Money, Wealth & Power—A Daily Look at the Financial World
Across the United States, the math of everyday life has stopped working for millions of households. Prices for housing, food, transportation and childcare keep climbing, while paychecks inch forward at a pace that feels almost insulting. The result is a grinding affordability crisis in which workers are cutting back, taking on extra jobs and, increasingly,…
Nvidia CEO Jensen Huang has stopped flattering the market about artificial intelligence and started spelling out the risks of complacency. His latest warning to Wall Street is not about quarterly guidance or chip shortages, but about what happens to economies, jobs and national power if investors keep treating AI as a narrow tech trade instead…
Bitcoin’s energy appetite has long worried climate scientists, but the latest wave of research and criticism has turned that concern into a full‑blown political fight. As new data links mining to air pollution, health risks, and revived fossil fuel plants, critics now describe the world’s best‑known cryptocurrency as “one big disaster for the environment,” while…
Wall Street is heading into 2026 with a rare kind of interest rate risk, where the Federal Reserve’s policy path and its own internal politics could collide with stretched equity valuations. The result is a setup in which even a modest policy surprise could trigger a sharp repricing across stocks, credit and rate‑sensitive corners of…
Europe is moving quickly to lock in new trade and energy partnerships that reduce its exposure to President Donald Trump’s tariffs and threats, and in the process it is sidelining Washington from some of the most consequential deals of the decade. From Latin America to the North Sea, European leaders are treating the current rift…
President Donald Trump is treating an upcoming Supreme Court decision on his tariff powers as a make‑or‑break moment for the economy and his own agenda, warning that America could face huge losses if the justices rule against him. Legal and economic experts, however, increasingly see a serious risk that the Court will curb his use…
The United Kingdom is preparing to surrender sovereignty over the Chagos Islands, a remote archipelago in the Indian Ocean that has long symbolised the afterlife of empire and the hard edge of Western power projection. As London steps back, the United States is moving to lock in its military footprint and, in the process, to…
Gold and silver have ripped through psychological ceilings, dragging the wider commodities complex into what looks like a fresh supercycle just as natural gas and copper swing violently on supply and weather shocks. Prices that once sounded like marketing slogans are now on trading screens, and the speed of the move is forcing investors, policymakers,…
Winter storm Fern is not just another bout of bad weather. It is a historic system engulfing more than half of the United States, shutting down travel, severing power and threatening to erase over one hundred billion dollars in economic activity in a matter of days. As the damage tally climbs, the storm is emerging…
Billionaire entrepreneur Mark Cuban has spent decades investing in companies that live or die with the business cycle, and he is now warning that the next downturn will not hit all sectors equally. In his view, four big slices of the economy are so fragile that a recession could do more than dent profits, it…