Money, Wealth & Power—A Daily Look at the Financial World
The long running feud between Ray J and the Kardashian empire has exploded back into court, with the R&B singer accusing Kim Kardashian and Kris Jenner of breaking a multimillion dollar deal tied to their infamous sex tape. At the center of his new lawsuit is a claim that a $6 million settlement was supposed…
Mark Cuban has built a reputation as a blunt, self-made billionaire who loves to talk about the hustles that shaped him, but even by his standards, one recent story stands out. Long before “Shark Tank” and the Dallas Mavericks, he says he engineered a dorm-room “Ponzi” that helped cover his junior year of college and…
Allegations that Meghan Markle walked away from a fashion shoot with a $1,700 dress she did not pay for have revived long running questions about how the duchess navigated the blurred lines between celebrity, commerce, and royal protocol. The claim, resurfacing years after the shoot itself, now sits alongside a wider pattern of contested stories…
Bill Gates’ daughter Phoebe has described growing up in a household where she and her siblings were discouraged from using their father’s name in public until they were well into their teens, a deliberate effort to blunt the impact of one of the most recognizable identities in tech. Her account offers a rare, ground-level look…
Ukraine’s latest long-range strike on a Russian refinery has done more than torch steel and concrete. It has crystallized how a campaign once dismissed as symbolic is now biting into Moscow’s export machine and wiping tens of billions of dollars off projected oil revenues. The estimated 37 billion dollar hit to fuel exports is not…
Target’s latest round of white-collar layoffs is not just a story about one retailer trimming costs. It is a window into how large employers now treat corporate staff as a flexible expense line, even after years of record profits and aggressive hiring. What looks like a one-off restructuring at a big-box chain instead reflects a…
President Donald Trump has escalated his hard line on immigration with a sweeping promise to “permanently pause” migration from what he calls “Third World Countries,” turning a long-running political fight into an existential test of how the United States defines its borders and its values. His vow, delivered in the wake of a deadly shooting…
Across corporate America, job cuts are increasingly framed as a side effect of “efficiency” rather than distress, even as many large companies report healthy margins and steady demand. The pattern is especially visible in Fortune 500 boardrooms, where leaders are quietly trimming headcount while pouring money into automation, data tools and AI that promise to…
Karoline Leavitt has built her political brand on discipline and message control, so her decision to publicly acknowledge a “very challenging” personal setback marks a revealing turn in how she presents power, family and vulnerability. As President Donald Trump’s White House press secretary, she is navigating a moment when her private life and professional role…
Large technology employers are openly tying restructuring plans to artificial intelligence, and headlines about thousands of roles disappearing can make it sound as if anyone who fails to “become an AI expert” is next in line. The specific claim that a single global IT giant cut 11,000 people solely because they could not reskill for…