Money, Wealth & Power—A Daily Look at the Financial World
President Donald Trump has turned a long‑running fascination with Greenland into a hard‑edged test of loyalty for U.S. partners, tying support for his takeover push to the threat of new tariffs. In recent remarks, he has framed control of the Arctic island as a matter of national security and warned that countries resisting that vision…
The United States is weighing a politically fraught idea: using Venezuelan crude to help rebuild its depleted Strategic Petroleum Reserve, even as officials publicly insist no such swap is on the books. The quiet deliberations reflect how energy security, sanctions policy, and domestic politics are colliding around a stockpile that was drawn down aggressively to…
Silver’s violent price swings have turned a once sleepy corner of the commodities world into a systemic risk story, with regulators and market operators scrambling to keep trading orderly. After a 147% surge in less than two years and a series of cascading margin calls, the market has effectively required an emergency-style response from rule…
South Korea’s flagship pledge to channel $350 billion into strategic sectors in the United States is now expected to start later than planned, with the finance minister signaling that the first wave of projects is unlikely to launch in the first half of the year. The delay complicates a signature economic initiative meant to ease…
Federal officers poured into Los Angeles’ Fashion District this week, turning one of the city’s busiest commercial corridors into the latest flashpoint in the national immigration fight. What unfolded in a maze of wholesale showrooms and sidewalk vendors was not only a high profile enforcement action, but also a stress test of how far the…
Canada has jolted North American trade politics by sharply cutting tariffs on Chinese-made electric vehicles, even as President Donald Trump keeps the United States on a hard line against Beijing. The move opens the door for Chinese brands to gain a real foothold in Canada’s EV market and potentially creep closer to American drivers through…
Global markets spent the past few years obsessing over “de-dollarization,” yet capital flows are telling a very different story. Even as political drama swirls around President Donald Trump, investors are leaning back into U.S. stocks, bonds, and the dollar itself, treating Washington noise as a sideshow rather than a structural threat. The result is a…
When Jensen Huang stepped in front of Stanford students earlier this year, he did not offer the usual victory lap speech that elite graduates often hear. Instead, the Nvidia co-founder warned that their sky-high expectations could be a liability, arguing that real success is more likely to come from pain, disappointment and a willingness to…
President Donald Trump moved quickly into the debt of two of Hollywood’s biggest players, buying corporate bonds from Netflix and Warner Bros. Discovery just after their $83 billion megadeal was unveiled. The purchases, worth at least $1 million and potentially closer to $2 million, dropped the sitting president directly into the capital structure of companies…
Walmart is entering one of the most consequential leadership transitions in its history, aligning a new slate of division chiefs just as a long-serving global chief executive prepares to exit. The company is not only installing a new head for its vast U.S. business but also refreshing the teams that run Walmart International and Sam’s…