Economy

“Wealth creation is booming as multimillionaire population jumps 5.2% in the U.S.”

“…The number of high-net worth individuals — or those with assets worth more than $10 million — rose 4.4% worldwide in 2024, to 2,341,378, but jumped 5.2% in North America, according to the annual Wealth Report by global real estate consultancy Knight… Continue Reading…

Banking, Business

“Goldman Sachs reports record results that top the Street amid booming investment banking”

“Goldman Sachs on Wednesday blew past analysts’ expectations with record first-quarter net profits and revenues on strong performance from the firm’s investment banking and trading businesses. The bank posted per-share earnings of $18.60, crushing the $10.22 estimate of analysts surveyed by… Continue Reading…

Stocks

“AI Is Booming: 2 ‘Strong Buy’ Stocks That Stand to Benefit”

“Nuance Communications (NUAN)… Ives is no outlier on Nuance, as shown by the unanimous Strong Buy analyst consensus on the stock. Nuance has received 6 recent reviews, and all are to Buy. The shares are trading for $45.20, and the $59.67… Continue Reading…

Economy

The Music Industry Is Booming

“Globally, music-industry revenue rose 9.7% last year, the best in at least 20 years, according to data released Tuesday by the International Federation of the Phonographic Industry. Streaming drove the tempo, with growth of 34%, while compact-disc sales slowed it… Continue Reading…