Money, Wealth & Power—A Daily Look at the Financial World
Southern housing markets that overheated during the pandemic are now facing a sharp reversal, with several cities projected to see outright price declines rather than a gentle cooldown. I focus here on seven specific markets where forecasts and recent sales data point to the real possibility of a crash in the next 12 months, rather…
President Donald Trump’s signature savings program for children is moving from concept to scale at remarkable speed, with Treasury Secretary Scott Bessent signaling that the real action is only just beginning. As Trump’s branded investment accounts surge past the 500,000 mark, Bessent is sketching out a future in which tens of millions of families, employers,…
The Trump family’s growing footprint in digital assets now includes a public mining company that has quietly become one of the larger corporate holders of bitcoin. American Bitcoin, backed by Donald Trump Jr. and Eric Trump, has built a treasury of nearly 5,900 BTC as it leans into a strategy of aggressive accumulation. That hoard,…
The first production Corvette ZR1X has exploded out of the gate in the most American way possible, with a charity auction hammer price of $2.6 Million that instantly places it among the most valuable modern Chevrolets ever sold. The one-of-one Stars & Steel edition did more than set a benchmark for the new ZR1X halo…
President Donald Trump has moved to recast the housing market as a battleground between Wall Street landlords and aspiring homeowners, positioning himself as a defender of the American Dream against deep-pocketed investors. By sharply limiting how large financial firms can buy single-family houses, he is promising more starter homes for families and, in the process,…
Home prices in 2026 will not move on a single trigger, but on a collision of forces that could either cool an overheated market or crush values in pockets of the country. Charles Payne has been warning that the same pressures that locked out a generation of buyers could, if they reverse too quickly, slam…
As affluent buyers look beyond traditional ZIP codes, a new class of sleeper suburbs is quietly turning into America’s next wealth hotspots. I focus here on five communities where income data, Census research and rapid housing development all point to outsized upside for homeowners and long-term investors. 1) Fulshear, Texas Fulshear, Texas is the clearest…
President Donald Trump has spent years promising to get rid of the federal Department of Education. Now he is going further, openly musing about selling off the agency’s buildings for private development and urging that “somebody else get rich” from the real estate. The comments strip away any pretense that his campaign against the department…
The housing crash that detonated into the Great Recession is often blamed on a vague mix of greed, bad loans, and unlucky timing. The real trigger was more specific and more structural: a deliberate decision to turn ordinary mortgages into complex securities, then flood the world with them while regulators looked away. Once that machine…
President Donald J. Trump has moved to sharply curtail Wall Street’s role in the nation’s housing market, signing an executive order that targets large investors buying up single family homes. Framed as a defense of the American Dream, the order seeks to stop big financial firms from competing directly with families for starter houses and…