The global millionaire population reached 58 million in 2025, driven largely by a strong US stock market that added over 440,000 new millionaires last year. Global personal wealth grew by 10.8%, the largest increase since 2017, but wealth gains were uneven, favoring richer households and widening the wealth gap. While average wealth rose, median wealth declined in many markets, including the US where median wealth fell nearly 20% since 2020. The report highlights that wealth growth is concentrated among the wealthiest, with billionaires and high-net-worth individuals seeing the largest gains. Regional differences also emerged, with Europe, the Middle East, and Africa experiencing faster asset growth than the Americas and Asia-Pacific. The impact of geopolitical events like the Iran war on wealthy investors remains uncertain.
First Merchants Corporation will release its financial results for the second quarter of 2026 on July 22, followed by a conference call and webcast on July 23. Investors can register to participate in the call or view the webcast online, with a repla...
The North Texas Food Bank has appointed five new board members with diverse expertise in foodservice, retail, finance, and operations, effective July 1, 2026. These leaders bring valuable experience to support the organization's growth and mission to...
First Federal Savings Bank and the Independent Community Bankers of America (ICBA) have issued 10 financial safety tips to help travelers manage their money securely during the summer travel season. Key advice includes notifying banks of travel plans...
LKQ Corporation announced it will publish its financial results for the second quarter of 2026 on July 30. The company will host a conference call and webcast with senior management to discuss the results, providing investors an opportunity to hear i...
Vivani Medical's wholly owned subsidiary Cortigent will merge with Nasdaq-listed ClearOne, which will be renamed Cortigent Holdings and trade under the ticker CRGT. Vivani will own a majority stake in the combined company, which will focus on advanci...
