Money, Wealth & Power—A Daily Look at the Financial World
Hiring has quietly become the weak link in an otherwise solid labor market. Growth in payrolls is still positive, but new openings are concentrated in a few sectors while competition intensifies almost everywhere else. In this kind of “hiring recession,” job seekers who rely on old playbooks are finding that applications vanish into a void,…
Market chatter about a 2026 crash is getting louder, but the most effective response is not a prediction, it is a single, deliberate move: build a portfolio that can live through both a selloff and another leg higher. Instead of waiting for panic to dictate your choices, you can decide now how much risk you…
Paying 1% a year on a $1.7 million portfolio is a six‑figure decision over a typical retirement, so it deserves more scrutiny than a quick gut check. The headline question is not just whether 1% is “normal,” but whether that price matches the actual planning, tax work and behavioral coaching you receive. I want to…
The Federal Trade Commission’s record settlement with Amazon is finally turning into real money for customers, with a multibillion dollar payout pool tied to how the company handled Prime sign-ups and cancellations. The core question for millions of shoppers is simple: who actually qualifies for a slice of the $2.5 billion deal and what steps…
Retailers are racing to reassure shoppers that they are on the right side of the price tag just as product sizes quietly shrink and household budgets strain. A new fair‑pricing code, backed by government pressure and consumer anger, is meant to curb the most opaque tactics, yet the practice of selling less for the same…
Amazon’s $2.5 billion Prime settlement with the FTC has moved into a crucial second phase, and millions of customers are now being asked to file claims if they want a share of the remaining money. The process is straightforward once you know where to look, but the mix of automatic refunds, emailed notices, and scam…
Nearly half of adults in the United States now go an entire year without finishing a single book, even as the country’s wealthiest people treat reading as a non‑negotiable daily ritual. The gap is not just cultural, it is strategic, separating those who use books as a compounding advantage from those who rely on fragmented…
Bankruptcy law does not set a single nationwide “maximum income” that cuts you off from relief. Instead, it asks a more practical question: after you pay for basic living costs and required bills, how much money is really left to pay creditors. I want to walk through how that works in practice, because the answer…
Amazon is preparing to send out a wave of refunds tied to a $2.5 billion settlement over how it signed people up for Prime and kept them paying. The deal with federal regulators is structured so that millions of customers could see money land in their bank accounts or Amazon balances without lifting a finger,…
Georgia has its newest multimillionaire, and the numbers are staggering even by lottery standards. A single ticket has turned a routine grocery run into a $983 million Mega Millions windfall, the largest lottery prize ever awarded in the state and one of the biggest in U.S. history. The win caps a feverish jackpot run and…