Money, Wealth & Power—A Daily Look at the Financial World
Wall Street is staring at a volatile open as political risk and mega-cap earnings collide. Dow futures are under pressure after President Donald Trump threatened tariffs of up to 100% on Canadian imports, just as Tesla, Microsoft, Meta and Apple prepare to report results that could reset expectations for the entire tech complex. The combination…
Natural gas markets have erupted just as an Arctic blast bears down on the United States, sending wholesale prices soaring and leaving households staring at winter heating bills that could reach $5,000. In a matter of days, benchmark contracts have jumped around 70%, a spike that is already filtering into utility rates and emergency budget…
Cathie Wood has turned a bout of weakness in Broadcom into a buying opportunity, scooping up $10.7 million of the chipmaker’s stock just as sentiment around artificial intelligence hardware wobbles. Her move effectively doubles down on the idea that the current chip cycle, and Broadcom’s role in it, still has room to run despite short…
The battle over who controls Venezuela’s oil is no longer just about Caracas or crude prices. It is rapidly turning into a test of whether Washington can use that leverage to force deep losses on Beijing, and whether Beijing is willing to accept them without a wider rupture in global debt diplomacy. At stake is…
President Donald Trump is pushing an aggressive new mix of tariffs and consumer credit rules that his allies frame as a populist reset of the United States economy. Some of the people who know the system best say it is a recipe for chaos instead. One of the most prominent is hedge fund billionaire Ray…
Jensen Huang is trying to reframe the artificial intelligence frenzy not as a speculative bubble but as the start of a generational buildout of digital infrastructure. In his view, the world is still in the early innings of spending on data centers, chips, power and software, and it will take trillions of dollars more before…
The United States is living through a twin surge in inequality and market froth, and both trends are accelerating on President Donald Trump’s watch. The wealth gap has widened to levels not seen in decades at the same time that speculative bets on technology and artificial intelligence have pushed asset prices to precarious heights. Together,…
Gold’s latest surge has turned a traditional safe haven into the hottest trade on the screen, with prices smashing through prior peaks and pulling in everyone from nervous retirees to crypto refugees. The metal has rocketed from just above $2,600 to more than $4,000 per ounce in barely a year, and big banks now talk…
The balance of financial power between Washington and Brussels is being tested in a new kind of confrontation, one fought with bond portfolios rather than tanks. Talk of Europe dumping its vast holdings of U.S. Treasurys has raised the specter of a “debt war,” yet the structure of global markets means the United States holds…
President Donald Trump is seizing on a fast-moving ethics storm around Congresswoman Ilhan Omar, demanding an immediate investigation into what he calls “Financial and Political Crimes” tied to her rapidly expanding fortune. His call lands just as House Republicans and federal authorities are already digging into how Omar’s reported net worth appears to have surged…