Money, Wealth & Power—A Daily Look at the Financial World
Andrew Yang, the entrepreneur and former Democratic presidential candidate, is warning that artificial intelligence could displace millions of white-collar American workers far sooner than most people expect. In a recent post on his personal blog, Yang argued that AI will rapidly reduce the need for desk-based office labor, projecting that the disruption could hit within…
Wealthy Americans now represent the single largest group of applicants for New Zealand’s Active Investor Visa, a so-called golden visa program that has seen a sharp rise in interest since the country loosened its requirements. Nearly 40% of applications come from the United States, and the surge is directly linked to anxiety over Donald Trump’s…
Silver prices broke sharply higher in early 2026, accelerating faster than many market participants expected as policy signals and physical tightness converged. The rally drew fuel from a collision of forces: a formal U.S. government designation of silver as a critical mineral, record-setting industrial consumption, and four straight years of structural supply deficits that have…
Bitcoin slipped below $70,000 in early February 2026, triggering a wave of bearish forecasts from major financial institutions and independent research firms. Standard Chartered cut its 2026 price target by 33% to $100,000 and warned of a potential slide to $50,000, while Ned Davis Research pointed to historical crypto winter patterns that could drag the…
Ethereum holders are watching prices whip around while regulatory headlines stoke fear of a crackdown, but the strongest signals from U.S. regulators and the protocol’s own engineering tell a different story. A federal court has already affirmed that Ether qualifies as a commodity, the network’s energy footprint has collapsed by orders of magnitude, and built-in…
Economists at some of the world’s leading research institutions are raising alarms about the speed at which artificial intelligence is threatening American jobs. New analyses from the International Monetary Fund, the Brookings Institution, and the Federal Reserve suggest that tens of millions of U.S. workers face significant disruption to their daily tasks, with the sharpest…
California’s TK-12 school districts received record state funding in recent budget cycles, yet hundreds are now spending more than they take in, burning through reserves that a state-imposed cap already limits. The disconnect between rising Proposition 98 allocations and worsening district balance sheets traces back to structural forces that no single budget boost can fix:…
Pennsylvania drivers are paying sharply more at the pump than their neighbors, with gasoline prices in the state spiking well above the national average in recent weeks. The surge has hit the Central Atlantic region especially hard, and the explanation goes far beyond what crude oil is doing on global markets. A combination of tightening…
California is charging ahead with a plan to bill drivers for every mile they travel, and the effort is drawing fierce opposition from Republican lawmakers who see it as a new tax on motorists already squeezed by high fuel costs. Under a Democratic-backed law signed in 2021, the state launched its first pilot program that…
Federal agencies have locked in higher borrowing thresholds for 2026, reflecting prior home-price gains even as affordability remains strained for many homeowners and would-be buyers. The Federal Housing Finance Agency raised the baseline conforming loan limit to $832,750, while the Department of Housing and Urban Development pushed FHA mortgage floors and ceilings upward in tandem….