Money, Wealth & Power—A Daily Look at the Financial World
Elizabeth Holmes, once celebrated as a visionary of Silicon Valley, is now a convicted fraudster serving an 11 year sentence and ordered to pay $452 million in restitution to victims of Theranos. After losing her appeals, she is turning to the one person who can unilaterally change her fate, President Donald Trump, asking him to…
The investor who famously anticipated the 2008 financial crisis is warning that the United States is drifting into a far more dangerous phase, driven by a new mix of debt, politics and speculative excess. His concern is not just another recession, but what he describes as a breakdown in the way the country’s money and…
Silver’s surge to unprecedented levels has collided with a fierce political argument over the strength of the U.S. dollar. As the metal smashes through historic price barriers and gold races toward its own milestone, Florida Governor Ron DeSantis is pointing a finger squarely at what he calls a destabilized currency regime in Washington. In his…
The phrase “Sell America” has become a lightning rod for anxious savers, and the reaction is showing up in bullion dealers’ order books. As stocks churn and political rhetoric heats up, everyday investors are racing into gold and silver, turning a long-running metals rally into a full‑blown fear‑of‑missing‑out stampede. I see a classic late‑cycle pattern…
Global markets lurched lower after President Donald Trump threatened new tariffs on eight European nations in a dispute tied to Greenland, wiping out risk appetite in a matter of hours. Equities from New York to Frankfurt sold off, safe-haven trades roared back to life and currency markets swung as investors tried to price the prospect…
A half million dollar stock move by a sitting member of Congress would raise eyebrows in any sector. When that trade involves a dominant health insurer at the center of federal policy fights over medical costs, it starts to look like a case study in why public trust in Washington’s money habits is so fragile….
Saks Global’s rapid descent from luxury consolidator to bankruptcy case study has left a trail of scorched stakeholders, from fashion brands to one of the world’s biggest e‑commerce companies. The $2.7 billion Neiman Marcus merger that was supposed to create a dominant high‑end retail group instead exposed how fragile the model had become, and turned…
America’s meat habit quietly runs through a single corporate giant that now hauls in more than $50 Billion a year in sales, yet many shoppers could not pick its name out of a lineup. The company sits behind drive‑thru chicken sandwiches, supermarket burger packs, and frozen nuggets, turning the country’s appetite into one of the…
The first weeks of 2026 have delivered a harsh reality check for anyone hoping the United States housing market would glide into a gentle recovery. Instead of a smooth landing, three clear warning signals are flashing at once: weakening demand, swelling supply and a grinding affordability squeeze that refuses to ease. Taken together, they point…
Elon Musk’s new $1 trillion Tesla pay plan has turned an already heated debate over executive compensation into a full-blown political and corporate flashpoint. The package, which could make Musk the world’s first trillionaire if all targets are met, is being held up by critics as the most vivid example yet of CEO pay breaking…