SEC Case Against Musk Over Twitter Stake Heads to Trial

Are Banks More Powerful Than Governments? Authored by Mollie Engelhart via The Epoch Times, Government is big. Elected and unelected officials wield enormous amounts of power. But lately I have found myself wondering whether we are paying attention to the wrong institution. What if the most powerful institutions in America are not governments at all? What if they are banks and payment processors? A few years ago, during COVID-19, a friend of mine owned a small shop in Northern California. It was the kind of place many young mothers loved. They sold raw milk,...

Rebound In Used Luxury Watches Continues During the COVID-era flood of free money, from stimulus checks to the Federal Reserve's zero-interest-rate policy, luxury watch prices skyrocketed to the moon. But once that liquidity boom faded and interest rates were pushed sharply higher to rein in the inflation monster fueled by helicopter money, the secondary luxury market slid into a multi-year correction. Over the last year and a half, however, that downturn appears to have bottomed out (see here and here), with prices continuing to rebound. The Bloomberg Subdial Watch Index, which...