Money, Wealth & Power—A Daily Look at the Financial World
President Donald Trump has put Canada on notice with a new 50% tariff on covered dairy imports. The action is not a vague negotiating threat: the White House set an August 19 effective date, and it arrives in a dispute that Washington says Canada has allowed to drag on long after USMCA was supposed to…
Medicare is considering a payment change that could make a routine one-visit appointment less attractive for a doctor to handle all at once. The proposal would cut payment for the lower-priced service when a physician performs both a separately identifiable office visit and a procedure with a global period on the same day. It is…
Nine states came in under the federal accuracy threshold for food assistance last fiscal year. The other 41 did not, and that arithmetic is about to stop being a bookkeeping curiosity and start being a line in state budgets. A law signed in 2025 converted the payment error rate from a performance statistic into a…
Amazon told investors that it has received roughly $600 million in refunded tariff duties, money the federal government collected under an emergency-powers program the Supreme Court struck down in February. Only part of that sum is heading back to the shoppers who absorbed the higher prices at checkout. The company says it will automatically reimburse…
Estate sales are treasure troves of unique items often overlooked by casual shoppers. With a keen eye, you can discover valuable pieces that might just enhance your collection or even turn a profit. Here are seven such items you should keep an eye out for at your next estate sale adventure. 1) Vintage Jewelry Often…
In a world where real estate prices continue to soar, finding undervalued neighborhoods can be a challenge. However, some areas across the United States still offer excellent investment opportunities. This listicle highlights ten neighborhoods where real estate remains affordable, providing a blend of potential growth and unique community vibes. 1. Brooklyn, New York: Sunset Park…
Importers owed tariff refunds by the U.S. government are now being offered upfront cash buyouts worth 60 percent or more of their pending claims, feeding a secondary market that has grown to an estimated $100 billion as federal processing delays stretch on. The offers come from investors betting they can collect the full refund later,…
Defense contractor KBR plans to eliminate 758 jobs at Fort Irwin, a sprawling Army training installation in California’s Mojave Desert, according to a Worker Adjustment and Retraining Notification filed with the state. The cuts represent one of the larger single-site layoffs in San Bernardino County in recent memory and raise pointed questions about the stability…
Ford CEO Jim Farley told a podcast audience that his company has thousands of open mechanic and technician positions paying as much as $120,000 a year, yet cannot fill them because the training pipeline produces far fewer skilled workers than the industry loses. The disclosure puts a sharp number on a problem that stretches well…
The U.S. Treasury Department granted India a 30-day window to take delivery of Russian crude oil already loaded on tankers, a move that eased pressure on global oil prices by signaling flexibility in Washington’s sanctions enforcement. The Office of Foreign Assets Control issued General License 133 on March 5, 2026, authorizing the sale and offloading…