Money, Wealth & Power—A Daily Look at the Financial World
Americans are still wrestling with stubbornly high prices, and the political fight over who can actually make life cheaper has only intensified. President Donald Trump has rolled out a menu of ideas, from capping credit card rates to squeezing tech giants on energy use, but Nobel economist Paul Krugman argues that one relatively simple institutional…
Nvidia’s latest surge has pushed the chipmaker back toward the top of the market’s leaderboard, reigniting the debate over whether the stock can still deliver strong returns into 2026. The company’s profits, product roadmap, and Wall Street expectations all point to a business firing on nearly every cylinder, but the valuation and competitive threats are…
Retail investors are racing out of the tech giants that once powered Wall Street’s rally after President Donald Trump put Washington’s weight squarely behind domestic chips. His latest proclamation on Intel has turned a simmering rotation away from the Magnificent Seven into a visible stampede, as money pours into semiconductors, small caps, and broad exchange…
The new president of the Federal Reserve Bank of Kansas City is signaling that the fight against inflation is not over, and that cutting interest rates too soon could backfire. Jeffrey Schmid is warning that an early pivot risks reigniting price pressures just as they are starting to cool, potentially forcing the Fed into a…
President Donald Trump is preparing to halt federal payments to jurisdictions with sanctuary policies starting February 1, a sweeping move his allies frame as a crackdown on crime and misuse of public money. The plan would target cities and states that limit cooperation with federal immigration authorities, potentially touching everything from housing grants to transportation…
Protests that began after a federal immigration officer shot a man in Minneapolis have escalated into a national test of presidential power, as President Donald Trump threatens to invoke the Insurrection Act to send active-duty troops into Minnesota. The confrontation is no longer only about a deadly encounter on an icy city street, but about…
The Federal Reserve is quietly sounding an alarm about what is really keeping the recovery alive: a narrow slice of affluent households booking business-class flights, upgrading to designer handbags, and filling luxury resorts. The headline growth that shows up in national statistics is increasingly the product of this high-end spending, while much of the country…
Crypto’s obituary has been written so many times that it has become a market cliché, yet the latest bout of volatility has revived a serious version of the “collapse” argument. Prices are whipsawing near record levels, regulators are circling, and even long‑time believers are debating whether the asset class is maturing or simply running out…
President Donald Trump has singled out Australia’s mandatory 12% “superannuation” savings rate as a potential template for reshaping how Americans build retirement wealth. If that idea moves from talking point to policy, it could fundamentally change how much flows into your 401(k), who controls those dollars, and what role Social Security plays in your future…
Prices on everything from sneakers to smartphones are climbing again, and a big reason is President Donald Trump’s renewed tariff offensive. What was billed as a way to punish foreign competitors is increasingly showing up as a surcharge on everyday American life, as businesses warn that they have little choice but to pass higher import…