Money, Wealth & Power—A Daily Look at the Financial World
The fight over President Donald Trump’s tariffs has moved from cargo terminals to the marble steps of the Supreme Court, and the stakes for the freight economy could hardly be higher. A pending ruling on whether those tariffs were lawfully imposed now threatens to reorder who pays for global shipping, who gets money back, and…
Global opinion is coalescing around a stark judgment of President Donald Trump’s second term: his “America first” agenda is not restoring U.S. primacy so much as clearing space for rival powers. A sweeping new poll of tens of thousands of people across major regions finds that the country gaining stature from Washington’s turmoil is not…
ETF investors heading into 2026 are not short of choice, but the gap between a solid fund and a truly durable growth engine can be wide. The most compelling long term candidates combine broad diversification, structural tailwinds like technology and small caps, and fees low enough to let compounding do the heavy lifting. I focus…
Verizon customers are being offered a $20 bill credit after a massive wireless outage disrupted calls, texts, and data across the country, but the company has yet to clearly explain what actually went wrong. The gesture is meant to acknowledge hours of lost connectivity and anxiety, especially for people who could not reach emergency services,…
Financial markets are already betting that the Federal Reserve will be easing policy again in 2026, but the people who actually set or model rates are sending a cooler message. The emerging consensus from central bankers and Wall Street economists is that any relief is likely to be limited, slow, and highly conditional on inflation…
Donald Trump’s media company has quietly positioned itself at the center of one of the most ambitious bets in American industrial strategy, tying a partisan social network to nuclear fusion, semiconductors and crypto finance. The result is a Trump-owned vehicle that now sits at the intersection of private capital and presidential power, with a structure…
SpaceX is finally edging toward the public markets, and expectations are already orbiting far above most traditional listings. If the company does float shares in 2026, the central question for investors is whether the stock could surge dramatically on debut or whether much of that upside is already baked into lofty private valuations. I see…
Apple’s decision to lean on Google’s Gemini models for the next wave of Siri and Apple Intelligence has instantly reordered the AI power rankings. Instead of splitting its bets across multiple model providers, Apple has effectively handed Google the most coveted distribution channel in consumer tech and left OpenAI watching from the sidelines. I see…
President Donald Trump has turned a simmering dispute with Wall Street into a full‑blown political fight, publicly swiping at JPMorgan Chase Chief Executive Officer Jamie Dimon after the banker warned that a Justice Department probe of Federal Reserve Chair Jerome Powell could damage the economy. The clash pits the White House’s aggressive posture toward the…
U.S. shoppers gave retailers an early holiday gift in November, lifting sales far more than forecasters expected and signaling that consumers are not yet ready to retreat. Retail receipts climbed 0.6% from October, a solid gain that suggests households kept spending even as they juggled higher borrowing costs and lingering price pressures. The surprise strength…