Money, Wealth & Power—A Daily Look at the Financial World
Electric car drivers who once counted on fuel savings and tax breaks are discovering a new reality: governments are moving quickly to bill them directly for the roads they use. From annual registration surcharges to per‑mile tracking schemes, the financial advantage of going electric is narrowing just as adoption begins to scale. What started as…
The Energy Department’s decision to unwind tens of billions of dollars in Biden-era clean energy financing has jolted investors, developers, and utilities that had banked on federal backing. By moving to scrap or rework roughly $83 billion in green loans and guarantees, the Trump administration is not just tweaking policy, it is rewriting the risk…
Houston’s energy sector is shaking off its recent slump as companies scramble to position themselves for a new wave of crude from Venezuela. Boardrooms, law firms and service yards across the city are suddenly focused on how to move capital, rigs and expertise into one of the world’s most troubled oil provinces without repeating past…
Verizon is already one of the market’s most closely watched income plays, with a dividend yield hovering around 7 percent and a reputation for writing big checks to shareholders. A $20 billion agreement to buy Frontier Communications’ fiber assets now raises a sharper question: can a megadeal built around growth also make those payouts richer…
In Argentina’s deep south, a fast moving wall of flame has turned parts of Patagonia into a blackened mosaic of forest stumps and ash, exposing just how fragile the country’s environmental defenses have become. As Raging fires rip through scrubland and native woods, the scale of the damage is colliding with public anger over years…
The stock market under President Donald Trump’s second term has delivered a paradox: solid gains on paper, yet the weakest first-year performance for a president since George W. Bush. The S&P 500 has risen at a respectable clip, but in a decade defined by roaring bull markets, “respectable” now counts as disappointing. For investors who…
Berkshire Hathaway’s foray into silver is one of those rare moments when Warren Buffett’s famed discipline collided with the messy reality of market timing. The company bought a mountain of metal, made money, and walked away, only to watch prices climb far higher in the years that followed. By retracing that arc, I can put…
Michael Burry has built a career on spotting structural cracks long before they show up in benchmark indices. Right now he is again positioned against the market’s favorite stories, arguing that artificial intelligence euphoria and a fragile global funding machine will matter more than short term price action. If he is early on the exact…
President Trump has floated a dramatic idea: wipe out federal income taxes for individuals and make up the lost money by taxing imports instead. The pitch taps into deep frustration with the tax code and resentment toward foreign competitors, promising a future where paychecks arrive untouched by the Internal Revenue Service. I want to know…
Gold has smashed through the psychological $5,000 mark, igniting a rush of safe haven buying as investors scramble to protect portfolios from political and economic shocks. The move to a record high above $5,071.00 an ounce has turned a long-running bull market into a full-blown stampede, with traders citing everything from Washington turmoil to global…