Money Minute: Richest U.S. States; Russian Mob Behind Data Breaches?


Who wants to live near a millionaire?

A new report lists the states with the highest percentage of millionaires. Counting down the top five: Alaska, Hawaii, Connecticut, New Jersey -- and No. 1: Maryland. Nearly 8 percent of the population there can claim millionaire status. But several states lost millionaires last year.

Phoenix Marketing says the number of millionaire households in Nevada fell by 16 percent. And Florida suffered the biggest drop in the number of millionaires. Overall, the U.S. had more than 6.1 million millionaires, 5.1 percent of the total population.

Do you remember the old comedy "The Russians Are Coming, The Russians Are Coming?" Well, they've been here and walked away with the personal financial and credit card information of millions of Americans.
A private security company hired by the government says hackers apparently linked to the Russian mob were behind the massive hacking attacks at Target (TGT) and Neiman Marcus. The report also says other retailers we haven't heard from yet may have been victims, too.

The U.S. Mint is considering a change in the mix of metals used to make coins weigh a bit less, and cost less to produce. The Wall Street Journal says the nickel could see the biggest change. It's size and shape would stay the same, but the weight and color could change.

Here on Wall Street, the Dow Jones industrial average (^DJI) fell 65 points Thursday, the Standard & Poor's 500 index (^GPSC) lost 2 and the Nasdaq composite (^IXIC) edged higher, up 4 points.

Investors who believe in the Super Bowl Indicator will be cheering for the San Francisco 49ers to beat the Seattle Seahawks this weekend. The indicator holds that if a team from the pre-merger NFL wins the Super Bowl, the market will gain for the year. And San Francisco is the only one of the four remaining teams that qualifies. The indicator has been right 80 percent of the time since the Super Bowl began in 1967.

-Produced by Drew Trachtenberg.

(Correction: An earlier version of this article incorrectly stated -- and the video still does -- that the 49ers would be playing the Carolina Panthers this weekend. As millions of NFL fans are aware, the Niners beat the Panthers last weekend.)

Increase your money and finance knowledge from home

Socially Responsible Investing

Invest in companies with a conscience.

View Course »

Understanding Stock Market Indexes

What does it mean when people say "the market is up 2%"?

View Course »