Boston Consulting Group

Detroit's Big Three are in hiring mode again, and Japanese automakers are building cars in the U.S. to export to Asia. And they aren't the only ones ramping up U.S. production. Is America at the beginning of a new industrial age? The answer lies in China.

When it comes to its population of millionaires, the U.S. still leads the world, but other countries have gained recently, The Boston Consulting Group reports. In particular, the report found a stagnation of wealth growth in developed nations, but rapid wealth growth in the developing world.

Global wealth made a remarkable comeback in 2009, but you might be surprised by the countries that have the largest percentage of millionaire households.

Throughout the pages of Walter Kiechel III's The Lords of Strategy: The Secret Intellectual History of the New Corporate World, the author tells how one management fad succeeded since the mid-1960s. In doing so, Kiechel paints a picture of a culture where ideas, more than deeds, are the central product.

Wealth – and the number of wealthy people – declined over the past year. Unsurprisingly, the worldwide recession that has hammered portfolios has caused the number of millionaires in the world to fall. Those that remain generally aren't as rich as they used to be. Among those dethroned...

There's a potentially exciting investment opportunity brewing this week, blending a mix of racial politics, political stagecraft, and the kind of free publicity that every business executive dreams of. I'm talking about the scheduled meeting this Thursday at the White House, when President Obama...