iOS app Android app

Luxury Spending

Where There's CEO Bling, There's Corporate Fraud, Says Study

The Huffington Post | Alexander Eichler | Posted 06.11.2012 | Business

Which CEOs drive a Rolls to work? That could be an important question for government regulators looking to crack down on corporate fraud. It's not...

Rich Americans: 'Take My Mansion, Please'

The Huffington Post | Alexander Eichler | Posted 02.23.2012 | Business

Growing numbers of rich Americans are welcoming the foreclosure crisis into their homes. Default rates for the nation's most expensive properties ...

Alice Hines

Shopping Malls Aren't Dead for the One Percent

HuffingtonPost.com | Alice Hines | Posted 02.13.2012 | Business

In a still-ailing economy, shopping centers are the latest incarnations of the widening wealth gap. Indeed, go to a luxury mall owned by Taubman C...

High-Earners Now Spending In A 'Middle-Class Sort Of Way'

Bloomberg | Anna-Louise Jackson and Anthony Feld | Posted 07.18.2011 | Business

The nearly rich are being constrained by falling home prices, income gains that lag behind inflation, 9 percent unemployment and a reluctance to dip i...

Wall Street Excess Is Back: Hiring A Dwarf For A Bachelor Party, $40,000 Cell Phones

Posted 05.25.2011 | Business

Wall Street bankers hiring a dwarf for an over-the-top bachelor party in Miami. Nieman Marcus selling out its 100 limited-edition $75,000 Camaros in t...

Waiting On The Wealthy: Recovery Hampered By Dip In Luxury Spending

washingtonpost.com | Ylan Q. Mui | Posted 05.25.2011 | Business

In this new era of frugality, well-to-do shoppers have gone into hiding and stowed away their splashy logos. But they may hold the key to a consumer r...