Money, Wealth & Power—A Daily Look at the Financial World
Alt5 Sigma’s role in Donald Trump’s crypto ambitions is colliding with a more traditional force: the rules that govern public markets. A fresh gap in the company’s regulatory filings has raised new questions about whether the Trump-linked crypto platform is keeping pace with the Securities and Exchange Commission’s expectations for transparency. The emerging pattern around…
California entered the Newsom era with some of the nation’s highest housing costs and deepest poverty, and the gap between what homes cost and what residents earn has only widened. Rents and home prices have continued to outpace wages, while the state’s ambitious promises on affordability and homelessness have collided with local resistance, construction bottlenecks,…
California’s decade of surging tax receipts has allowed Governor Gavin Newsom to expand programs, promise ambitious climate investments, and backstop struggling cities without confronting the full cost of those commitments. That era is now colliding with slower growth, volatile capital gains, and a state budget that has swung from record surplus to deep deficit in…
Congress has moved aggressively to dismantle a signature Biden-era limit on drilling, turning a once-technical regulatory fight into a clear test of how far lawmakers are willing to go to expand fossil fuel production. The latest vote does more than scrap a single rule, it caps a months-long campaign to roll back environmental safeguards across…
Rep. Troy Nehls of Texas is stepping away from Capitol Hill, removing one of President Donald Trump’s most vocal House allies from the next Congress and opening a rare vacancy in a deep-red district. His decision to retire at the end of his current term adds another name to a growing list of Republicans opting…
The long running feud between Ray J and the Kardashian empire has exploded back into court, with the R&B singer accusing Kim Kardashian and Kris Jenner of breaking a multimillion dollar deal tied to their infamous sex tape. At the center of his new lawsuit is a claim that a $6 million settlement was supposed…
California’s housing crisis has intensified under Gov. Gavin Newsom as the state struggles to keep pace with soaring demand, rising rents and deepening homelessness in its largest cities. On 2025-11-29, California officials warned that Trump funding cuts could deepen the homelessness crisis, highlighting a new federal threat to ongoing state efforts and signaling a shift…
Senator Lindsey Graham’s latest vow to take his critics to court is not just a sound bite, it is a window into how legal threats have become a central weapon in the country’s political fights. When a senior lawmaker promises a sweeping lawsuit, the stakes reach beyond one dispute and into questions about free speech,…
The Republican Party is confronting a grinding, structural crisis that reaches far beyond the lurid headlines surrounding Jeffrey Epstein. Internal polling, leadership messaging, and public feuds all point to a movement struggling to connect with voters’ daily realities while managing deep fractures inside its own ranks. The Epstein files may inflame existing tensions, but the…
Congress has moved to shut down most of the hemp-derived THC economy almost overnight, turning what had become a $28 billion experiment in quasi-legal cannabis into a regulatory dead end. By tying a sweeping new cap on intoxicating compounds to a must-pass funding deal, lawmakers effectively erased what industry advocates say is 95% of the…