Inside the pawn shop for the ultra-rich
From rare Rolexes and Birkin bags to multimillion-dollar art collections, wealthy borrowers are unlocking quick cash from luxury assets—skipping banks and paperwork in favor of speed and discretion.
Sergei Klebnikov, Forbes Staff
Why the financial markets are the only real check on Trump
With Congress acquiescing to all of Trump’s wishes and the courts stacked in his favor, many are concerned about an unbridled president. To the rescue comes the market.
Musk’s SpaceX has a message for Trump administration: regulation slows technology down
SpaceX President Gwynne Shotwell echoed CEO Elon Musk’s past criticisms of government regulation, calling for faster launch approvals as the company ramps up test flights for its Starship rocket.
Blackstone’s $80 trillion opportunity
With $1 trillion in assets and unrivaled returns, the private equity giant has conquered Wall Street, but its 76-year old founder, Steve Schwarzman, isn’t finished. He wants total domination overseas as well— and the firm’s crown prince, Jonathan Gray, has built an ingenious weapon targeting vast amounts of global wealth.
Legendary value investor Bill Miller says buy Bitcoin and eight other stock bargains
The famed value investor thinks stocks have come down to attractive valuations after a selloff this year.
Cathie Wood warns against extreme fear of innovation
The famed stockpicker is doubling down on her favorite “disruptive innovation” stocks despite market drubbing.
No, Credit Suisse won’t see a ‘Lehman-style explosion’—Here’s why
Analysts at Deutsche Bank and KBW have recently estimated Credit Suisse’s restructuring plans would cost roughly US$4 billion.