Money, Wealth & Power—A Daily Look at the Financial World
US copper futures have punched through to a fresh record, the first new peak since the summer’s tariff-driven spike jolted metals markets and forced manufacturers to rethink their cost assumptions. The latest leg higher reflects a powerful mix of tight supply, resurgent industrial demand and financial momentum that has turned the red metal into a…
The White House is trying to convince voters it is “laser focused” on the cost of living at the very moment its own tariff strategy is being forced into a rethink. After months of escalating trade measures that helped push up prices on everyday goods, President Donald Trump is now pausing some increases and floating…
Wall Street is starting to sketch out a 2026 in which stocks climb sharply even as President Trump’s tariff regime reshapes global trade. The core of the bullish case is simple: a surprisingly resilient U.S. economy, strong profit growth and sector winners that can offset the damage from higher import costs. The tension between those…
President Donald Trump is betting that his sweeping tariff regime will not only reshape the global economy but also define the political battlefield in 2026. He has framed the levies as a generator of “great wealth” for the United States and argued that voters will ultimately judge him and his party on the prices they…
President Trump has promised that new tariffs on foreign goods could fund a “tariff dividend” of $2,000 a year for American households, a kind of rebate check meant to turn trade policy into visible cash. The pitch sounds simple: tax imports, send the proceeds back to families, and claim a win for both toughness abroad…
Federal Reserve Chair Jerome Powell has been clear that U.S. stocks are no longer cheap, and that was before the latest tariff salvos raised the stakes for corporate profits and consumer demand. When monetary policy is already tight and trade policy is turning more restrictive, rich equity valuations start to look less like a sign…
President Donald Trump is again insisting that his sweeping tariffs will not land on American shoppers, casting them instead as a painless way to squeeze foreign governments and fund domestic priorities. Retailers, economists and even some of his own allies are signaling a different reality, warning that the costs are already creeping into grocery aisles,…
Tariffs that President Donald Trump has championed as a tool of economic leverage are now being framed by his critics as a direct tax on consumers, with Democrats estimating that the typical household has already paid roughly $1,200 more since he returned to the White House. The fight is no longer just about trade balances…
Costco’s new lawsuit against the Trump administration’s tariffs is not just a Beltway legal fight, it is a direct test of how much of the trade war bill shoppers will still be paying in 2026. If judges side with the retailer, billions of dollars in duties could be unwound, reshaping what Americans pay for groceries,…
President Donald Trump is trying to turn his sweeping tariff strategy into something far more tangible for households: a promised $2,000 rebate check funded by the duties the United States is now collecting on imports. As the White House touts “trillions of dollars” in tariff revenue and debt reduction, the administration is also quietly revising…