"There are fewer products purchased, but when shoppers do buy things, they want them to be a bit better in quality," says NPD home industry analyst Debra Mednick. As a result, retailers are emphasizing slightly pricier items, she adds. Retailers need …

More affluent folks often take the big risks to create large companies that employ millions of workers. Their ideas generate new products and their philanthropy sustains huge segments of our culture. Much of the economy is based on a trickle down …

Civic values: News media are a fairly integral part of any democracy and that belief is shared, if unevenly, among the rich. Ego: Or vanity, or arrogance, more pejoratively. Or extreme self-confidence, more favorably. To place a bet in the tens of …

The modern economy demands highly skilled workers, but many children from less affluent homes are handicapped before they even enter first grade. They haven't been frequent visitors to libraries, museums and zoos. They haven't grown up in … Most of …

Almost half (45 percent) of Affluent investors will spend most of their back-to-school dollars on clothes, according to a new consumer spending trends survey conducted by Spectrem's Millionaire Corner. Outside of tuition, clothes are the biggest back …

Canadian stocks fell for the first time in three days, led lower by precious metals producers and energy companies as commodities extended declines. Barrick Gold Corp. (ABX) and Yamana Gold Inc. retreated at least 5.6 percent as gold headed for a sixth …

Oil decreased 1.1 percent, reversing earlier gains, while gold futures lost 1.3 percent. The U.S. trade deficit narrowed more than forecast in June to the lowest level since October 2009 as crude oil imports declined and American companies shipped more …

(Kitco News) – Gold may remain range-bound in the medium term but ultimately should find further support since the world's major central banks continue “printing money,” fueling potential for inflation, says the portfolio manager of a large gold mutual …

(Kitco News) – Comex gold futures prices are lower, hovering near a three-week low and have dropped below the $1,300.00 level in early morning U.S. trading Tuesday. A lack of fresh, market-moving fundamental inputs early this week is allowing the …