Money, Wealth & Power—A Daily Look at the Financial World
The federal government is preparing to part with one of Washington’s most politically charged properties, moving to sell the Old Post Office that once housed Trump International Hotel. The decision could end a decade of controversy over how a 19th century landmark in the heart of the capital became a luxury playground and then a…
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,…
General Motors is giving budget-conscious drivers a narrow window to buy what is arguably the last truly affordable new electric car in America. The revived Chevy Bolt is back with a roughly $30,000 price tag, but GM has already set an end date for production, effectively giving low income buyers about a year and a…
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,…
Real estate agents keep circling back to one surprisingly simple feature when they talk about homes that fly off the market: professional staging. In a market where buyers scroll through dozens of listings in minutes, a staged home can stand out instantly, pull in more showings, and convert interest into offers at a pace that…
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…
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…
If you want a tiny home you can actually click to buy today and move into next month, the fastest options are prefab shells and fully assembled units that ship on wheels. I focus here on specific models and communities that match that promise, using recent reporting on prefab construction, mobile platforms, and Amazon-ready cabins…
Peter Thiel is not the first to warn that young Americans are being locked out of homeownership, but his latest prediction is unusually stark. He argues that the United States is heading toward a real estate shock that will punish Gen Z and the lower middle class while older owners, especially boomers, walk away richer….
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,…