Money, Wealth & Power—A Daily Look at the Financial World
Across the country, small, closely held firms are hitting a financial wall as rising borrowing costs and heavy debt loads push more owners into court. The surge in mom-and-pop bankruptcies is not a blip, it is the sharp edge of a broader shift in how fragile the small business economy has become under higher interest…
Michael Burry is once again sounding alarms, arguing that U.S. equities are heading into a stretch of “bad years” that could leave today’s investors with far less than they expect. Instead of a quick correction, he is warning of a drawn-out comedown from an era of easy money, aggressive speculation, and faith in technology narratives….
The most fragile part of America’s financial system is not sitting on bank balance sheets. It is a sprawling, lightly regulated web of private lenders and investment vehicles that now rivals traditional banks in size, yet operates largely out of public view. If stress hits this hidden credit engine at the wrong moment, the damage…
Goldman Sachs has just thrown a bucket of cold water on the long-held belief that U.S. stocks are the safest and strongest bet for the next decade, warning that American equities could trail the rest of the world for years. Yet the same research also argues that the U.S. economy itself is set to outperform…
Lindsey Graham is now railing against the same surveillance machinery that he spent years helping to build and protect, turning a long running national security debate into a very personal fight. His outrage, sparked by revelations that federal agents scrutinized his own communications, has exposed a sharp clash between his past votes for expansive spying…
Speculation around artificial intelligence now rivals the frenzy that once surrounded dot-com stocks, but the similarities only go so far. The current boom is unfolding in a more mature market, with deeper cash flows and more concentrated power, even as investors replay familiar patterns of hype, overbuilding and fear of missing out. To see how…
Over the next 20 years, the jobs most likely to thrive will combine strong demand with skills that are hard to automate. Based on current projections and detailed reporting on growth sectors, I see a clear pattern: roles that manage complexity, work directly with people, or guide advanced technology are positioned to gain the most….
The Federal Aviation Administration set out to reward the workers who kept the air system running during the government shutdown, but a single attendance rule ended up excluding most of the people it was meant to recognize. Instead of a broad thank-you, the bonus program turned into a case study in how a rigid metric…
Record-breaking Black Friday receipts are colliding with a darker mood about the United States economy, and the contrast is hard to ignore. Shoppers opened their wallets in spectacular fashion, yet the surge in spending is arriving alongside rising anxiety about inflation, slowing wage growth, and widening inequality. I see a holiday splurge that looks less…
Goldman Sachs is paying $2 billion for a specialist in so-called “boomer candy,” a corner of the exchange traded fund market built around manufactured yield and partial downside protection. The deal is more than a splashy headline about retirees and sweeteners, it is a bet that buffered and defined-outcome strategies are moving from niche curiosity…