Money, Wealth & Power—A Daily Look at the Financial World
Billionaires are not just richer than everyone else, they are statistically thousands of times more likely to end up running countries or wielding direct political power. That imbalance is no longer a quirky feature of modern capitalism, it is a structural shift that concentrates both money and decision‑making in the same tiny circle. When a…
With new cars averaging close to luxury territory, the White House is betting that weaker pollution rules can double as a pocketbook policy. President Donald Trump’s team is pitching a sweeping rollback of fuel economy and emissions standards as a way to revive the affordable family car and undercut the era of the $50,000 sticker…
President Donald Trump’s threat to slap a 10% tariff on imports from eight European countries over the dispute surrounding Greenland is not just another skirmish in a long trade war. It is a move that directly links territorial ambition to trade leverage, and markets are already signaling how disruptive that mix could become. If the…
Peter Schiff has spent years warning that Bitcoin is a speculative mirage, but his latest barrage of forecasts ties the cryptocurrency’s fate directly to what he sees as a looming financial crisis. In his telling, the next phase of market stress will not send investors deeper into digital assets, it will expose Bitcoin’s structural weaknesses…
Major League Baseball is minting record revenues, yet the system that prints the money is starting to misfire. The richest clubs are pulling away, local TV cash is wobbling, and the sport is drifting toward a labor showdown that mirrors broader economic strains in the United States. I see a league where the financial engine…
Bitcoin’s violent swings are once again colliding with a powerful rally in gold, reviving a bold question for investors: could a deep crypto selloff be the catalyst that finally sends bullion toward $10,000 an ounce and beyond. At the same time, income-focused investors are looking past the metal itself to dividend-paying miners that can turn…
Bitcoin has survived multiple crashes, regulatory crackdowns and a revolving cast of skeptics. Now one of the sector’s most outspoken analysts is not just predicting another downturn but outlining how, in his view, the entire system could unravel on a clear timeline. His warning lands just as other high profile critics, from Nobel laureates to…
The Venezuelan government is turning again to dollar auctions as a last‑resort tool to slow a fresh collapse of the bolivar, after a sharp slide that followed the capture of Nicolás Maduro and renewed disruption to oil exports. The move signals both how fragile the country’s currency regime remains and how central access to US…
Federal Reserve officials are lining up behind a clear message: with inflation easing and the labor market losing some steam, a rate cut at the January policy meeting is now a live option rather than a distant prospect. The shift reflects a growing sense inside the central bank that the balance of risks is tilting…
Cybersecurity and cloud analytics remain among the most aggressively valued corners of the market, and August is shaping up as a stress test for investors who still want exposure to explosive growth. I see CrowdStrike, Datadog, Snowflake, and Okta as central to that debate, with each name offering a different mix of momentum, risk, and…