Money, Wealth & Power—A Daily Look at the Financial World
South Korea’s flagship pledge to channel $350 billion into strategic sectors in the United States is now expected to start later than planned, with the finance minister signaling that the first wave of projects is unlikely to launch in the first half of the year. The delay complicates a signature economic initiative meant to ease…
Federal officers poured into Los Angeles’ Fashion District this week, turning one of the city’s busiest commercial corridors into the latest flashpoint in the national immigration fight. What unfolded in a maze of wholesale showrooms and sidewalk vendors was not only a high profile enforcement action, but also a stress test of how far the…
Canada has jolted North American trade politics by sharply cutting tariffs on Chinese-made electric vehicles, even as President Donald Trump keeps the United States on a hard line against Beijing. The move opens the door for Chinese brands to gain a real foothold in Canada’s EV market and potentially creep closer to American drivers through…
Global markets spent the past few years obsessing over “de-dollarization,” yet capital flows are telling a very different story. Even as political drama swirls around President Donald Trump, investors are leaning back into U.S. stocks, bonds, and the dollar itself, treating Washington noise as a sideshow rather than a structural threat. The result is a…
When Jensen Huang stepped in front of Stanford students earlier this year, he did not offer the usual victory lap speech that elite graduates often hear. Instead, the Nvidia co-founder warned that their sky-high expectations could be a liability, arguing that real success is more likely to come from pain, disappointment and a willingness to…
President Donald Trump moved quickly into the debt of two of Hollywood’s biggest players, buying corporate bonds from Netflix and Warner Bros. Discovery just after their $83 billion megadeal was unveiled. The purchases, worth at least $1 million and potentially closer to $2 million, dropped the sitting president directly into the capital structure of companies…
Walmart is entering one of the most consequential leadership transitions in its history, aligning a new slate of division chiefs just as a long-serving global chief executive prepares to exit. The company is not only installing a new head for its vast U.S. business but also refreshing the teams that run Walmart International and Sam’s…
Financial markets are treating the race to lead the Federal Reserve as a live trading event, not a distant political process. As Former Fed Governor Kevin Warsh pulls ahead as the favorite to become the next Fed Chair, gold and silver are retreating from record territory while bond yields climb, signaling a rapid rethink of…
SanDisk has become the rare legacy chip name that suddenly looks like a hyper‑growth story, and Wall Street is scrambling to catch up. After a blistering run in its solid-state drive franchise, Goldman Sachs has pushed its price target to $320, framing the company as a prime beneficiary of a structural shift toward SSD-heavy computing…
Global politics is running hot, from Iranian threats and Venezuelan strikes to a bizarre sovereignty spat over Greenland, yet equity benchmarks keep grinding higher. Markets are not blind to the turmoil, but they are ruthlessly selective about which shocks matter, prioritizing interest rates, earnings and liquidity over even dramatic headlines. I see the current calm…