Money, Wealth & Power—A Daily Look at the Financial World
The Magnificent Seven have gone from unstoppable market darlings to a source of unease as leadership narrows and volatility picks up. After a three-year run that reshaped the major indexes, investors are now weighing whether the latest pullback is a rare second chance or the start of a longer comedown. I see the answer depending…
Business leaders left the World Economic Forum in Davos this week with an unusually blunt message for Europe: fix the structural problems that are dragging on growth or watch investment, innovation and jobs flow to the United States and China. Their warning was not about a distant future but about decisions companies are making now…
After a powerful run in equities, Goldman Sachs is signaling that the next big move in markets may be a pullback rather than another melt-up. Yet even as it warns about the risk of a correction, the firm is still steering clients toward a handful of durable dividend payers that it believes can ride out…
Inflation is drifting higher again in the Federal Reserve’s preferred yardstick, complicating hopes that price pressures were gliding smoothly back to target. The personal consumption expenditures index showed prices rising at 2.8% in November, a reminder that the last mile in the inflation fight is proving stubborn even as growth and jobs remain resilient. That…
Rare earth miners have roared back into focus after a string of surprisingly strong operational updates, turning a once-speculative corner of the market into one of the week’s most closely watched trades. The latest leg higher has been driven less by hype and more by concrete production and project milestones, igniting a new wave of…
Global markets are grappling with a rare alignment of risks, from swelling public debts to shifting geopolitical alliances, that some economists now describe as a self reinforcing “doom loop” for the world economy. At the center of that feedback cycle sits the U.S. dollar, still the dominant reserve currency but no longer looking invulnerable. The…
President Donald Trump is again testing the outer limits of American statecraft, floating the idea of paying every resident of Greenland $1 million to bring the vast Arctic territory into the United States. The proposal, framed as a once-in-a-lifetime windfall for roughly 56,000 people, would turn a long-running geopolitical tug-of-war into a direct cash offer…
As the World Economic Forum wrapped up in Davos, the message from global chief executives to Europe was unusually blunt: adapt fast or watch investment, innovation and jobs flow to rivals in the United States and China. At stake is not only the continent’s competitiveness but also its social cohesion and political clout in a…
Tesla’s long-promised self-driving future just picked up a powerful new backer in the financial world. Morgan Stanley is telling clients that a key barrier to the company’s autonomous ambitions has started to give way, reframing Full Self-Driving from a speculative add-on into a technology with measurable economic value. For a market that has spent years…
Eric Trump is turning his long‑running feud with traditional finance into a broader warning about the future of money. His latest claim, that big banks are fighting cryptocurrency laws because the entire system is being rewired, lands at a moment when Washington, Wall Street and the digital asset industry are all trying to decide who…