Money, Wealth & Power—A Daily Look at the Financial World
Gold has set new records beyond $5,000 per ounce, and a growing chorus of institutional voices and industry executives now argues that the metal’s run is far from over. The case for a $10,000 price target rests not on short-term speculation but on structural forces: constrained mine supply, accelerating central bank purchases, and a breakdown…
Meta, Alphabet, and Amazon are collectively steering more than $200 billion in capital spending toward artificial intelligence infrastructure in 2025, a spending race that dwarfs anything the tech sector has attempted before. Apple, meanwhile, has taken a markedly different path, channeling its resources into research and development headcount rather than massive data center buildouts. The…
President Donald Trump has said openly that he wants housing prices to go up, not down. That position puts him squarely on the side of the roughly two-thirds of American households that already own property, while leaving renters and first-time buyers facing an even steeper climb. The tension between protecting existing homeowners’ wealth and making…
Investor anxiety over the artificial intelligence spending binge has reached its highest point on record, according to Bank of America’s latest Fund Manager Survey. A record share of roughly 35% of fund managers now say corporations are overinvesting in capital expenditures, while about 25% label an “AI bubble” as the single biggest tail risk facing…
Prime Minister Mark Carney announced on February 17, 2026, that Canada will pour hundreds of billions of dollars into defense spending, with a deliberate emphasis on building domestic manufacturing capacity and reducing the country’s deep reliance on American military suppliers. The plan represents one of the most significant defense procurement shifts in Canadian history, aiming…
Tariff-driven currency swings have pushed multinational companies into an aggressive hedging posture, with firms locking in foreign exchange protection years into the future and absorbing steep premium costs to limit losses that have already reached tens of millions of dollars. The shift marks one of the most significant changes in corporate risk management behavior since…
Palantir Technologies has officially relocated its principal executive offices from Denver to Aventura, Florida, joining a growing roster of major firms and billionaire-backed enterprises moving into the Sunshine State. The move, confirmed in the company’s most recent annual filing with the Securities and Exchange Commission, places the data analytics giant in the same South Florida…
State legislatures across the country are locked in an intensifying fight over whether taxing high earners and the ultra-wealthy is the right answer to mounting fiscal pressure. From Washington to New York, proposals targeting millionaires and billionaires are advancing alongside quieter efforts to tax luxury property, creating a patchwork of competing strategies that will shape…
Gold has spent most of 2025 defying skeptics, and at least one forecaster now believes the metal could reach $6,000 an ounce, before the end of 2026. That call sits well above the consensus, but a fresh industry poll suggests the broader professional community is not far behind in its optimism. The gap between the…
American Bitcoin Corp. has rapidly scaled its Bitcoin treasury from roughly 3,418 BTC at the end of September 2025 to more than 5,000 BTC by mid-December, vaulting the Trump-backed miner into the top 20 publicly traded companies ranked by Bitcoin holdings, and setting up a push toward the 6,000 BTC threshold as more corporate treasuries…