Money, Wealth & Power—A Daily Look at the Financial World
The Trump administration’s new “common sense” food pyramid puts meat and other animal proteins at the top of the plate, recasting decades of federal nutrition advice around a protein-first message. The shift promises bigger portions of steak and eggs, but it also raises immediate questions about what that means for grocery bills, health risks and…
Across the world, billionaire fortunes are hitting fresh records just as everyday paychecks are stretched by higher rents, pricier groceries and rising debt. The result is a widening gap between those whose wealth compounds quietly in the background and those whose wages barely keep up with the checkout total. I want to unpack how that…
The artificial intelligence trade has already mints its first generation of winners, but the next leg of upside is likely to come from stocks that still trade at reasonable valuations. I see a handful of chipmakers, platform giants and contrarian software names that could power the next bull run in AI while still looking cheap…
When President Trump ran for a second term, he put a simple, dramatic pledge at the center of his economic pitch: he said he would cut household energy bills by 50% within his first year back in office. Twelve months on, the numbers on electricity, natural gas and home heating tell a very different story….
President Trump’s return to the Oval Office has coincided with a sharp acceleration in federal borrowing, with a fiscal watchdog estimating that the national debt jumped by roughly $2.25 trillion in his first year back in power. That surge, layered on top of earlier policy choices like his signature tax law, is reshaping the long…
Billionaire hedge fund managers are quietly rotating out of one of Wall Street’s most beloved growth stories and into a niche BlackRock vehicle tied to Bitcoin. The shift pits the steady, cash‑gushing power of Amazon against a speculative bet that a single exchange‑traded fund could ultimately climb as much as 13,500%, according to some of…
The latest Wall Street rout has fused geopolitics and markets in a way that is hard to ignore. The Dow has slumped more than 850 points while the dollar has weakened, as investors try to price the fallout from President Trump’s escalating Greenland tariff threats and a deepening rift with Europe over trade. What began…
Across the United States, drivers pulling up to the green pump are finding that diesel often costs more than regular gasoline, even in regions with the highest gas prices. On the other side of the Atlantic, many European motorists still pay less for diesel than for petrol, despite their reputation for steep fuel taxes. The…
President Donald Trump’s latest tariff threats have turned a long‑running dispute over Greenland into a direct shock for European markets, hitting everything from car stocks to corporate borrowing costs. Investors are suddenly having to reprice the risk that a political standoff could morph into a full‑blown trade war between the United States and key European…
Asia-Pacific equities started the week on the back foot as traders tried to price a rare mix of geopolitical brinkmanship and slowing economic momentum. Benchmarks across Asia and the Pacific slipped while investors weighed escalating tensions around Greenland and braced for a fresh batch of China data that could confirm a loss of speed in…