Money, Wealth & Power—A Daily Look at the Financial World
China’s semiconductor sector has turned its domestic stock market into a launchpad for ambitious chip designers and manufacturers, with investors piling into offerings that promise to advance the country’s technological self‑reliance. After back‑to‑back listing surges in Shanghai, Chinese chipmakers are racing to lock in capital, valuations, and political momentum before market sentiment or geopolitics shift….
Nike’s latest earnings sparked a sharp sell-off that rattled even long-time bulls, but Jim Cramer is leaning into the weakness instead of backing away. He is arguing that the post-report plunge has created a rare entry point in a global brand that is still early in a turnaround, and that investors willing to look past…
Home values are still climbing even as the housing market cools, a split that is reshaping what it means to be a buyer or seller in late 2025. Sales of existing properties ticked up slightly last month, but compared with a year earlier activity remains subdued while prices keep setting records. The result is a…
Insurers routinely charge higher auto premiums to people who are single, divorced or separated, even when they drive the same car with the same record as a married neighbor. For drivers already juggling rent, child support or rebuilding a household after a breakup, that relationship surcharge can feel like a penalty for their personal life….
Renting instead of buying is one of the fastest ways I can cut big, recurring costs without sacrificing access to the things I need. From housing to cars to occasional-use gear, the numbers often favor short-term use over long-term ownership, especially once maintenance, storage, and depreciation are factored in. Here are 10 things I should…
Artificial intelligence is no longer a niche bet on the edge of the tech sector, it is the organizing principle for a market that is racing from roughly $25 trillion in enterprise value toward a projected $29 trillion by the end of the year. Capital is chasing not just headline-grabbing models but the full stack…
Homeowners are pulling listings at the fastest clip in years, turning what looked like a straightforward buyer’s market into a more complicated standoff. Delistings have jumped 28 percent, and sellers are yanking homes from the market at a pace not seen in nearly a decade as they refuse to cave to lower offers. Instead of…
Amy Schumer has finally parted ways with her storied Brooklyn Heights townhouse, accepting an $11 million offer that came in well below what she originally paid. The sale locks in a roughly $1.25 million loss on the property, a rare outcome in one of New York City’s most coveted brownstone neighborhoods. For a celebrity who…
Across the country, homeowners are discovering that the tax bill arriving in the mailbox can feel as punishing as the mortgage itself. Property values have climbed far faster than incomes, and the result is a wave of anger that is reshaping state budgets, local politics, and even national tax debates. What began as scattered complaints…
For many buyers, a $500,000 home sits right on the line between aspiration and reality, especially in markets where prices have sprinted ahead of paychecks. The real question is not whether that price tag looks intimidating, but exactly how much income it takes to carry the monthly payments without stretching your budget to a breaking…