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Is Second-Hand Worth It on Bond Street?

2026-05-01 23:00:18

Secondary markets are of primary concern for Hermes and other luxury purveyors.

Graham Platner Should Worry Susan Collins

2026-05-01 22:30:18

Maine Senator Susan Collins should be worried. It seems she will not be facing fellow septuagenarian Maine Governor Janet Mills in November. Instead, after Mills suspended her campaign this week, Collins will likely face Graham Platner, a 41-year-old former Marine and oyster fisherman who has weathered an onslaught of revelations that would have sunk most candidates.

Jerome Powell Just Missed the Sour Spot

2026-05-01 21:00:18

If demography is destiny, we are entering an era when inflation will rise whatever central banks do.

Apple Is Winning the AI Spending Game by Not Playing It

2026-05-01 20:00:18

It may be a cliche to invoke the pick-and-shovel sellers of the California Gold Rush, but what better way is there to frame what’s happening to Apple Inc.?

Trump’s Indiana Power Play Exposes His Weakness

2026-05-01 19:30:18

President Donald Trump has made it perfectly clear what he wants: For the Republican Party to hang onto control of Congress after the midterm elections. And so, dutifully, Florida Republicans scrambled this week to advance a risky redistricting plan that is expected to give the party an additional four seats in November.

Taxing the Wealthy Won’t Reduce Their Power

2026-05-01 19:00:18

It’s happening. California looks likely to put a “one-time” tax of 5% on wealth above $1 billion on the ballot in November, and polls suggest it could pass — despite opposition from some economists (not so surprising) and Democratic politicians (more so). Meanwhile, calls to tax the rich are resounding across the country, from New York’s proposed “pied-a-tierre tax” to Washington State’s first-ever income tax, imposed only on millionaires.