Wealthy Americans don’t really think that good times are here again for the economy. But they’re going on shopping sprees …
rich
A Bentley Boom? Rising Sales for Luxury Automakers Like Bentley, Jaguar, Porsche
So much for scaling back. The world’s rich and elite — or those who just want to appear so — have been cracking open their wallets in a big way lately, and luxury automakers are the beneficiaries.
Luxury Wheels, Honda Price: New Breed of Upscale Cars Selling for About $30,000
Luxury automakers like Mercedes, BMW and Cadillac would hate for their cars to be described as merely “average.” Yet new models from these and other upscale auto manufacturers are average in a way that’s undeniably appealing to consumers: they all have starting prices at around $30,000.
Bad Driver? That’s OK — If You’re Rich
In its new study of car insurance rates, the Consumer Federation of America reports that lower-income people pay higher premiums, even if their driving is better than that of their rich neighbors.
Black Friday 2012 Factoids: What to Talk About While Elbowing Your Way through the Mall
Here are some Black Friday data points to enlighten (and perhaps annoy) shoppers while they’re waiting in line for stores to open up, wondering whether prices will be cheaper next week, or arguing with a driver in the parking lot after getting into a car accident:
5 Best Places for the Rich and Single
You might think New York or Los Angeles — two large, affluent cities with an endless number of singles — would be the best place for the well-off and unattached. But you’d be wrong. In fact, it’s the cities right next to …
How the Rich Got Rich
John D. Rockefeller, America’s first billionaire, said, “If your only goal is to become rich, you’ll never achieve it.”
Easy for him to say, but his point is well taken: If the only thing you care about is making money, no …
The Fee That Credit Card Issuers Are Leaving Behind
Banks, the thinking goes, have never met a fee they didn’t like. Yet one credit card charge that has been standard for years—the “foreign transaction” or “foreign currency” fee, which tacks on an extra 3% or so to every hotel …
5 Hypothetical New Taxes That Americans Actually Support
If ever there was a truism, it’s that everybody hates taxes—this week especially. Or do they? In at least a handful of situations, a surprisingly large portion of Americans favor introducing new taxes or jacking up the rates on …
What Should Bargain Hunters Look to Buy Right Now? Experts Weigh In
Paying less than your neighbor for everything from ketchup to cars often boils down to carefully timing your purchases right. The best time to get a deal often isn’t when you need the item at hand, but when the magic mix of …
Coupons for Snobs? Expansion of ‘Groupon Reserve’ Continues
Apparently, affluent foodies like getting deals as much as the next person. Groupon’s “Reserve” daily deal program, which focuses on fancy tasting menus and other luxury offerings, is spreading to its fourth U.S. city, Los Angeles. When considered alongside similarly high-end offers from Gilt City and LivingSocial Gourmet, the rise of …
You’re Probably Not Rich Enough For This Credit Card
Will that be credit, debit or 23-karat gold? For a small number of very wealthy consumers, that’s not a hypothetical question. The JPMorgan Chase Palladium card is made out of laser-etched palladium and gold. It makes even the …
