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Trump’s French Wine Tariff Threat Wipes $12.5 Billion From Arnault’s Fortune S&P 500 Loses $750 Billion On Trump’s Greenland Threats Gold Surpasses $4,700, Silver Breaks $95 Amid Greenland Tension

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Politics

Hedge Fund Billionaire Ray Dalio Warns That Trump Could Unleash Global 'Capital Wars.' Here’s What He Means

Bond yields are rising in response to a new round of trade tensions brought about by the President. This legendary billionaire investor says the next risk is a “capital war” where money itself becomes a weapon.

ByBrandon Kochkodin,

Forbes Staff

Politics

Greenland Prime Minister Says Military Invasion ‘Can’t Be Ruled Out’ (Live Updates)

ByMike Stunson,

Forbes Staff

Politics

Trump Sees ‘Both Sides’ Of ICE’s Shooting Of Renee Good, He Says

BySara Dorn,

Forbes Staff

Markets

What The Japanese Bond Crisis Could Mean For The U.S.

ByMartina Di Licosa,

Forbes Staff

Politics

Gov. Walz, Mayor Frey Subpoenaed Amid ICE Clash In Minnesota

ByMike Stunson,

Forbes Staff

Billionaires

Your Medical Privacy Could Be At Risk, A New Lawsuit Shows

A lawsuit filed by electronic health record giant Epic could encourage reforms to a problematic system, where non-health companies can get their hands on patient records without their knowledge.

ByMonica Hunter-Hart,

Forbes Staff

Billionaires

Los Angeles Billionaire Moves To Nevada After California Threatens To Tax Wealth

ByChase Peterson-Withorn,

Forbes Staff

Lifestyle

How This Entrepreneur Turned Her Ring Concierge Service Into A Growing Jewelry Empire

ByJulie Goldenberg,

Contributor

Billionaires

Here’s What The Richest Californians Would Pay Under The Proposed Billionaire Tax

ByForbes Wealth Team,

Forbes Staff

Money & Markets

Last Updated: 1/20/2026 04:00 PM EST

Taxes

Fifth Circuit Pushes Back On IRS Attempt To Redefine Limited Partner

ByKelly Phillips Erb,

Forbes Staff

Taxes

IRS Confirms Trump’s $1,776 Warrior Dividend To Troops Won’t Be Taxed

ByKelly Phillips Erb,

Forbes Staff

Personal Finance

Tariffs Tied To Trump’s Greenland Demand Could Hit U.S. Taxpayers

ByErik Sherman,

Senior Contributor

Investing

Hedge Fund Billionaire Chris Hohn’s TCI Profited By A Record $18.9 Billion In 2025

ByHank Tucker,

Forbes Staff

Education

Money

Forbes’ Top 25 Public Colleges

ByFiona Riley,

Contributor

Education

New Humanities Grants Take A Sharp Right Turn Under Trump

ByMichael T. Nietzel,

Senior Contributor

Education

Day 1: Spanberger Makes Sweeping Changes To University Of Virginia Board

ByMichael T. Nietzel,

Senior Contributor

Education

The Newest Class Of Schwarzman Scholars Has Been Announced

ByMichael T. Nietzel,

Senior Contributor

Lifestyle

Travel

Uzbekistan—Now Visa-Free For U.S. Travelers And Affordably Rewarding

Uzbekistan now offers U.S. travelers visa-free entry for 30 days, making it an affordable and culturally rich destination to explore the Silk Road, ancient cities, and brutalist monuments.

ByAlex Ledsom,

Senior Contributor