Business

Rich Demand Luxury Services

Updated 2026-07-10 12:40 UTC 2 sources Neutral

Private chef salaries have surged to $300,000 as the wealthy seek personalized luxury services. Meanwhile, S&P 500 earnings expectations are high but unevenly distributed.

Coverage timeline — 2 articles

MarketWatch

The bar is high for S&P 500 earnings, but these as-yet-unrewarded sectors are where real surprises could be hiding

Expectations for S&P 500 companies that will begin reporting next week are flying pretty high, but only for a select few, notes HSBC.

2026-07-10 12:26 UTC

CNBC

Private chef salaries reach $300,000 as the rich seek their own Michelin stars

Demand for chefs, personal assistants, butlers, nannies, housekeepers, chauffeurs and estate managers have reached records, according to Morgan & Mallet.

2026-07-10 12:36 UTC