Trump raised the SALT deduction cap to $40,000: Here’s what it means for taxpayers  CNBC The ‘SALT Torpedo’ That Could Sink Deductions for High-Earning Homeowners  Realtor.com Trump’s ‘Big Beautiful Bill’ could save New Yorkers nearly $4,000 in 2026: Here’s what to expect  Democrat and Chronicle One Big Beautiful Bill, QCDs and Corporate …

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Scientists Warn Of ALS Risk From Popular Superfood Loved By The Wealthy

Scientists Warn Of ALS Risk From Popular Superfood Loved By The Wealthy

A luxurious mushroom dish long favored by gourmets and the elite may be hiding a disturbing secret.  In Montchavin, a ski village nestled in the French Alps, residents spent decades eating wild mushrooms that they believed boosted health and longevity. But after a string of cases of amyotrophic lateral sclerosis (ALS), also known as Lou Gehrig’s disease, scientists now believe …

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What wealthy parents need to know about giving real estate to heirs

What wealthy parents need to know about giving real estate to heirs

A local house with a porch in Edgartown on Martha’s Vineyard, Massachusetts, USA. Wolfgang Kaehler | Lightrocket | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The great wealth transfer is leading to a …

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