Money, Wealth & Power—A Daily Look at the Financial World
In the highest reaches of the housing market, the benchmark for a “trophy” property has quietly shifted upward, with price tags that once seemed outlandish now appearing almost routine. I see the $200 million mark functioning less as an outlier and more as the new psychological line of scrimmage for ultra-luxury homes, especially in a…
Insurance, once a predictable line item in New York City building budgets, has turned into a volatile cost that is reshaping the economics of rent stabilized housing. Landlords who operate on thin margins to keep regulated apartments habitable now face premium spikes that outpace rent increases and routine operating costs. The result is a mounting…
In one of San Francisco’s most coveted ZIP codes, the luxury market has shifted into a sprint, not a stroll, with buyers arriving prepared to wire funds rather than haggle with lenders. The combination of scarce listings, deep-pocketed households and renewed confidence in the city has turned a leafy corner of the west side into…
The most expensive home on the market in metro Atlanta right now is not a glassy penthouse or a sprawling contemporary compound, but a painstaking homage to the White House with a price tag of $35 million. The 13-bedroom estate, conceived as a residential-scale echo of the executive mansion, now sits atop the region’s listings…
Vintage trucks that once hauled hay and hardware are now quietly trading for sports-car money, as collectors chase originality, period-correct restorations, and rare performance packages. I look at 10 standout pickups and SUVs whose auction results and rising price guides show how quickly an old workhorse can turn into a small fortune. 1) 1969 Ford…
Two of the market’s most closely watched technology names have slipped into correction territory, a sharp reminder that even the “Magnificent Seven” are not immune when enthusiasm for artificial intelligence cools. As investors reassess how much they are willing to pay for future AI profits, the group’s leadership is splintering and the once one-way trade…
Wall Street is sending a clear message about President Donald Trump’s latest tariff push: the market no longer sees trade brinkmanship as background noise, it sees it as a direct threat to earnings and growth. Stocks have started to price in not just higher costs, but the risk that policy missteps collide with a fragile…
Rep. Marjorie Taylor Greene has once again stepped into the markets at a moment of weakness, disclosing purchases in two companies trading at their 52-Week lows. The trades add fresh fuel to a long running debate over whether members of Congress should be allowed to time individual stock bets while shaping the rules that govern…
Bill Ackman has spent much of this year turning a concentrated set of convictions into hard performance, and one of those high‑conviction wagers now looks poised to accelerate into year end. His call on a dominant tech platform, backed by a parallel push around the future of the U.S. housing finance system, has shifted from…
Bitcoin has already rewritten the record books, but the most aggressive forecasts suggest the real fireworks may still lie ahead. A growing group of analysts and trading firms now argue that a move toward $150,000 in 2026 is not a moonshot, but a plausible extension of the current cycle if liquidity, institutional demand, and market…