Retirement-account balances reached record highs in the second quarter, propelling more investors into the 401(k) millionaire club, according to Fidelity Investments. The ranks of 401(k) millionaires ...

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

A report by the nonpartisan Citizens Budget Commission comes at a time when income inequality and affordability have been the most prominent themes in the race for New York City mayor. By Matthew Haag ...

The U.S. had new millionaires emerge at quite a clip last year. UBS said its Global Wealth Report, released Wednesday, found America gained more than 379,000 new millionaires in 2024. It notched the ...

A new global wealth report from UBS found that there were 379,000 new millionaires in the U.S. last year. The U.S. led the way when it came to new millionaires and the share of global personal wealth.

Since the Fair Share Amendment, or the so-called “millionaires tax,” passed in 2022, Massachusetts has seen an increase in high earners. Voter approval of the Fair Share Amendment in 2022 led to the ...

There are now more millionaires than ever, or more simply put, there are millions of millionaires. The number of households that earn at least $1 million has grown exponentially over the last several ...

The United States' high-net-worth population grew by 7.6 percent to 7.9M Number of millionaires worldwide hit a record 23.4M The ultrawealthy population grew faster than "millionaires next door" in ...