Thursday, July 2

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Technology Anthropic is in early talks with Samsung over a custom AI chip Business Employers start matching 'Trump Accounts,' the new US savings plan for children Culture Live music is booming, but concerts are tilting toward superfans and the rich Sports Anisimova serves her way out of trouble at Wimbledon with 20 aces Science A study ties long, unbroken sitting to cancer-death risk, but can't prove cause World US resumes dollar shipments to Iraq, easing a squeeze tied to Iran Culture A third Moana is reportedly in the works as the live-action remake nears release Politics Andy Burnham surges toward Labour's leadership as MPs warn against a coronation Technology Anthropic is in early talks with Samsung over a custom AI chip Business Employers start matching 'Trump Accounts,' the new US savings plan for children Culture Live music is booming, but concerts are tilting toward superfans and the rich Sports Anisimova serves her way out of trouble at Wimbledon with 20 aces Science A study ties long, unbroken sitting to cancer-death risk, but can't prove cause World US resumes dollar shipments to Iraq, easing a squeeze tied to Iran Culture A third Moana is reportedly in the works as the live-action remake nears release Politics Andy Burnham surges toward Labour's leadership as MPs warn against a coronation

Topic: ubs

The trading floor of the New York Stock Exchange (file photograph)

Thursday, 7/2, 05:14 PM

Stock market gains created nearly a million new millionaires in 2025, UBS says

A rise in stock markets and other asset prices added close to a million new dollar millionaires around the world last year, according to a new report from the Swiss bank UBS.
The gains were real — but they flowed overwhelmingly to people who already owned assets, underlining how uneven the spread of wealth remains.

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