Money, Wealth & Power—A Daily Look at the Financial World
America’s economic strength is often framed in terms of stock indexes, quarterly GDP, and the latest jobs report, but the real engine runs far deeper than those headline numbers. Beneath the surface, the country’s productive power depends on how it treats workers, educates children, manages risk, and turns research into usable technology. To understand the…
President Donald Trump is sharpening his focus on legal immigration, urging cuts to visa programs and arguing that the current system is buckling under its own weight. His push to slim down pathways into the United States is framed as a response to pressure on public services and border management, even as business groups and…
By 2040, climate pressures that Scientists currently project over much longer timelines could collide with local vulnerabilities to make parts of several U.S. cities effectively unlivable. As global temperatures race toward 1.5 degrees Celsius above preindustrial levels by 2040, the combination of extreme heat, flooding, and rising seas raises the risk that daily life in…
President Donald Trump is recasting Washington’s approach to Venezuela with a mix of military pressure, legal brinkmanship and sudden outreach to President Nicolas Maduro. The shift replaces years of mostly rhetorical confrontation with a more kinetic and unpredictable strategy that reaches from Venezuelan airspace to potential land operations. It is a new phase that could…
America’s debt pile has grown so large that it now shapes every conversation about interest rates, markets and long‑term growth. To understand whether that trajectory ends in a full‑blown crisis, I find it more useful to compare the United States with other heavily indebted countries than to argue in the abstract about “too much” borrowing….
Employers are increasingly describing Gen Z as difficult to hire, hard to manage, and quick to quit, even as companies say they are desperate for fresh talent. Behind that tension is a collision of expectations about pay, flexibility, communication, and what a “normal” workday should look like. I want to unpack why so many managers…
Black Friday is once again proving to be a stress test for the American consumer, and so far the numbers point to surprising strength rather than a pullback. Even as households juggle higher borrowing costs and lingering inflation, shoppers are still turning out for deals, reshaping how and where they spend rather than retreating from…
Across the country, anger over the cost of living is no longer a background hum, it is the dominant soundtrack of daily life. A growing number of strategists argue that the fury is not just about inflation in the abstract, but about a specific trap: households earning around $140,000 a year who feel too “rich”…
President Donald Trump is pitching his new tariff “dividend” as a simple way to turn trade policy into cash in voters’ pockets, but the backlash has been swift from economists, lawmakers and even some conservatives who usually cheer tax cuts. The promise of checks funded by tariffs collides with the reality that these levies are…
Kevin Hassett is no longer just a name on the long list of potential central bankers in Washington; he is openly signaling that he is prepared to take the gavel at the Federal Reserve if President Donald Trump calls. His public comments, combined with a flurry of reporting that casts him as the leading contender,…