Rachel Louise Ensign

Tuesday’s jobs report was the latest ominous sign in an era of big corporate layoff announcements and CEOs warning that AI will replace workers.

The number of Americans worth eight or even nine figures is up markedly. It’s transforming the U.S. economy.

Rachel Louise Ensign They're not billionaires, but they're still very, very rich.

There are about 430,000 U.S. households worth $30 million or more, according to an analysis of Federal Reserve data through 2022 by Zidar. Within that, there are about 74,000 worth $100 million or more. Over the past few decades, the growth in the number of very rich households has surpassed general

New research shows that the ranks of the higher earners have grown markedly over the last 50 years, while the lower rungs of the middle class have shrunk.

High earners are embracing thriftiness—unless it’s for something really fun.

Rachel Louise Ensign Well-heeled shoppers love a deal. Americans with six-figure salaries are increasingly visiting Walmart for prebiotic soda and Dollar Tree for wrapping paper.

Americans 55 and up control most wealth, and many of them have decades of living left.

James Benedict, Rachel Louise Ensign Older Americans are sitting on $110 trillion of wealth. Their heirs might not get it anytime soon.

Hotel housekeepers, commuter rail workers and nurses are among the unionized workers who have notched big wage gains.