| Sep 12, 2018 | Economy / Business|HP Subfeatured|Rights / DemocracyThe rich are hiding trillions in wealth. You’ve probably heard about their offshore bank accounts, shell corporations, and fancy trusts. But this wealth isn’t all sitting in the Cayman Islands or Panama. Much of it’s hiding in plain view: maybe even in...
| Oct 15, 2014 | Economy / BusinessImagine yourself part of the typical American family. Your household would have, the Federal Reserve reported in September, a net worth of $81,200. That’s not a whole lot of money. But half of America’s households would actually have less wealth than you...
| Oct 1, 2014 | Food / FarmingWe know from the childhood song that Old MacDonald had a farm. But e-i-e-i-o — look who’s got his farm now. It’s outfits like American Farmland, Farmland Partners, and BlackRock. These aren’t dirt farmers wearing overalls and muddy boots....
| Mar 12, 2014 | Economy / BusinessAn upscale housing development in Wilton, Connecticut (all of Wilton is upscale) is having no trouble selling its 20 units for $800,000 each. On average, homes in that town now fetch more than $1 million a piece. And real estate experts only rank the region that...
| Feb 19, 2014 | Economy / BusinessOne thing about the tea party Republicans in Congress is that they do know who butters their biscuits. Several have recently rushed forward with an anguished plea in defense of Wall Street barons, CEOs, and billionaires: Stop the vilification of wealthy people!...