Money, Wealth & Power—A Daily Look at the Financial World
America’s once red-hot labor market is cooling fast. Job openings have fallen to levels not seen in years, hiring has slowed, and the balance of power between workers and employers is shifting back toward the middle. The headline numbers still look solid at a glance, but beneath the surface the engine of job creation is…
The United States has quietly secured a pipeline of Venezuelan crude worth up to $2 billion, locking in new barrels at a moment when Washington is trying to steer both global prices and Venezuela’s political transition. The arrangement gives US refiners access to heavy oil they know how to process, while tightening Washington’s grip on…
President Trump’s new wave of tariffs is no longer an abstract policy fight, it is already reshaping prices, investment decisions and financial markets in ways that point to slower growth ahead. Early data on trade flows, corporate balance sheets and Wall Street’s reaction shows an economy starting to bend under the weight of higher import…
Financial commentator Peter Schiff is again warning that President Donald Trump’s mix of tariffs, debt-fueled spending and geopolitical brinkmanship is not just risky policy, but a potential trigger for a crisis in the dollar and the Treasury market. In his view, the United States is piling leverage on top of an already fragile global system,…
President Donald Trump is betting that U.S. oil producers will pour billions of dollars into Venezuela, tying his energy agenda to the revival of one of the world’s most troubled petro-states. He is pitching the prospect of huge new crude flows and a windfall of barrels for American refineries as a way to ease domestic…
The U.S. cattle business just absorbed a brutal one‑two punch: a sudden tariff reversal that stripped roughly $100 of value from every finished steer at the very moment the national herd has fallen to a 64-Year low. Prices that had looked like a rare bright spot for ranchers collapsed in a matter of days, even…
Billionaire Nvidia CEO Jensen Huang has done something unusual in Silicon Valley politics: he has publicly signaled that he is comfortable paying more tax in California at the very moment the state is targeting its richest residents. While other tech moguls warn that a new levy on extreme wealth will hollow out the innovation hub,…
Federal Reserve officials rarely float specific numbers for future policy moves, so any hint that more than 100 basis points of rate cuts might be appropriate in a single year lands with real force in markets. When a governor like Miran signals that scale of easing is justified, I read it as a challenge to…
Tariff revenue from President Donald Trump’s trade war is shrinking just as investors are starting to believe the worst macroeconomic damage may be behind them. Markets that once sold off on every escalation are now rallying on signs that the policy’s bite is fading faster than its bark. The shift says as much about Wall…
Artificial intelligence is already reshaping how work gets done, but the most credible evidence suggests it is not about to wipe out whole professions overnight. Instead of a sudden jobs apocalypse, the data points to a slower, messier transition in which tasks are reconfigured, skills are reprioritized and people who learn to work with AI,…