Money, Wealth & Power—A Daily Look at the Financial World
Elon Musk and Mark Zuckerberg are having a rough stretch, and it’s not just their companies feeling the heat. Tesla’s sales are sliding—down 35% in San Diego alone, a spot that used to be a goldmine for the electric car giant (Source: FOX 5 San Diego). Meanwhile, Zuckerberg’s Meta just got snubbed by FuriosaAI, a…
Johnson & Johnson is making a massive bet on American soil. Over the next four years, the healthcare giant plans to invest more than $55 billion in the United States, a move that signals both strategic positioning and political compliance. With the threat of tariffs hanging over pharmaceutical imports, J&J is playing offense—prioritizing domestic manufacturing…
The IRS has long been criticized for outdated systems, bloated budgets, and inefficiencies that wouldn’t fly in the private sector. Now, DOGE—a Trump-backed spending watchdog with ties to Elon Musk—says it has helped eliminate $1.5 billion in waste from the IRS’s modernization efforts. According to Sam Corcos, CEO of health tech company Levels and a…
Empty egg shelves are becoming a familiar sight in grocery stores across the U.S., and it’s not just your local chain running low. A widespread bird flu outbreak wiped out nearly 19 million birds in January alone, sending egg prices through the roof and leaving supply lines scrambled. Some breakfast spots are even charging an…
Sam Altman, the head of OpenAI, recently took to the internet with a plea: “Can y’all please chill on generating images? This is insane, our team needs sleep.” He’s not exaggerating—ChatGPT’s image-making feature, powered by the latest GPT-4o release, has users hammering the system so hard that “GPUs are melting” under the load. To keep…
Layoffs are looming, the economy feels like it’s teetering, and Gen Z is freaking out. Their solution? Showing up to the office in the same outfit every day, channeling Steve Jobs in a bid to feel some control. Forget the “office siren” vibes or risky crop tops—those got people fired in 2024. Now, younger workers…
The founder of a major crypto market-making firm just admitted to rigging the game. Aleksei Andriunin, CEO of Gotbit, pleaded guilty to a multi-year scheme that helped boost digital token prices through fraudulent trades and fake volume. The charges, part of an FBI operation that created a digital token to trap manipulators, are among the…
The Air Force has officially tapped Boeing to build its next-generation fighter jet, the F-47, a project that could become the most expensive aircraft program in U.S. history. While the exact budget is still under wraps, estimates suggest this deal could exceed $50 billion in development and acquisition costs. The announcement came from President Trump…
Teenagers have always been a leading indicator of where the digital economy is heading. They shape social media trends, drive viral content, and often determine which platforms thrive — and which fade away. However, recent studies indicate that Elon Musk’s X (formerly Twitter) is quickly losing relevance with this critical demographic, which could have serious…
Most people don’t expect to see political protest slapped on the back of a luxury electric car. But that’s exactly what’s happening—and it’s turning into serious money. One guy selling anti-Elon Musk bumper stickers to Tesla owners is reportedly pulling in over $100,000 a month. The business is simple: short, punchy phrases that help Tesla…