Money, Wealth & Power—A Daily Look at the Financial World
The fight over President Donald Trump’s tariffs has moved from cargo terminals to the marble steps of the Supreme Court, and the stakes for the freight economy could hardly be higher. A pending ruling on whether those tariffs were lawfully imposed now threatens to reorder who pays for global shipping, who gets money back, and…
Google’s handling of teenagers’ online autonomy is under fresh scrutiny after parents discovered that the company emails children as they approach 13, explaining how to remove parental supervision from their accounts. The messages arrive at the exact age when many platforms open the door to full profiles, and critics say the timing and tone risk…
Tesla investors just got a fresh reminder that their fortunes are tied not only to electric cars but also to Elon Musk’s sprawling empire. Reports that Musk’s SpaceX is interviewing Wall Street banks for a potential listing sent Tesla stock lower, even as the rocket company’s private valuation and expected fundraising look spectacular on paper….
Building a five‑figure monthly income stream from dividends is no longer just the domain of retirees with pensions and patience. One dividend investor now collecting $10,000 a month has paired classic income discipline with an AI‑driven research process, and he is open about the eight stocks he leans on most. I examined his approach, the…
President Donald Trump is presenting Iran’s protest crackdown as a crisis that has suddenly eased, claiming Tehran has halted executions and stopped killing demonstrators just as Washington steps back from immediate military action. His assurances arrive while activists describe a death toll in the thousands and Iran remains largely cut off from the outside world,…
More than a million Verizon customers across the United States suddenly lost mobile service when a massive network failure rippled through one of the country’s largest wireless carriers. Voice calls, texts, and data connections dropped out in major cities and smaller communities alike, leaving phones stuck in “SOS” mode and exposing how fragile everyday connectivity…
The United States has moved to pause immigrant visa processing for a large group of countries, a sweeping step that instantly reshapes who can start a new life in America through family or employment sponsorship. The State Department says the halt is tied to concerns about future reliance on public assistance and national security vetting,…
Walmart is betting that the future of shopping will be driven by generative AI that understands not just what customers ask for, but what they are actually trying to get done. Its head of AI has started to spell out why the retailer believes its deep partnership with Google’s Gemini models gives it an edge…
The federal government has frozen a vast swath of COVID-era aid in Minnesota, triggering what officials describe as the largest mass suspension of Small Business Administration borrowers in U.S. history. Nearly 7,000 people tied to pandemic relief programs are now locked out of future SBA support as investigators dig into an alleged $400 million fraud…
Saks Global’s plunge into Chapter 11 has exposed a sprawling web of unpaid bills that stretches from Paris couture houses to Silicon Valley software vendors. The bankruptcy of the parent of Saks Fifth Avenue and Neiman Marcus is not just a story about a storied retailer in trouble, it is a stress test for how…