Retailers tend to want one main type of customer: the kind with money and the willingness to spend. But some consumers are …
rich
Twitter’s IPO Will Make These Men Very, Very Rich
Also see the surprising ones who are getting nothing.
In Many NBA Arenas, the Cheap Seats Are Truly Cheap This Season
Sub-$30,000 Mercedes Is Going to Cost More Than Advertised
After months of hype, the new “brand-extending” CLA line from Mercedes-Benz hits dealerships this fall, with a base sticker price starting at $29,900. But can you actually buy one for under $30,000? Um, no.
Chinese Ultra-Rich Increase, Some Escape to Hong Kong
Real estate raises billions, but a credit crunch and clampdown on luxury spending drives millionaires away from the mainland
What It Means to Be ‘Wealthy’ in America Today
Correction appended: July 24, 2013, 11:03 p.m. E.T.
The rich don’t really think they’re rich. In a new survey, the vast majority of investors with $1 million in assets don’t consider themselves wealthy. Which brings up the question: What do the terms rich and wealthy really mean?
Cheap Jaguars? Luxury Volkswagens? Automakers Go High and Low to Expand Brand Appeal
It’s a topsy-turvy, muddled time in the auto business, as Volkswagen plans on selling a vehicle priced like a Jaguar—and vice versa.
The Splurge Surge: Luxury Spending on the Rise
Wealthy Americans don’t really think that good times are here again for the economy. But they’re going on shopping sprees anyway, with increasing sales seen for luxury hotel stays, high-end automobiles, and more.
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: