Money, Wealth & Power—A Daily Look at the Financial World
Market history is brutal to investors who confuse frightening headlines with permanent damage. Warren Buffett has spent decades arguing that the real risk is not temporary price swings but the permanent loss that comes from bailing out of strong companies at the worst possible moment. His latest warning, that selling fine businesses on scary news…
Amazon and Meta are quietly rewriting the rules of how people and products are judged on their platforms. Inside their offices, performance reviews are getting sharper edges, with bigger payouts for a small slice of stars and tougher scrutiny for everyone else. On their marketplaces, review systems are being recalibrated in ways that could strip…
The Trump administration’s decision to sideline the Consumer Financial Protection Bureau did not just rearrange a Washington bureaucracy, it effectively erased an estimated $19 billion in potential relief that was supposed to flow back to households. At the same time, a sweeping nutrition law cut deep into food assistance, tightening rules for the Supplemental Nutrition…
Gold’s latest rally has collided with a viral prediction that the metal will more than double in price, turning a long-running niche obsession into a mainstream talking point. The excitement is being stoked by big-bank forecasts that put potential targets above $6,000 an ounce, just as spot prices and futures scrape record territory. I see…
Gold’s latest surge has turned a once-fringe forecast into a live debate. With the metal trading around levels that would have seemed fanciful just two years ago, the idea of prices reaching $6,000 per ounce no longer sits on the outer edge of market imagination. The question now is not whether the call is sensational,…
BlackRock chief executive Larry Fink has turned a simmering online grievance into a boardroom talking point: younger Americans feel broke, and they increasingly blame baby boomers for designing an economy that works for retirees but not for new entrants. In his recent letters to investors, he argues that this distrust is not just a vibe…
US households are running out of financial runway. Overall consumer delinquencies have climbed to levels not seen in almost a decade, even as headline job numbers and spending data still suggest a resilient economy. The tension between those two stories is now showing up in missed payments, strained credit scores, and a widening gap between…
The alphabet of economic metaphors has finally run out of useful letters. The familiar K-shaped story, with some households rocketing upward while others sink, misses how extreme the split has become: for 87 m Americans daily life is defined by desperation, while 46 m live in something close to an elite parallel economy. The gap…
The H-1B visa has long been the main legal route for highly skilled foreign workers to take jobs in the United States, especially in technology and research. That system is now under direct attack from a new legislative push that aims not just to tighten rules, but to abolish the category altogether. At the same…
The U.S. bond market has shifted abruptly, sending a signal that the long, surprisingly resilient expansion may be running into trouble. Yields have dropped as investors rush into Treasurys, even as stock indexes hover near records and the labor market still looks solid on the surface. The move suggests that fixed-income traders are starting to…