Money, Wealth & Power—A Daily Look at the Financial World
In the thin air of the Swiss Alps, the argument over artificial intelligence has shifted from hype to headcount. At Davos this year, the world’s most powerful executives openly wrestled with how many jobs they are prepared to automate away, and how quickly. The clash is no longer about whether AI will reshape work, but…
Commerce Secretary Howard Lutnick has turned the polite language of Davos on its head, declaring that globalization has failed and that the United States of America must put its own workers and factories first. He is pairing that rhetoric with a sweeping prediction that the United States of America is on the verge of a…
As prices climb and household budgets strain, President Donald Trump has offered a blunt prescription to American families: simply go without. In recent remarks, the billionaire president suggested parents should buy fewer toys and that Americans “can give up certain products” if tariffs and inflation make everyday items more expensive. The comments land in a…
The United States government just watched billions in paper gains on Intel evaporate in a single trading session, yet its controversial rescue stake in the chipmaker is still comfortably profitable. A brutal selloff in Intel shares wiped out roughly $2.6 billion in value for taxpayers in one day, but the position remains deeply in the…
Stock market pullbacks have become a spectator sport, with traders rushing in to “buy the dip” before the opening bell finishes ringing. What started as a disciplined way to add to long term positions is morphing into an all in gamble that treats every sell off as a once in a lifetime bargain. As volatility…
Global investors are not storming the exits from the United States, but they are quietly edging toward the door. The combination of political volatility around President Donald Trump, a more fragile dollar and richer US valuations is pushing big money to reweight portfolios toward emerging markets, gold and overseas stocks. In effect, investors are “quiet…
Bitcoin is sliding into one of its harshest shakeouts in years, with market structure metrics now echoing the brutal capitulation phase of the 2022 bear market. The latest leg lower has dragged prices back toward levels where long-term holders, leveraged traders, and even institutional products are all under pressure at once, raising the risk of…
Quantum computing is shifting from lab experiment to commercial reality, and IonQ is one of the few pure-play names sitting at the center of that transition. With the company tying its roadmap to a projected $72 Billion opportunity by 2035 and pushing hardware toward error-corrected performance, I see a credible case that IonQ could evolve…
For years, “globalization” has been blamed for shuttered factories, stagnant wages, and political anger across the American heartland. Yet the data and the policy record point to a different story: the United States did not simply endure a global economic order designed elsewhere, it rewired that system around its own strengths. Rather than losing to…
Big technology and artificial intelligence firms are pouring unprecedented sums into Washington as President Donald Trump champions rapid deployment of new tools and data infrastructure. Lobbying that once focused on narrow regulatory skirmishes has swollen into a full‑scale campaign to shape the rules of the AI era, from data centers and energy use to liability…