The richest person in your town probably isn’t a technology entrepreneur or a hedge fund manager. More likely, it’s the dentist who runs six offices or the HVAC contractor whose trucks you see everywhere, according to economists Owen Zidar and Eric Zwick. These “stealthy wealthy,” as the duo describes them in their new book, “The…
The U.S. economy has remained resilient over the past two years despite a slowing labor market, trade wars and resurgent inflation, but economists are now warning that a convergence of new and lingering threats could test its strength. The “worry list is growing more worrisome,” Ed Yardeni, president and chief investment strategist of Yardeni Research,…
Former CVS executive Helena Foulkes defeated Rhode Island Gov. Dan McKee in the Democratic primary on Wednesday night, The Associated Press projects. With roughly half of all votes counted at around 8:30 p.m. ET, Foulkes led McKee 62.3% to 37.7%. Rhode Island is a reliably Democratic state, and hasn’t elected a Republican statewide since 2006,…
Meet the landowners who became millionaires from data centers – CBS News Watch CBS News While data centers bother many, some lucky landowners have become millionaires by selling property to developers. Kelly O’Grady reports. Source link
While the construction of data centers in the U.S. has received significant opposition, some people have cashed in, becoming newly minted millionaires after selling their land to developers. More than 70% of Americans don’t want data centers in their area, according to a recent Gallup poll, citing concerns like noise, environmental impacts and the strain such projects can…
America’s ranks of retirement fund millionaires are surging, with the number of 401(k) accounts managed by Fidelity Investments holding at least $1 million surging to a record 769,000 in the second quarter. The number of 401(k) millionaires jumped 19% between the first and second quarters, lifted by a bullish stock market and by record average…
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan: Sen. Bill Cassidy, Republican of Louisiana Sen. Bernie Sanders, Independent of Vermont National Institutes of Health Director Dr. Jay Bhattacharya Nicole Sganga, CBS News homeland security and justice correspondent Click here to browse full transcripts from 2026 of “Face the Nation with…
The following is the transcript of an interview with Sen. Bernie Sanders, Independent of Vermont, that aired on “Face the Nation with Margaret Brennan” on Aug. 9, 2026. MARGARET BRENNAN: And we turn now to Vermont Independent Senator Bernie Sanders, who joins us from Burlington. Good morning to you, Senator Sanders. SENATOR BERNIE SANDERS: Good…
