Money, Wealth & Power—A Daily Look at the Financial World
President Donald Trump is presenting Iran’s protest crackdown as a crisis that has suddenly eased, claiming Tehran has halted executions and stopped killing demonstrators just as Washington steps back from immediate military action. His assurances arrive while activists describe a death toll in the thousands and Iran remains largely cut off from the outside world,…
Amazon is quietly testing how much pain its suppliers will tolerate just as the Supreme Court prepares to rule on the legality of President Donald Trump’s sweeping global tariffs. The company is demanding fresh price cuts from brands and manufacturers, even though the trade duties that helped justify earlier increases could soon be rolled back….
The clash between the White House and the central bank has moved from simmering tension to open confrontation, and the latest volley came from inside the Federal Reserve itself. Minneapolis Fed leader Kashkari has framed the Trump administration’s threats against Jerome Powell not as a legal dispute, but as a direct attempt to seize control…
President Donald Trump is selling a story of an “economic boom” built on strong growth, new factory jobs and a promise that the worst of the inflation shock is over. Many Americans, however, still feel squeezed every time they pay for groceries, gas or a car loan, and they are telling pollsters that the recovery…
Corporate leaders have spent years praising the virtues of an independent central bank, yet as Jerome Powell faces a criminal probe and an escalating clash with President Donald Trump, the C‑suite is largely watching from the sidelines. The same executives who depend on predictable interest rates and a credible Federal Reserve are now weighing the…
After a holiday season shaped by aggressive discounts, delayed data and lingering sticker shock, the next inflation report is poised to cut through the haze around what prices are really doing. The latest readings on consumer prices will show whether the apparent cooling in late 2025 was a durable shift or a temporary gift from…
The Pentagon is making an unusually direct bet on the future of U.S. missile power, committing $1 billion to the rocket motor arm of L3Harris in a move that blends industrial policy with hard-edged defense planning. Instead of relying solely on contracts, the government is taking an equity stake in a new Missile Solutions business…
Donald Trump’s relationship with the oil industry has usually been defined by mutual convenience, not confrontation. So when a prominent energy executive publicly challenged his approach, the reaction inside the White House was described by one aide as pure blowback, the kind that comes when a president expects deference and instead gets a blunt reality…
Artificial intelligence is turning data centers into some of the hungriest power customers in the United States, and the scramble to feed them is colliding with politics at the highest level. President Donald Trump has mocked wind and solar, yet the companies building the AI boom are racing toward the cheapest electrons they can find,…
Artificial intelligence stocks are heading into earnings season with powerful tailwinds from both corporate demand and macro optimism, yet a new policy twist from Washington is adding a layer of uncertainty that investors cannot ignore. The sector is riding expectations that the global AI market could eventually reach figures like $4.8 trillion in value, while…