Money, Wealth & Power—A Daily Look at the Financial World
Wall Street is quietly wagering that the Supreme Court will clip President Donald Trump’s tariff powers, ease a major source of uncertainty, and leave the real economy to prove it can grow without emergency trade protection. The bets are visible in prediction markets, sector positioning, and research notes that treat a rollback of Trump’s signature…
Silver’s blistering rally has turned a once-sleepy metal into one of the hottest trades in global markets, but the very speed of that ascent is now flashing danger. Former JPM quant chief Marko Kolanovic is warning that the surge has all the hallmarks of a blow‑off top and that prices are at risk of collapsing…
American Bitcoin has quietly become one of the most closely watched corporate holders of Bitcoin, and its latest purchase underlines why. The Trump-backed miner added 416 BTC to its balance sheet, lifting total reserves to 5,843 BTC and signaling that its treasury strategy is built around aggressive accumulation rather than short term trading. For investors…
The Nasdaq’s latest surge is being powered by a rare combination of a more upbeat tone from Federal Reserve Chair Jerome Powell and a renewed burst of enthusiasm for Tesla, Inc. After months of rate anxiety and choppy trading, investors are treating Powell’s comments on solid economic growth and a steady policy hand as a…
Restaurants are warning that President Donald Trump’s decision to eliminate the penny will saddle their industry with a collective $168M in new costs, and they say diners will be the ones who ultimately make up the difference. The move lands at a moment when menu prices, labor shortages, and political volatility are already reshaping how…
Warnings that the next downturn will eclipse the 2008 meltdown are no longer coming from fringe voices. A growing group of high-profile economists and market commentators now argue that the global financial system is heading into a far more violent reset, with debt, asset bubbles and currency strains all converging at once. Their message is…
Gold is back at the center of global markets as investors react to a weaker dollar and a White House that openly talks down the currency. UBS is warning that President Trump’s rhetoric is feeding a broader story about relative U.S. decline, and that this narrative is now one of the key forces propelling bullion…
The dollar’s latest slide has revived a familiar prophecy: that the United States currency is on the brink of losing its global throne. Social media is full of charts and doom-laden threads, but many economists argue the story is less about collapse and more about a powerful currency adjusting to new pressures. I see a…
Population growth in the United States has slipped back toward its slowest pace since the COVID-19 pandemic, with new federal estimates showing that the country added only 1.8 m people in 2025, an increase of just 0.5% from the year before. The headline number looks modest, but the story behind it is more dramatic: a…
As California advances a first-of-its-kind levy on extreme fortunes, one of its most famous tech billionaires is quietly reshaping his footprint just over the state line. Records tying Sergey Brin to a sprawling Lake Tahoe compound on the Nevada shore, with a price tag approaching $100 million once renovations are counted, have intensified questions about…