Money, Wealth & Power—A Daily Look at the Financial World
A brutal Arctic blast has turned the normally sleepy midwinter gas market into one of the most volatile corners of global energy. Benchmark contracts that spent much of last year languishing are suddenly sprinting higher as heating demand collides with tight supply and fragile infrastructure. The spike looks dramatic on its own, but the deeper…
A new push from the Democratic left is aiming not just to trim immigration enforcement, but to sharply restrict the Department of Homeland Security’s power to lock people up. At the center is Rep. Delia Ramirez of Illinois, who is preparing legislation that would severely limit when DHS can detain immigrants and redirect money away…
Silicon Valley has poured billions into apps, wearables, and AI tools that promise to fix a broken healthcare system, yet the foundations under that revolution are quietly cracking. Cyberattacks, exhausted clinicians, and burned-out engineers are exposing how fragile the digital infrastructure of care really is. The result is a silent crisis that threatens to wreck…
Grocery shoppers have been promised relief as President Donald Trump tears up some of his own food tariffs, but the gap between policy headlines and the price at the register is stubbornly wide. Tariff cuts can, in theory, pull certain staples lower, yet the structure of supermarket supply chains means any plunge in prices is…
U.S. bank shares are under heavy pressure as Wall Street races to price in President Donald Trump’s proposed 10% ceiling on credit card interest. The looming deadline for lenders to respond has turned a long-simmering political promise into an immediate market test, with traders dumping financial stocks and scrambling to gauge how far profits and…
The latest jump in Treasury yields is colliding with a fragile equity mood, turning a technical bond move into a broader “sell America” scare. Global investors are reassessing how much risk they want to hold in United States assets just as political headlines and overseas bond shocks rattle confidence. Instead of a clean rotation within…
Income investors rarely get the chance to collect a double-digit yield from a fund that could also rally if the economy tips into a downturn. Yet that is exactly the combination the iShares Treasury BuyWrite ETF offers, pairing rich cash payouts with the potential for a powerful rebound if recession forces interest rates lower. The…
President Donald Trump’s tariff agenda is shifting in ways that could quietly cut everyday costs, even as headline trade tensions rattle markets. A series of exemptions and trade tweaks has helped push the projected tariff haul down by about $3 billion, and that shortfall is showing up as relief on store shelves rather than in…
Jamie Dimon has spent years telling policymakers that the United States can ask more of people like him, as long as the money does not disappear into what he calls the Washington “swamp.” At the World Economic Forum in Davos this year, the JPMorgan chief executive sharpened that message, saying he is comfortable with higher…
Your 2026 raise might look oddly flat, even if your company is doing well and prices around you are still climbing. Instead of big jumps for star performers and smaller bumps for everyone else, more employers are experimenting with a “peanut butter” approach that spreads pay increases evenly across the workforce. I want to unpack…