Money, Wealth & Power—A Daily Look at the Financial World
Europe’s aluminum sector is buckling under the weight of high energy prices, shrinking smelting capacity, and rising geopolitical risk, and the shock is rippling through carmakers, construction groups, packaging giants, and clean‑tech manufacturers. What began as a power‑price squeeze has become a structural threat to industrial autonomy, just as demand for lightweight metals accelerates with…
Donald Trump returned to the White House promising to “end inflation” on Day 1 of his second presidency, casting himself as the candidate who would make groceries, gas and rent feel affordable again. A year later, the headline numbers show price growth has cooled sharply from the pandemic peak, but the cost of living has…
The global economic system that took shape after World War II is being rapidly rewritten as President Donald Trump leans into an aggressive America First agenda. Longstanding assumptions about open markets, shared security and predictable U.S. leadership are giving way to a more transactional order in which tariffs, threats and sudden policy shifts are tools…
President Donald Trump has promised to stop what he calls global freeloading on American medicines and to make other countries pay more for blockbuster drugs. At the same time, he is trying to drag down prices at home through aggressive bargaining, trade pressure and new Medicare models. The question is whether this mix of threats…
President Trump has staked political capital on a sweeping effort to unfreeze the housing market and make mortgages cheaper, but Wall Street analysts say the strategy is colliding with stubborn structural realities. The core problem, as I see it, is that the plan leans heavily on financial engineering to cut borrowing costs while doing far…
The chief of the largest American bank is again sounding the alarm about Washington’s finances, warning that a $38 trillion national debt is pushing the United States toward a crisis. Chase CEO Jamie Dimon is framing the debt as a looming shock to the economy, not a distant abstraction, and he is pressing political leaders…
Robert Kiyosaki is again predicting that the global economy is heading into what he calls the biggest financial shift in modern history, and he is tying that shift directly to a wave of job losses by 2026. He argues that artificial intelligence, fragile real estate markets and heavily indebted households are converging into a structural…
Intel’s latest sell-off has exposed a growing gap between the company’s soaring ambitions and its current earnings power. After a powerful run-up in 2025, Bank of America is now arguing that the stock price reflects a profit engine Intel has not yet built, and may struggle to deliver on the timetable investors expect. The question…
Veteran manager George Noble is putting his reputation on the line by arguing that Tesla is not just overvalued but represents the most extreme stock bubble in market history. He is backing that view with a short bet and a detailed critique of how the company makes money, how it is valued, and how its…
Electric vehicles have just hit a wall in the United States, with their share of new-car sales sliding to 6.6 percent after the federal $7,500 tax credit vanished. What had been a decade-long climb in adoption has flipped almost overnight into a sharp correction that is rattling automakers, dealers, and policymakers. The crash in demand…