Money, Wealth & Power—A Daily Look at the Financial World
Public Storage, the largest self-storage operator in the United States, is moving its corporate headquarters from Glendale, California, to Frisco, Texas. The shift, documented in federal securities filings and Texas state construction records, adds one of the country’s most recognizable real estate investment trusts to the growing roster of major companies that have relocated their…
While speculative assets grab headlines, a quieter class of exchange-traded funds built around dividend-paying stocks continues to compound wealth with little fanfare. These funds screen for companies that have raised their payouts year after year, sometimes for decades, and they reward patient investors with a combination of income and capital appreciation. This article highlights nine…
XRP Ledger daily transaction volumes have climbed sharply toward levels not seen since previous peaks, with activity occurring across dozens of transaction types. Average daily transactions rose 8.9% quarter over quarter during Q3 2025, jumping from 1.6 million to 1.8 million per day. The increase raises questions about whether the network is experiencing durable adoption…
President Donald Trump signed a proclamation establishing a temporary import surcharge under Section 122 of the Trade Act, setting a 10% tariff on imports that takes effect at 12:01 a.m. ET on February 24, 2026, and runs through 12:01 a.m. ET on July 24, 2026. The statutory cap under Section 122 is 15%, leaving room…
The investor group led by developer Michael Shvo has agreed to sell the Transamerica Pyramid, San Francisco’s most recognizable skyscraper, to a Cyprus-based entity backed by German pension fund Bayerische Versorgungskammer, according to Bloomberg reporting on February 24, 2026. The deal caps a rapid investment cycle in which Shvo’s group acquired the 48-story tower and…
The Centers for Medicare and Medicaid Services set the standard monthly Part B premium at $202.90 for 2026, a $17.90 increase over the current year. Because that premium is typically deducted straight from Social Security checks, the hike will eat into much of the $56-per-month raise that the 2.8% cost-of-living adjustment was supposed to deliver….
Middle-class retirees hoping to stretch their savings in the Sunshine State are running into a financial wall. Housing costs in Florida’s most popular retirement corridors are climbing faster than Social Security benefits can keep up, and the demographic profile of new arrivals is shifting toward wealthier households. For anyone planning a budget-conscious move south, the…
Cook County, Illinois, and Harris County, Texas, are driving a disproportionate share of the national rise in bankruptcy filings, putting the Chicago and Houston metro areas under heightened financial strain. A 10.6% year-over-year increase in total personal and business bankruptcy filings across the country, recorded for the 12 months ending September 30, 2025, has hit…
Canada’s first-ever Grocery Code of Conduct took effect on January 1, 2026, after more than three years of industry-led development and consultations. The code aims to bring fairness to dealings between major supermarket chains and their suppliers, but it arrives at a moment when households across North America are bracing for food prices that could…
Retirees who have paid off their mortgages can cover all basic living expenses on Social Security alone in exactly 10 states, according to analyses of federal benefit data and regional cost figures. With the 2.8% cost-of-living adjustment raising the estimated average monthly retirement benefit to $2,071 starting in January 2026, the math works in a…