Money, Wealth & Power—A Daily Look at the Financial World
The Supreme Court has signaled deep unease with President Donald Trump’s attempt to oust Federal Reserve governor Lisa Cook midterm, a move that would give the White House sweeping leverage over interest rate policy. During arguments, justices across the ideological spectrum pressed Trump’s lawyers on whether the Constitution really allows a president to fire a…
T-Mobile built its brand on being the “uncarrier,” the company that did what rivals would not. Now, as more subscribers quietly slip away, the company is leaning on a very different playbook, tightening policies and layering on new fees that many long‑time users experience as a cold turn. The latest billing and policy shifts land…
Investors spent 2025 fixated on Nvidia, but one red hot chip stock quietly delivered even stronger performance and now faces a potential catalyst on Jan. 28 that could reset expectations again. The story is not just about graphics processors, it is about the less glamorous infrastructure that makes artificial intelligence possible, from memory to networking…
Income investors hunting for reliable cash flow in 2026 are suddenly spoiled for choice, with a cluster of high-yield names trading at unusually depressed prices. One of the most intriguing is a lesser-known company offering an 8.2% dividend yield, backed by a business that has already survived multiple economic cycles. If the payout holds and…
David Sacks is turning California’s proposed levy on billionaires into a national test of how far government can go in taxing wealth. By branding the measure an “asset seizure” and a political “opening shot,” President Donald Trump’s AI and crypto adviser is framing a state tax fight as a warning about the future of property…
The Trump White House is selling a story of breakneck growth and technological transformation, promising an economic revolution even as the job market slows. Voters, however, are increasingly focused on job security and the prospect that the same forces driving productivity gains could cost them their livelihoods. That tension, between a booming narrative and a…
In 2025, the United States economy delivered a stark verdict on who the system is working for. The richest households saw their fortunes swell at record pace while most workers, renters and borrowers watched their financial footing erode. The result is a historic widening of the wealth gap that is reshaping everything from politics to…
President Donald Trump is selling his new Greenland initiative as a breakthrough that secures “total access” for the United States while easing tensions with Europe. Behind the triumphant language is a looser “framework” with NATO that could reshape Arctic security, U.S. missile defense and the politics of a rapidly warming region. What it really means…
Six months after playing down the impact of new trade barriers, Amazon CEO Andy Jassy is now warning that tariff-driven price increases are beginning to hit shoppers and could intensify in 2026. The shift matters far beyond one company’s earnings call, because Amazon’s scale turns its pricing into a rough proxy for how President Donald…
Shoppers walking into familiar chains in 2026 may feel like the stores recognize them a little too well. Behind the scenes, major retailers are quietly wiring aisles, apps, and payment terminals with artificial intelligence and biometrics, creating a shopping experience that is faster and more automated, but also more closely watched. The result is a…