Money, Wealth & Power—A Daily Look at the Financial World
Wall Street often looks efficient from a distance, but in the short term it can badly misprice solid businesses when sentiment swings. For patient investors, that disconnect creates a chance to put as little as $500 to work in companies whose fundamentals look far stronger than their current share prices suggest. I see two such…
Capital gains tax is one of the few levies investors can see coming years in advance, which makes 2026 less a mystery and more a planning problem. The rules are already sketched out, the brackets are indexed, and the window to reposition your portfolio is still open if you start now. I want to walk…
The legislation President Donald Trump celebrated as a “big, beautiful bill” has now collided with fiscal reality. Instead of ushering in a new era of restraint, the law has coincided with a rapidly widening deficit and a fierce argument over who benefits from its tax cuts and spending hikes. I see a widening gap between…
Costco is finally rolling out the kind of phone-based self checkout that warehouse rivals have used for years, putting its own twist on scan-and-go technology after a long period of watching from the sidelines. The retailer is testing systems that let members ring up items on their phones or at special pre-scan stations, then breeze…
For much of the past two years, millions of U.S. homeowners have been locked into ultra-cheap mortgages that made moving feel financially impossible. Now, as prices cool at the margins and buyers and sellers slowly recalibrate to higher borrowing costs, those golden handcuffs are starting to slip, exposing cracks in a housing market that had…
Retirees looking for dependable portfolio income are increasingly turning to a small group of Vanguard income ETFs that also happen to be attracting attention from some of the most prominent hedge fund managers. I see a notable overlap between what cautious, income-focused investors want and where sophisticated institutional capital is moving, and that convergence is…
India has moved to rein in the country’s most aggressive delivery promises, telling e-commerce and quick-commerce apps to scrap their 10-minute guarantees in the interest of worker safety. The shift marks a decisive turn in how regulators view the trade-off between ultra-fast convenience and the risks borne by the riders who power it. I see…
Kevin O’Leary is turning his trademark bluntness on America’s retirement habits, warning that a comfortable future is far from guaranteed for workers who treat their 401(k) as an afterthought. His latest comments amount to a brutal alarm about how little people are saving, how poorly they are investing, and how quickly time is running out…
Jamie Dimon is turning a dry number into a flashing red warning light. With U.S. government debt around $38 trillion, the longtime JPMorgan chief is arguing that the bill for years of easy borrowing is getting closer, and that the adjustment will not be gentle. His message is blunt: you cannot borrow forever without eventually…
President Donald Trump has yanked Wall Street out of its comfort zone, turning a market that had grown used to shrugging off political noise into one that suddenly has to react to policy risk in real time. From surprise credit card price controls to new limits on defense contractor payouts, the president has put powerful…