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"...This is no fleeting trend. Instead, it’s a sign of a seismic shift underway in the United States: Women are gaining more economic power. They start more businesses than their male counterparts. They earn as much or more than their husbands in 45 percent of heterosexual marriages.
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Among solo households, they own more homes. And by the end of this decade, a 2020 study by the business consulting firm McKinsey found, women are poised to control much of the $30 trillion in wealth expected to be possessed by baby boomers.
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To underline just how staggering a figure that is, the researchers note that it is close to the annual U.S. gross domestic product."
09:34 AM - Jan 16, 2024
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