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This is how much money Americans think they need to be considered wealthy

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The Guardian

US sues casino mogul Steve Wynn to compel him to register as agent of China

Justice department says Wynn lobbied the Trump administration for China to protect his business interests in Macau Casino mogul Steve Wynn has been sued by the US Department of Justice. Photograph: Charles Krupa/AP The US Department of Justice on Tuesday sued Steve Wynn, the billionaire former casino mogul and senior Republican fund raiser, to compel him to register under the Foreign Agents Registration Act as an agent of China. The department said Wynn, 80, had contacted then-US president Donal

Project Syndicate: Inflation could force consumers to cut back on spending so much that they bring on a recession

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