Money, Wealth & Power—A Daily Look at the Financial World
Jamie Dimon is again sounding alarms about the stock market, warning that a period of brutal turbulence could be ahead for investors who have grown used to rising prices and easy money. His message is blunt: the mix of swelling government debt, sticky inflation, tariff shocks and geopolitical risk is unlike anything he has seen…
U.S. stocks are losing altitude again as investors confront a painful combination of tech-sector weakness and fresh signs that the labor market is cooling. The latest slide has pulled the Nasdaq and S&P 500 off recent highs even as the Dow clings to gains, underscoring how uneven this market has become. I see a tug…
Several Democratic-led states are moving aggressively to raise taxes on their wealthiest residents, betting that high earners will stay put and that new revenue can help close yawning budget gaps and fund ambitious social programs. At the same time, one state that already pulled the trigger on a millionaire levy is reporting a multibillion-dollar windfall,…
Bitcoin’s latest sell-off has ripped through the crypto market, dragging the world’s largest digital asset to its weakest levels in more than a year and rattling traders who had grown used to relentless gains. The slide has collided with a pivotal moment for U.S. monetary policy, as President Donald Trump’s choice to lead the Federal…
Warnings that once sounded like political hyperbole are now coming from the people who run America’s farms and the officials who used to regulate them. A growing chorus of agriculture experts, former U.S. officials and farm advocates say President Donald Trump’s trade, immigration and budget decisions are pushing the sector toward what some describe as…
Billionaire Republican donor Ken Griffin has moved from quiet ally to sharp critic, accusing President Donald Trump’s inner circle of treating public power as a vehicle for private gain. His charge of “self-enrichment” lands at a moment when Trump and his family are building a parallel universe of exclusive clubs and investment vehicles that blur…
Bond traders are rushing to position for a sharper gap between short and long term interest rates as the prospect of a Kevin Warsh led Federal Reserve collides with a sudden jump in Treasury yields. A powerful move in longer dated debt, triggered by stronger manufacturing data and a leadership shakeup at the central bank,…
Ripple is betting that a full‑stack corporate treasury suite can do for its ecosystem what payments corridors alone have not yet achieved, and it is putting $1 billion behind that wager. With Ripple Treasury now live and XRP bulls still fixated on a potential move toward $5, the project is entering a phase where enterprise…
Private employers barely expanded their payrolls at the start of 2026, adding only 22,000 jobs in January according to the latest ADP National Employment Report. For an economy that had grown used to steady, six-figure monthly gains earlier in the recovery, that figure marks a sharp downshift and raises fresh questions about the durability of…
Rare earth miners and processors are suddenly back in favor after President Donald Trump pulled the trigger on a $12 billion federal stockpile of critical minerals. The announcement has ignited a sharp rally in names tied to the sector, reversing a brutal sell-off just days earlier and reframing how investors think about Washington’s role in…