Money, Wealth & Power—A Daily Look at the Financial World
The S&P 500 index, maintained by S&P Dow Jones Indices LLC and widely tracked through data published by the Federal Reserve Bank of St. Louis, has become the focus of a debate over whether it can sustain a move toward the psychologically important 7000 level. Market participants are watching the official daily closes to see…
U.S. government data shows that grocery relief has been uneven this year, with a key index for meats, poultry, fish, and eggs still running far above its historical benchmark. Even as overall food inflation slows, figures from the U.S. Bureau of Labor Statistics and the Federal Reserve Bank of St. Louis indicate that core protein…
US tariff collections have exploded under President Trump, with federal receipts reportedly up roughly 300% compared with pre-tariff levels and fresh monthly data showing another powerful jump at the start of the year. That surge has turned import duties into a central pillar of Trump’s economic and fiscal pitch just as The Supreme Court prepares…
Wall Street’s reaction to monthly jobs data often swings from euphoria to doubt, and that tension is increasingly focused on how the government later revises those figures. The concern is not just about any one month’s surprise; it is about whether the official machinery that produces the numbers will quietly walk them back once more…
The U.S. dollar has dropped roughly 10% over the past year, and Donald Trump has been publicly applauding the slide as a win for American competitiveness. That political cheerleading collides with a more personal question for households: what a weaker dollar does to the value of your cash, your retirement savings, and your everyday budget….
Legacy carmakers in the United States and Europe are now staring at tens of billions of dollars in cumulative losses from their electric vehicle push, while investors in China have seen a single company, BYD, shed roughly $60 Billion in market value. The global bet that rapid battery adoption would mint easy profits has instead…
QVC, once synonymous with the thrill of televised impulse buys, is now confronting a wave of bankruptcy fears that would have been unthinkable at its peak. The home-shopping pioneer is wrestling with heavy debt, a shrinking audience, and a cable universe that no longer guarantees access to nearly every American living room. What hangs in…
Ikea is carrying out one of its biggest U.S. overhauls in years, shutting some stores while pouring fresh money into new formats and regions. The shakeup signals a decisive move away from relying solely on sprawling suburban warehouses and toward a mix of smaller locations, e-commerce, and services aimed at shoppers who expect speed and…
SoftBank Group has swung back to profit, powered by a surge in the value of its artificial intelligence holdings after years of bruising losses. The turnaround shows how Masayoshi Son’s willingness to stomach volatility is finally being rewarded as investors race to put a price on the next generation of AI platforms. The rebound is…
AT&T is working to tighten its grip on next‑generation connectivity, betting on a mix of cloud infrastructure and satellite links to keep customers online wherever they are. At the center of that strategy is a deepening relationship with satellite player AST SpaceMobile, which is expanding its spectrum position through new regulatory filings. These moves appear…
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