Number of People Worth Over $100 Billion Rises to 15
The number of people worldwide worth $100 billion or more has risen to 15. They are mostly Americans, and just a few inherited their wealth.
All Work
Douglas A. McIntyre
There Is Still a Risk Social Security Payments Could Be Delayed
Job cuts at the Social Security Administration could delay payments to millions of Americans. That could push many below the poverty line almost immediately.
McDonald’s Uses AI to Improve Stores
McDonald’s is giving 43,000 of its restaurants a technology makeover. How many more jobs will be displaced by AI?
Costco Moves Into EV Business
Costco may help drive EV adoption through its Costco Auto Program. Electric vehicle makers have sought a new path to increase sales.
Ford Becomes a Huge Dividend Play
Ford has a healthy dividend yield. For those who gamble new tariffs will end quickly, that dividend is almost certainly safe.
Elon Musk’s Net Worth Down $100 Billion
So far in 2025, Elon Musk’s net worth has dropped by $98 billion. Even so, he remains the richest man in the world.
The Safest Single Stock During a Huge Market Drop
While the market may be rocked by tariffs and a potential recession, Altria is a great safe haven. It has the highest yield in the S&P 500.
Ford Suffers From Tiny EV Sales
Ford posted a decline in U.S. sales in February. Though hybrid sales improved, they were a tiny fraction of the total.
Disney Is Still in Trouble
Walt Disney stock rallied when it announced earnings in mid-November. However, since then it appears that its growth may have tapped out.
People Don’t Realize How Badly Apple Has Done
Apple stock has badly lagged the market in the past year. It has suffered for three reasons, each of which might have been avoided.
This City Is Where AI Will Get The Most People Fired
Since AI products have become available to the general public, there has been a concern that they will, in some form, take over jobs done by humans. A study by the McKinsey Global Institute…
Social Security Payments Could Be Interrupted For First Time In 80 Years
Social Security, the bedrock of safety net payments to 61 million Americans, could be interrupted by personnel cuts made by the Department of Government Efficiency (DOGE). It could create an economic catastrophe, at least…
This Move Will Save Tesla’s Stock
The world does not have a true self-driving car. Several car companies and software firms have chased the dream in the US, and several of the large EV companies in China have done the…
Lucid Stock Collapses On Heavy Volume
Shares of EV company Lucid Motors (NASDAQ: LCID | LCID Price Prediction) have collapsed 24% in the last five trading days. The stock trades just above $2. On Friday, volume hit 135 million shares,…
Warren Buffett’s Net Worth Rises $15 Billion
Warren Buffett’s net worth has risen by $15 billion so far this year. This is due in part to an extraordinary earnings report from Berkshire Hathaway.
Jim Cramer Favors Utility Stocks to Combat Tariffs
Jim Cramer feels America’s largest utility stocks can hold their value regardless of tariffs. Many are already doing well due to the rising energy needs of AI infrastructure.
Real Estate Prices Are Soaring in One of America’s Poorest Cities
A recent analysis reveals that home prices in Cleveland rose sharply in February. This shrinking city is among the poorest in America.
Nvidia CEO Jensen Huang’s Net Worth Drops $2.5 Billion
Nvidia just announced blowout earnings. Yet, CEO Jensen Huang’s net worth dropped by $2.5 billion afterward.
The Most Durable Car in America Come From These Companies
A recent analysis reveals that Land Rovers have the highest average odometer readings. Kia and Mazda were not too far behind in the durability rankings.
Lucid Loses $3.1 Billion
Lucid's net loss last year was $3.1 billion. The EV maker’s problems are so deep that a new CEO is unlikely to solve them.