Money, Wealth & Power—A Daily Look at the Financial World
Capitalism is often treated as a timeless backdrop to modern life, a system that simply emerged in Europe and then swept the globe by force of inevitability. A new global history by Harvard historian Sven Beckert argues that this familiar story is badly incomplete, and that capitalism was once far more fragile, contested, and geographically…
Artificial intelligence has already reshaped the stock market’s leaderboard, yet one name keeps reappearing whenever analysts talk about the next decade rather than the next quarter. The company at the center of a bold forecast that its shares could climb 976% is Nvidia, the chip designer whose processors power everything from data center training clusters…
Canada’s auto heartland is being squeezed between President Donald Trump’s escalating tariffs and a once-in-a-generation shift toward electric vehicles. Ottawa is racing to keep assembly lines running, jobs anchored at home, and investment from fleeing to friendlier jurisdictions. The scramble is forcing a strategic reset that reaches far beyond cars, into trade alliances, industrial policy,…
The political movement that carried President Trump back into the White House is starting to show visible strain. Polls, ideological disputes and new rival brands on the right all point to a MAGA universe that is less unified than it once was, and those fissures could matter as the 2026 midterms approach. The question is…
The European Union has quietly equipped itself with a powerful new trade defense, designed to answer economic pressure with a calibrated show of force. Branded as an “anti-coercion” tool, it is meant to deter third countries from using tariffs, boycotts, or regulatory harassment to twist EU policy decisions. I want to unpack how this instrument…
One of the most recognizable competitors to Olive Garden has effectively vanished from the American casual dining map, with more than 200 restaurants shuttered and thousands of workers suddenly out of a job. The implosion of Romano’s Macaroni Grill is not just a story about one brand losing its way, it is a stark snapshot…
A Houston woman picked up her phone believing she was saving her life savings from criminals. By the time she hung up, every account she relied on for her future had been emptied, the result of a fake fraud alert so polished it appeared to come from her bank and even the FBI. Her story,…
Wall Street’s latest bullish call on Microsoft suggests the software giant’s rally may be far from over, with one major bank flagging roughly 37% upside as artificial intelligence and cloud computing reshape the company’s growth profile. The optimism rests on a simple thesis: Microsoft has built a commanding position in the AI “stack,” from data…
Silicon Valley has spent decades selling the idea that you had to be in Northern California to build the future. Now a growing share of its founders, workers, and even household-name companies are quietly plotting exits. Taxes are part of the story, but the real shift is deeper: the economic, cultural, and political bargain that…
Jim Cramer has singled out Exxon Mobil as one of the market’s true power names, a stock he sees as a core holding rather than a trading vehicle. That endorsement lands at a moment when the oil major is trying to convince investors it can deliver durable cash flows, fund a transition strategy and still…