Money, Wealth & Power—A Daily Look at the Financial World
China’s trade machine just delivered a blunt verdict on Washington’s tariff strategy. In 2025 the country booked a record trade surplus of $1.2 trillion, a figure that surged even as President Donald Trump escalated duties on Chinese goods. Rather than forcing Beijing to bend, the tariff fight has coincided with a wider realignment of global…
The Internal Revenue Service has now locked in the 2025 income tax brackets, standard deduction amounts, and key retirement contribution limits, setting the rules that will govern how much of your paycheck ultimately goes to Washington. The structure of the system is familiar, but the thresholds and deductions have shifted enough that a passive approach…
The Pentagon is making an unusually direct bet on the future of U.S. missile power, committing $1 billion to the rocket motor arm of L3Harris in a move that blends industrial policy with hard-edged defense planning. Instead of relying solely on contracts, the government is taking an equity stake in a new Missile Solutions business…
Donald Trump’s relationship with the oil industry has usually been defined by mutual convenience, not confrontation. So when a prominent energy executive publicly challenged his approach, the reaction inside the White House was described by one aide as pure blowback, the kind that comes when a president expects deference and instead gets a blunt reality…
Boeing has finally put hard numbers behind its long-promised turnaround, logging its strongest year of jet deliveries since 2018 and signaling that its industrial recovery is gaining real traction. After years of crisis and production setbacks, the company has pushed output back to levels that matter for airlines, investors, and rivals alike. The comeback is…
JetZero has just secured a war chest that would make most climate-tech startups blink, raising $175 million to push a radically different airliner shape from sketchpad to sky. The Long Beach company is betting that a blended-wing body can cut fuel burn so sharply that even entrenched giants like Airbus and Boeing will have to…
For students and career changers, the safest bet in a choppy labor market is a bachelor’s degree that lines up with a large, steady stream of openings. Instead of chasing fads, the data point to a handful of fields that employers hire for year after year, from business operations to healthcare and technology. I focus…
Artificial intelligence is turning data centers into some of the hungriest power customers in the United States, and the scramble to feed them is colliding with politics at the highest level. President Donald Trump has mocked wind and solar, yet the companies building the AI boom are racing toward the cheapest electrons they can find,…
Artificial intelligence stocks are heading into earnings season with powerful tailwinds from both corporate demand and macro optimism, yet a new policy twist from Washington is adding a layer of uncertainty that investors cannot ignore. The sector is riding expectations that the global AI market could eventually reach figures like $4.8 trillion in value, while…
Paramount has escalated its fight over Warner Bros by hauling a rival studio into court, accusing it of hiding crucial details about a blockbuster sale to Netflix. At the heart of the clash is a claim that Warner Bros kept Paramount in the dark on basic financial information while pushing ahead with a multibillion dollar…
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