Money, Wealth & Power—A Daily Look at the Financial World
Across store shelves and online listings, familiar products are quietly changing shape. Features vanish, materials get cheaper and packages shrink, even as prices hold steady or creep up. Behind many of these tweaks is a strategy known as tariff engineering, a way for companies to redesign goods so they fall into lower tax categories while…
President Donald Trump has used a new opinion piece in the Wall Street Journal to claim that his sweeping tariffs did not just protect American industry, but “brought America back” from the brink. In the op-ed, he casts his trade policy as the central reason the United States went from what he calls a “DEAD”…
The economic story of early 2026 is being written as much on social media and campaign stages as in bond markets and grocery aisles. President Donald Trump is promising $2,000 “tariff dividend” checks even as his trade policy raises prices, while Ron DeSantis is warning that a weakening dollar and record silver prices signal deeper…
Canada’s corporate establishment has delivered a rare and very public slap at Canadian Prime Minister Mark Carney, challenging his approach to managing relations with President Donald Trump. At the heart of the clash is how far Canada should go in hedging against U.S. pressure without jeopardizing an economic relationship that still underpins national prosperity. The…
Venezuela is throwing open the gates of its vast oil fields just as President Donald Trump threatens sweeping tariffs on any crude that keeps Cuba’s economy running. The twin moves, one inviting foreign capital and the other warning off suppliers to Havana, are colliding in a way that could redraw energy flows across the Americas….
Canada has quietly assembled a playbook that strikes at the core of President Donald Trump’s political identity, the American auto industry. By tightening tariffs on United States vehicles while cutting fresh deals with Asian manufacturers, Ottawa is turning Trump’s signature protectionism back on itself and testing how far Washington will go to keep its northern…
President Donald Trump’s escalating tariffs were billed as a way to claw back leverage for the United States, but the immediate winners look increasingly like its biggest rivals and frenemies. As Washington leans into protectionism, partners unnerved by sudden duties and threats are racing to lock in new access to Asian markets instead. In practice,…
JPMorgan Chase & Co. and Bank of America Corp are racing to align themselves with President Donald Trump’s signature child wealth initiative, promising to match the US Treasury’s $1,000 deposits into new “Trump Accounts” for their own employees’ families. Their move effectively doubles the seed money for eligible staff, turning a government pilot into a…
Mortgage shoppers thought they were finally catching a break. After years of volatility, borrowing costs had slipped back under 6%, only to lurch higher again just as spring house-hunting season loomed. The trigger was not a surprise move from the Federal Reserve or a sudden burst of inflation, but President Donald Trump’s fresh tariff threats…
Audi spent years edging toward a major bet on American manufacturing, only to see the numbers collapse under the weight of President Donald Trump’s tariff strategy. Internal projections that once justified a new plant turned into red ink as import duties on European cars and parts climbed, adding billions of dollars in expected costs and…