Money, Wealth & Power—A Daily Look at the Financial World
American shoppers are discovering that the worst of inflation may be over on paper, yet their grocery carts still tell a different story. Food in the United States now costs nearly one fifth more than it did in 2022, a jump that has turned routine supermarket runs into a monthly budgeting crisis for many households….
Prediction markets were supposed to be a quirky sideshow, a way for political obsessives and crypto traders to bet lunch money on the news. Instead, they are quietly knitting themselves into the wiring of American finance and politics at the exact moment markets are showing how fast a trillion dollars can vanish. If Wall Street…
Wall Street is suddenly treating quantum computing as more than a science‑fiction footnote in the Bitcoin story. A high‑profile strategist has just walked away from a major Bitcoin position, arguing that future quantum machines could eventually crack the cryptography that underpins the network. The move has exposed a sharp divide between those who see a…
The official numbers say the United States is in solid shape, with growth holding up and unemployment low, yet for many households and businesses the economy still feels fragile and unfair. The idea of a “rolling recession” helps explain why those lived experiences can clash so sharply with the headline data, and why the recovery…
Global investors are once again piling into American assets, lifting foreign holdings of United States securities to fresh highs and underscoring how central the country remains to the world’s financial plumbing. The headline figure of $9.35 trillion for foreign portfolio exposure to U.S. markets is not directly reported in official data and is therefore unverified…
With market indexes hovering near record territory, finding genuine bargains is getting harder, not easier. Yet investors willing to look beyond the usual mega-cap names can still put $1,000 to work in companies that trade at modest prices while offering solid cash flows and growth potential. I see two such opportunities today in a classic…
Riot Platforms stock is ripping higher after the company pulled off a deal that pushes it far beyond its roots as a pure Bitcoin miner. The market is suddenly treating the company less like a simple crypto proxy and more like a potential heavyweight in the data center arms race powering artificial intelligence and high…
China has quietly stepped back from financing Washington’s deficits, selling U.S. government debt for nine straight months even as global demand for Treasuries hits record highs. The shift leaves Beijing holding its smallest stash of U.S. bonds since the global financial crisis, while other foreign investors rush to fill the gap. The divergence captures a…
Warnings about the United States economy are no longer coming only from predictable partisan corners. A growing chorus of Republican veterans, including alumni of George W Bush’s inner circle, now argue that President Donald Trump’s approach to power, policy, and the Federal Reserve is steering the country toward a serious downturn. Their message is blunt:…
President Donald Trump has turned a long‑running fascination with Greenland into a hard‑edged test of loyalty for U.S. partners, tying support for his takeover push to the threat of new tariffs. In recent remarks, he has framed control of the Arctic island as a matter of national security and warned that countries resisting that vision…