A six-figure annual salary used to be a milestone for career success and financial security, but it isn’t what it used to be. The era of elevated inflation that began during the COVID pandemic has eroded the value of $100,000 to the point that Americans earning that much are hunting for bargains like everyone else.
Remember the binder of Pokémon cards your mother gave away after you left for college? They might be worth more money than you want to think about. The collectible card game has seen a major comeback, driving a new collecting frenzy that’s boosted the price of coveted cards to dizzying levels. Rare Pokémon cards have
Michael Burry has turned from water to wine. The star of “The Big Short,” who made waves for investing in water after calling the collapse of the mid-2000s US housing bubble, explained why he’s betting on fine wines in a Substack post on Thursday. Burry, who pivoted from running a hedge fund to writing about
Severe backlogs could leave over a dozen US Navy attack submarines awaiting decommissioning sitting idle for more than 14,000 days through the end of the decade, and cost the sea service over $3 billion, according to a new watchdog report. Navy maintenance delays have already cost the sea service billions of dollars and sidelined active
Steve Hanke earned the moniker “Money Doctor” after advising governments across the globe on how to use currencies to get inflation under control. The professor of applied economics at Johns Hopkins University is now helping Venezuela and has been named a special advisor to the country’s National Assembly. He told Fortune’s Shawn Tully that his
A fresh wave of US tariffs on a wide array of Canadian goods has come into effect as of midnight on Saturday after a last minute break down in trade talks. Announcing the suspension of negotiations shortly before the Friday night deadline, Canadian Prime Minister Mark Carney said he would impose reciprocal tariffs on US