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Ultra-high-net-worth individuals in US account for third of global wealthy: Wealth-X

Michael Kors menswear The United States’ population of ultra-high-net-worth individuals grew by 6 percent overall last year, and no states saw a decrease in this demographic, according to findings by Wealth-X. Wealth-X’s “American Ultra Wealth Ranking 2014-2015” found that the UHNW population of the U.S. is primarily concentrated in major metropolitan areas across the country, while some states boast more than one city with a large demographic of wealth. Having

Thursday, March 26: Today in Gold and Silver

NEW YORK (TheStreet) — It was another quiet day for gold yesterday.  After the usual dip in morning trading in the Far East on their Wednesday, the price began to rally once the gold market opened in London.  That rally lasted until the gold price pierced the $1,200 spot mark, which came at the open of equity trading in New York—and it was all down hill from there. The low

Feadship creates Instagram page to share nautical photos

Feadship’s first Instagram post Feadship Royal Dutch Shipyards launched its first Instagram page to jump on board with the medium’s commonly posted tropical images. Younger social media users are quickly turning away from Facebook and Twitter to focus on the image heavy nature of Instagram. For a brand that is so often in sunny, warm destinations, maintaining a presence on Instagram will spark envy among followers. Snap a photo  Between

Fendi models enter digital game in social video

Fendi bag bug Italian fashion house Fendi is launching a new digital boutique through a short social video featuring models within an arcade game. The video shows model gaining points for snatching different purses. The whimsical video fits in with Fendi’s other social videos and serves as a way for the brand showcase it digital assets. Fendi gaming The video begins with the Fendi Roma logo, but Roma quickly changes

U.S. House Republicans face test of unity in budget votes

By David Lawder WASHINGTON (Reuters) – In a test of party unity, Republicans in the U.S. House of Representatives on Wednesday are set to vote on the federal budget, using an unusual format meant to overcome lingering internal disagreements over defense spending. Known as a “Queen of the Hill” vote, the process will let lawmakers vote on several budget alternatives. The idea is to minimize the chances of not passing