Money, Wealth & Power—A Daily Look at the Financial World
Electric cars have just crossed a symbolic line in Europe, overtaking pure petrol models in new sales across the European Union for the first time. After years of policy nudges, infrastructure buildout, and falling battery costs, the region’s car buyers have finally tipped the balance toward plug-in power. The shift is not a blip in…
Workers across the United States are acting as if a downturn has already arrived, tightening their budgets, clinging to existing jobs and bracing for layoffs even as official data still points to growth. Their anxiety is not abstract, it is rooted in concrete signals from their employers, their paychecks and their communities that suggest the…
The most aggressive political spenders heading into the 2026 midterms are not parties or candidates, but a new constellation of AI, crypto and Trump-aligned super PACs quietly stockpiling unprecedented sums. Together, they have assembled war chests that run into the hundreds of millions of dollars, positioning themselves to dominate the airwaves and shape which candidates…
The balance of power in the global electric vehicle market has flipped, and nowhere is that more visible than in China. One Chinese champion is accelerating into the lead on the back of surging sales, while the American pioneer that once defined the segment is watching its momentum stall. The result is a sharp divergence…
Toyota has quietly turned a corner in the electric race, seizing the top spot as its country’s favorite EV brand and using that momentum to redraw its target customer map. Rather than chasing early adopters at any cost, the company is now aiming its next wave of battery models at mainstream families, budget-conscious commuters, and…
Across global markets, the cost of basic foods is surging so sharply that experts now describe the situation as a mounting affordability crisis rather than a passing bout of inflation. From vegetables and sugar to grains and meat, the staples that anchor daily diets are being squeezed by extreme weather, fragile supply chains, and geopolitical…
Apple spent years as the rare hardware company that could reliably print cash, turning premium iPhones into some of the fattest margins in consumer tech. The global rush to build artificial intelligence infrastructure is now testing that model, as the same chips and memory Apple depends on are being snapped up by AI players willing…
Electronics shoppers have spent the past year learning a new vocabulary word at the checkout counter: tariffs. Since April 2025, President Trump’s trade policy has filtered directly into the prices of everyday gadgets, from the phone in your pocket to the keyboard on your desk. I set out to trace how much six of the…
President Donald Trump has put India at the center of a new energy realignment, claiming that New Delhi is ready to shift a significant slice of its crude imports to Venezuela. The move, as he describes it, would redirect Indian demand away from both Russia and Iran while tightening Washington’s grip on one of the…
Europe’s leaders are discovering that a weaker US currency is both an opening and a threat. As the euro climbs and the dollar slips, the continent faces a stark question: can it afford the economic and political cost of trying to loosen the greenback’s grip on global finance. The answer hinges on whether modest growth…