Money, Wealth & Power—A Daily Look at the Financial World
Boeing is telling investors it is finally ready to turn the corner from crisis management to cash generation, projecting that its commercial jet business will throw off billions of dollars in the coming year. The company is leaning on a ramp-up in key programs and a cleaner balance sheet to argue that its long-promised financial…
Artificial intelligence is transforming work at a speed that rivals the early internet era, but the most important story is not just which jobs are at risk. It is the surge of new, often better paid roles that are emerging around the technology itself. I see a clear pattern: the people who learn to build,…
America’s biggest fast-food names are quietly shrinking their footprints as the economics of a cheap burger grow harder to sustain. Rising food, labor and operating costs are colliding with customers who are finally pushing back on higher prices, forcing chains to close hundreds of restaurants and rethink what “value” looks like. The closures are scattered…
The White House is weighing whether to widen President Donald Trump’s existing travel restrictions to a larger group of countries, a move that would deepen one of the administration’s most far‑reaching immigration policies. Officials and outside analysts are now focused on how an expanded list could reshape mobility, diplomacy, and daily life for families with…
The latest Republican push to restrict dual nationality is not just an abstract immigration fight, it is a proposal that could reach directly into the Trump family. A new citizenship bill from a MAGA-aligned senator is written broadly enough that it could force First Lady Melania Trump and her son Barron to make a stark…
Foot Locker is preparing a sweeping reset of its U.S. footprint, with plans to shut hundreds of stores by 2026 and trim its workforce as it leans harder into a streamlined, omnichannel model. The retailer is betting that a smaller, more productive fleet, tighter brand partnerships and a sharper digital focus can offset the disruption…
The S&P 500 has already shown it can snap back quickly, and several powerful forces suggest that momentum could build into a full-fledged rip higher in 2025. From bullish calls by major strategists to explosive gains in leading chipmakers, the backdrop is shifting in favor of risk assets. I see five developments that, taken together,…
Blue-collar workers were promised a revival of American industry and a new era of high-wage trades. Instead, the emerging contours of President Donald Trump’s second-term agenda point to a more precarious future for the people who build cars, pour concrete, and keep factories running. The rhetoric of a “worker-first” economy is colliding with policy choices…
America’s labor market is quietly crossing a demographic tipping point, as older workers make up a growing share of the people keeping the economy running. The shift is not just a story about retirement, it is a structural change that one economist now warns is a red flag for growth, productivity, and the public finances…
Across the country, small, closely held firms are hitting a financial wall as rising borrowing costs and heavy debt loads push more owners into court. The surge in mom-and-pop bankruptcies is not a blip, it is the sharp edge of a broader shift in how fragile the small business economy has become under higher interest…