Money, Wealth & Power—A Daily Look at the Financial World
Eddie Bauer is back in bankruptcy court and this time its store network is on the auction block. The operator of roughly 180 locations across the United States and Canada is moving quickly to liquidate inventory and solicit buyers, turning a once dominant outdoor name into the latest test of whether legacy retail brands can…
The latest plunge in Bitcoin has rattled even seasoned traders, but one of Wall Street’s most famous value investors is treating the slide as a buying opportunity, not a warning sign. Billionaire Bill Miller is arguing that the leading cryptocurrency has already found its floor around $60,000, framing the recent volatility as a stress test…
Silver’s violent price swings in early 2026 have turned a once sleepy metal into one of the most hotly debated assets in global markets. After spiking to $121 an ounce before plunging more than 30 percent in a matter of days, the question is no longer whether silver is volatile, but whether that volatility could…
Tariffs are often sold as a way to make foreign companies pay, but the bill that arrived in American mailboxes last year looked a lot more like a quiet tax. By the time you finished paying for groceries, clothes, electronics and a car payment, President Donald Trump’s trade policy had effectively siphoned about $1,000 out…
China’s reported move to push its banks out of United States government debt is colliding with one of the loudest inflation warnings on Wall Street. The combination of Beijing trimming its exposure to Washington’s IOUs and Peter Schiff talking about “soaring” prices is forcing investors to reassess how safe Treasurys and the dollar really are….
Wall Street is staring at a rare moment when a single gauge of investor nerves is screaming that something is about to break. Goldman’s so‑called Panic Index has surged to levels that signal “max fear,” even as major benchmarks hover near records and traders warn that a fresh wave of selling could be imminent. The…
Chinese automaker BYD has opened a new front in the global trade fight by suing the United States government and demanding refunds of tariffs imposed under President Donald Trump’s aggressive auto and parts policy. The case challenges the legal foundation of those duties and tests how far Washington can go in using emergency economic powers…
American paychecks have shifted quickly in the past few years, and the familiar labels of “middle class” or “rich” no longer line up neatly with what people actually earn or own. New 2026 wealth brackets try to pin down where households fall on the national ladder, from struggling workers to the top 1 percent. I…
Michael Saylor just reported one of the ugliest quarters of his career, yet his company is still shoveling cash into Bitcoin at a relentless pace. After a multibillion dollar accounting hit tied to the crypto slump, his orange-dot memes and weekly buy signals are back, underscoring how little short term pain seems to matter to…
Elon Musk is again writing eight figure checks into Republican politics, this time pairing national party money with a targeted $10 million boost to a Kentucky super PAC backing businessman Nate Morris for the United States Senate. The spending contradicts his earlier hints that he would pull back from campaign giving and instead sketches a…
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