Please enable Javascript to watch this video Henry Blodget explains the most important chart in the world right now based on economist Pavlina Tcherneva’s analysis of income gains during recoveries. Which have gone entirely to the top 10%. Blodget points out the growth in profit as a percent of GDP compared to the decline in wages as […]

Johnsonville, Connecticut, looks straight out of an episode of “Twin Peaks” — old mill included. But unlike the small town on TV, Johnsonville has been abandoned for nearly 20 years. Located on 62 acres off the Connecticut River, Johnsonville is up for grabs at $ 1.9 million. An eccentric millionaire with the funds to spare […]

Vladimir Rys/Getty Images Dietrich Mateschitz, cofounder of Red Bull. With an estimated net worth of over $ 16 billion, Red Bull cofounder and CEO Dietrich Mateschitz is the wealthiest person in Austria. After essentially creating the market for energy drinks with the invention of Red Bull in 1987, Mateschitz and cofounder Thai businessman Chaleo Yoovidhya came up with […]

Photo illustration by Mike Nudelman / YayYo / iSpot YayYo is a startup that plans to be an aggregator for ride-hailing services like Uber and Lyft.  It’s heavily marketing its IPO on television, and implying investors could make millions. YayYo’s founder has an unusual history involving an arms dealer, infomercials, charges of stock-manipulation, and “Men are […]

Please enable Javascript to watch this video Business Insider’s Matthew DeBord sat down with Morgan Stanley auto and mobility analyst Adam Jonas for Episode 3 of The Bottom Line with Henry Blodget. Jonas has long been bullish on Tesla, but he’s never been an unqualified bull. And from his point of view, Tesla could ultimately […]

Pacific Union It’s packed with Restoration Hardware furnishings. If you didn’t already know that Gary Friedman serves as CEO of Restoration Hardware, a walk into his Napa Valley home would give it away.  The massive mansion, known as Eight Palms, was fully renovated by the Restoration Hardware design team. The result is a living, breathing RH catalog. Clad […]

Shannon Stapleton/Reuters Snow-covered cars at a dealership in New York in February 2009. In late 2012, Kathleen Boluch needed a new car — a drunk driver had left hers totaled — but she knew it wouldn’t be easy to get. Boluch, who lives in Massachusetts, was freelancing and wasn’t making much money. She didn’t have […]