Money, Wealth & Power—A Daily Look at the Financial World
President Donald Trump is signaling that if the Supreme Court clips his tariff authority, he will not retreat from aggressive trade measures but instead move quickly to restore pressure through new tools. As the justices delay a ruling on his existing levies, the White House is quietly sketching fallback options that could keep duties in…
Visa policy, once a sleepy corner of diplomacy, has become a frontline weapon in a widening confrontation between Washington and the rest of the world. As the United States tightens entry rules for foreign nationals, more governments are recalibrating how they treat American visitors, weighing everything from new fees to outright restrictions. The result is…
As President Donald Trump doubles down on his Greenland tariff threats, his own Treasury chief is publicly warning Europe that striking back would be a serious mistake. Scott Bessent is not just defending the White House line, he is arguing that a full‑blown trade fight over the Arctic island would damage both sides and risk…
Tariffs are often sold as a way to make foreign exporters pay, but new research on President Donald Trump’s trade policy shows the bill is landing almost entirely in American wallets. Instead of foreign companies slashing prices to keep access to the United States, the costs are being passed through to importers, businesses and households…
President Donald Trump is trying to turn the World Economic Forum in Davos into the launchpad for his signature foreign policy project, a new Gaza-focused “Board of Peace,” but a public refusal from Emmanuel Macron has exposed deep resistance among key allies. The clash between Trump’s push for a high-profile signing ceremony and the French…
President Donald Trump has tied a new round of US tariffs to European support for the status of Greenland, putting some of the continent’s biggest export engines back in the firing line. A 10 percent levy on a cluster of allied economies would not hit Europe evenly, instead it would concentrate pain on a handful…
The artificial intelligence buildout is no longer a software story alone. Behind every chatbot, recommendation engine, and factory robot sits a physical network of chips, servers, power lines, and cooling systems that must scale at industrial speed. Over the next five years, I see one part of that stack emerging as the standout beneficiary of…
Amazon is preparing a brick‑and‑mortar swing at Walmart’s home turf, testing a vast physical megastore that fuses its online muscle with a Walmart‑style supercenter footprint. The experiment, centered on a nearly 225,000‑square‑foot site near Chicago, signals that the e‑commerce pioneer now wants to compete head‑on with Walmart’s dominance in groceries, general merchandise, and in‑person shopping….
Micron is sounding an alarm that cuts through the usual semiconductor cycle chatter. The company is telling investors and customers that the surge in artificial intelligence workloads is colliding with physical limits in memory manufacturing, creating a supply squeeze it describes as unlike anything it has seen before. If that assessment holds, the crunch will…
Canada’s decision to reopen its market to Chinese-built electric vehicles is about to hand Tesla a powerful new advantage in North America. By sharply cutting tariffs and creating a sizable import quota, Ottawa is giving the company a low cost supply route into a country where its sales have so far been modest, while also…