Money, Wealth & Power—A Daily Look at the Financial World
Artificial intelligence has become the defining growth story of global markets, lifting chipmakers, cloud giants, and a long tail of startups to valuations that would have seemed implausible only a few years ago. The question now is not whether AI is important, but whether the financial expectations built around it have detached from reality. To…
The American middle class is still shopping, but it is shopping on a timer. Big-ticket purchases are being pushed off, carts are getting smaller, and the gap between households that can spend freely and those that must wait is wider than at any point in recent memory. The divide is now visible in everything from…
Warnings about a third global conflict are no longer confined to fringe corners of the internet. Prophets, intelligence specialists and artificial intelligence researchers are all sketching out versions of how World War 3 could start, and their scenarios often rhyme even when their methods could not be more different. I set out to trace those…
The S&P 500’s blistering run has pushed the benchmark within striking distance of a level that once sounded like science fiction. With the index already well above 6,800, the idea that it could tag 7,000 before the calendar flips is no longer a fringe call but a live debate on trading desks and in boardrooms….
President Donald Trump has turned artificial intelligence into a signature economic and security priority, but his latest move to centralize AI rules in Washington is exposing a deep rift inside his own party. By trying to shut down state-level experiments, he has forced Republicans to choose between their long-standing alliance with big business and their…
Inflation is cooling, and one of President Donald Trump’s most prominent economic advisers is treating the latest numbers as a turning point. White House National Economic Council Director Kev, better known as Kevin Hassett, is hailing the fresh data as “blockbuster” evidence that price pressures are easing while wages keep climbing, a combination he argues…
Stock indexes are still hovering near records, yet some of the market’s most seasoned players are quietly preparing for rougher weather in 2026. Valuations, concentration in a handful of winners, and a long list of macro risks are all flashing caution, even as surveys show investors growing more optimistic. The tension between those warning signals…
Global wealth is ballooning on paper far faster than the real economy is growing, and that gap is quietly transforming who gets rich and who is left behind. Instead of coming from new factories, better infrastructure or higher wages, much of today’s fortune-building is riding on soaring prices for stocks, real estate and other financial…
President Donald Trump’s new 12 billion dollar farm rescue is being sold as a lifeline, but many growers see it as a one year patch on a much deeper wound. With profits already collapsing and bankruptcies climbing, producers warn that the structure of the plan could actually accelerate failures if it props up today’s balance…
Doug Burgum has staked his tenure at the Interior Department on a simple promise: that President Donald Trump is restoring cheap, secure American energy by tearing down barriers to drilling, mining, and power generation. From offshore lease sales to liquefied natural gas exports, the administration is moving quickly to expand supply and rewire federal oversight….