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Tag Archives: Millennials & finances

How much of the world's wealth is owned by the rich?


Wealth creation is on the rise around the world, but not everyone is sharing equally in the newfound riches. Since the Great Recession, the richest global citizens have benefited far more from the worldwide increase in wealth than their poorer countrymen, according to a new report from investment bank Credit …

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UCLA basketball players detained in China get good news


Three UCLA basketball players detained in China on suspicion of shoplifting were allowed to return home Tuesday, officials said. Pac-12 Commissioner Larry Scott said in a statement that the players were flying back to Los Angeles. Scott didn’t identify the players, but CBS News correspondent Jamie Yuccas reports they’ve been …

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