Money, Wealth & Power—A Daily Look at the Financial World
President Donald Trump is brushing off the latest bout of market turbulence, casting the sell-off as trivial and insisting that U.S. stocks are on the verge of doubling in value. His optimism lands at a moment when major indexes are already near records and investors are trying to parse whether politics or fundamentals will set…
Housing affordability is finally starting to budge in the right direction, but the arithmetic behind that shift is unforgiving. To get back to a world where typical families can buy typical homes, someone on the other side of the ledger has to give up something real, whether it is price gains, profit margins, or policy…
Tesla heads into 2026 as one of the market’s most polarizing stocks, with its valuation now tied as much to software and autonomy hopes as to electric vehicle sales. Wall Street’s latest calls sketch a path that is far from the explosive rallies of earlier years, but still leaves room for sharp moves in either…
Investors who rode the 2025 surge in U.S. stocks have a familiar name to thank for some of the boldest calls behind that move. Analyst Tom Lee, who urged clients to stay long even as markets flirted with bear territory, is now arguing that the next leg of leadership will come from energy names rather…
A brutal Arctic blast has turned the normally sleepy midwinter gas market into one of the most volatile corners of global energy. Benchmark contracts that spent much of last year languishing are suddenly sprinting higher as heating demand collides with tight supply and fragile infrastructure. The spike looks dramatic on its own, but the deeper…
Southwest is ripping up one of the last quirks of U.S. air travel, and the fallout will land hardest on the travelers who built its brand: people chasing the cheapest possible seat. The carrier is scrapping its free‑for‑all boarding ritual in favor of Assigned Seating, carving cabins into new paid tiers and shrinking standard legroom…
Austin’s skyline is no longer defined only by music venues and mid-rise offices. It now hides a growing cluster of fortunes that place the city firmly on the global wealth map, with tech titans, investors and energy heirs all staking out a piece of Central Texas. Inside that billionaire boom is a story about how…
A new push from the Democratic left is aiming not just to trim immigration enforcement, but to sharply restrict the Department of Homeland Security’s power to lock people up. At the center is Rep. Delia Ramirez of Illinois, who is preparing legislation that would severely limit when DHS can detain immigrants and redirect money away…
When a carmaker valued at roughly $148 million shuts its doors without warning, the shock does not land on investors first. It hits the 900 people who suddenly discover their wages are frozen, their benefits in limbo, and their workplace gone. The overnight collapse of Bollinger Motors turned a high‑flying electric vehicle bet into a…
Silicon Valley has poured billions into apps, wearables, and AI tools that promise to fix a broken healthcare system, yet the foundations under that revolution are quietly cracking. Cyberattacks, exhausted clinicians, and burned-out engineers are exposing how fragile the digital infrastructure of care really is. The result is a silent crisis that threatens to wreck…