Money, Wealth & Power—A Daily Look at the Financial World
Warren Buffett has quietly turned Berkshire Hathaway into one of the biggest cash machines in corporate history, and the pile is now so large that it is forcing a strategic choice. The surge in liquidity is not just a quirk of accounting, it is a signal that the next phase for Berkshire will look different…
Larry Ellison’s decision to part with a $45 million mansion on San Francisco’s Gold Coast fits a familiar pattern for one of tech’s most prolific real estate collectors, even if the specific sale is unverified based on available sources. What is clear is that Ellison has long treated property as a parallel arena to his…
For many households, the sticker shock of a $500,000 listing is only the beginning of the problem. The real barrier is a less visible income threshold that lenders quietly enforce, a line that can keep otherwise solid earners locked out of midrange homes. I want to unpack how that hidden line is drawn, why it…
Nvidia’s latest outlook, projecting an eye catching $65 billion in quarterly sales, has turned a long running debate about an “AI bubble” into a more urgent question about how far and how fast this new computing cycle can run. The forecast is not just a beat on expectations, it is a signal that demand for…
Palantir co-founder Peter Thiel has quietly executed one of the most dramatic portfolio pivots of the current artificial intelligence boom, unloading high‑profile stakes in Nvidia and Tesla to concentrate capital in a single software giant whose stock has surged an astonishing 483,000% since its market debut. The shift, carried out through his hedge fund Thiel…
BYD has just logged its slowest annual sales growth in half a decade, yet the company is still on track to overtake Tesla in global electric‑vehicle sales. That combination of cooling momentum and rising dominance captures the new reality of the EV race, where scale, pricing power, and geographic reach matter as much as raw…
The Trump administration’s decision to end a long term lease for three public golf courses in Washington has abruptly upended a high profile experiment in nonprofit management of public land. Instead of a gradual handoff or negotiated transition, the move has thrown local golfers, city officials, and the nonprofit operator into a scramble over who…
In a corner of the Deep South that national investors often skip, Curtis “50 Cent” Jackson has quietly assembled one of the most aggressive celebrity real estate plays in the country. Instead of chasing luxury towers in coastal hubs, he is buying vacant lots, historic facades and tired civic buildings in a mid‑sized Louisiana city…
The housing market has been stuck in a stalemate, with would-be buyers sidelined by high borrowing costs and owners reluctant to give up ultra-cheap loans. A growing body of data now points to a specific mortgage rate level that could break that gridlock, expanding the pool of qualified borrowers and coaxing more sellers off the…
California’s housing market is entering 2026 with a familiar and uncomfortable pattern: prices are climbing faster than new homes can be built, and the gap between what people earn and what a roof costs keeps widening. The state is seeing signs of renewed sales activity, but the underlying shortage of homes and the surge in…