Money, Wealth & Power—A Daily Look at the Financial World
The US dollar has dropped about 10% over the past year, a slide that has delighted President Donald Trump and unsettled many investors and consumers. A weaker currency can look like a quick way to boost exports and stock prices, but for households it quietly reshapes everything from grocery bills to retirement plans. I want…
SpaceX is still a private company, yet it is already trying to script its life as a future blue chip. The rocket and satellite group is working on a massive initial public offering that could value it in the trillions of dollars and is simultaneously pushing to qualify for flagship benchmarks like the S&P 500…
Bitcoin’s latest plunge has erased every price gain it notched after Donald Trump’s re-election, turning what had been a euphoric run into a harsh lesson in how quickly crypto momentum can reverse. The token has not only slipped below the levels it traded at around the 2024 vote, it has also shed a large chunk…
The dollar’s next big move is back in focus after a long run of strength, and investors are looking for clear signals on where it goes from here. Bank of America has been warning clients that the greenback’s trajectory is shifting, and that the easy gains from a strong United States currency may be behind…
The economist who earned the nickname “Dr. Doom” for flagging the 2008 financial crisis long before it hit is now training his sights on digital assets. Nouriel Roubini is warning that a brutal reckoning for cryptocurrencies is no longer a distant risk but an imminent event that could wipe out vast paper wealth and expose…
Warnings about a 2026 market bust are getting louder, and they are not coming from fringe doomsayers. Hedge fund billionaire Paul Tudor Jones is comparing the current backdrop to the late 1990s, arguing that the setup “feels exactly like 1999” and that the next year could be even more “explosive” than the dot‑com peak. The…
The value of the U.S. dollar is sliding at the very moment Washington is signaling it is comfortable with that decline. A currency that has long been treated as a symbol of American strength is now being nudged lower by the very administration that is supposed to protect its credibility. The shift is deliberate, and…
The safest asset in global finance is suddenly at the center of a geopolitical staring contest. With European investors sitting on roughly $8 trillion of U.S. Treasury debt, the threat that those bonds could be dumped in a political dispute is no longer an abstract academic exercise but a live bargaining chip in a widening…
Mortgage borrowers and home shoppers have spent the past two years riding a roller coaster of rate spikes, bidding wars and sudden freezes in activity. Now, J.P. Morgan is sketching out what it sees as the next decisive turn, with a call that mortgage costs will ease while home price growth effectively hits pause. That…
The U.S. labor market that once powered Donald Trump’s economic narrative is now flashing unmistakable warning signs. Job openings have fallen sharply, layoffs are piling up, and hiring has slowed to a crawl, raising the risk that a softening job market could spill into consumer confidence and growth. The latest data suggest not a brief…