Money, Wealth & Power—A Daily Look at the Financial World
America’s silver story used to be simple: domestic mines and refiners could largely cover what industry and investors needed, and imports were a supplement rather than a lifeline. That balance has flipped, leaving the country exposed to volatile prices, fragile supply chains, and geopolitical shocks just as silver becomes more critical to clean energy and…
Bank of America is sifting through a tidal wave of Gen Z job seekers, and only a tiny fraction are making it through. Chief executive Brian Moynihan says the bank selected 2,000 recent graduates from a pool of 200,000 applications, a ratio that captures just how unforgiving the entry-level market has become. For many young…
Amazon’s internal projections about automation are unusually blunt: instead of simply trimming headcount at the margins, the company is mapping out how to redesign its warehouses so it never has to hire tens of thousands of people in the first place. The New York Times has now surfaced plans that point to a specific target,…
Across the United States, small businesses are entering the new year facing a policy shock that many owners say feels uncomfortably familiar. Instead of a virus, the threat now comes from a mix of tariffs, funding cuts and health cost spikes that rivals warn could hit local shops and factories as hard as the Covid…
Some of the most coveted metals on the planet are not just expensive, they are almost unimaginably scarce in Earth’s crust and in accessible ore deposits. Their rarity is rooted in deep planetary chemistry, violent stellar origins, and unforgiving economics that make them far harder to obtain than familiar names like gold or silver. I…
Layoffs used to be framed as a last resort, delivered face to face and wrapped in at least a gesture of gratitude. Now they arrive as calendar invites, system lockouts, and mass emails that treat people like line items. As companies lean on “modern” tools and euphemisms to cut costs quickly, many workers are discovering…
Shaquille O’Neal spent nearly two decades bullying defenders in the paint, but his most lucrative work has come far from the hardwood. Today his sprawling restaurant and franchise portfolio throws off more cash than his NBA paychecks ever did, turning a dominant center into a disciplined owner-operator. The numbers behind that shift tell a story…
Jamie Dimon has turned a simple meeting habit into a quiet competitive edge: he treats every session as a high‑stakes focus exercise rather than a background task. The core move is deceptively small, but it changes how people listen, decide, and execute around him, and it is increasingly cited by leadership coaches as a pattern…
Economic data still shows growth, low unemployment, and resilient spending, yet conversations at kitchen tables and in group chats sound far more anxious. The idea of a “rolling recession” helps explain why life can feel like a downturn even when the headline numbers say otherwise. Instead of one big crash, pressure is hitting different sectors…
Ford customers are being told to expect long waits for basic repairs, and the company’s leadership has a clear explanation: there are not enough mechanics to go around. The story is more complicated than a simple labor shortage, though, and the gap between Ford’s narrative and what researchers see on the ground is where the…