People look at a virtually complete Stegosaurus fossil on display at Sotheby’s on July 10, 2024 in New York City.Alexi Rosenfeld | Getty ImagesBillionaire investor Ken Griffin, founder and CEO of hedge fund Citadel, purchased a late Jurassic stegosaurus skeleton for $44.6 million at Sotheby's on Wednesday, marking the most...
Month: July 2024
Wealth in Turkey grew the most in the world at 157% despite soaring inflation, according to ranking
Golden Horn and Bosphorus at sunset, Istanbul, TurkeyMatteo Colombo | Digitalvision | Getty ImagesTurkey came out miles ahead of the rest of the world in an annual global wealth ranking — in a result that may come as surprising, given the country's high levels of inflation."Türkiye stands out with a...
Dimon and other Wall Street CEOs react to Trump assassination attempt: ‘Deeply saddened’ by violence
The leaders of Wall Street's most powerful firms are speaking out to condemn the attempted assassination of former President Donald Trump at a Pennsylvania rally over the weekend.JPMorgan Chase CEO Jamie Dimon told employees Sunday that he and his management team were "deeply saddened by the political violence" and attempt...
Women are set to inherit trillions of dollars in the great ‘horizontal wealth transfer’
Charday Penn | E+ | Getty ImagesUp to $9 trillion is expected to be passed along to spouses and partners in the coming years as part of what's being called "the horizontal wealth transfer," according to a new report.Over the next 20 to 30 years, aging baby boomers and older...
Delta says the Olympics will cost it $100 million as travelers skip Paris
The Paris 2024 logo, representing the Olympic Games is displayed near the Eiffel Tower three months prior to the start of the Paris 2024 Olympic and Paralympic games on April 21, 2024 in Paris, France. Chesnot | Getty ImagesFor more than 10,000 Olympic athletes, making it to Paris this summer is...