Money, Wealth & Power—A Daily Look at the Financial World
Investors and executives thought electric rentals would print money, turning sleek battery cars into long‑lived assets that barely lost value. Instead, a wave of aggressive bets on Teslas has exposed how fragile that dream was once depreciation, repair costs, and fickle customers hit the balance sheet. The collapse of one Tesla‑only rental firm and the…
Tesla’s latest delivery report confirms what its share price has been hinting at for months: the company’s era of effortless growth in electric vehicles is over, at least for now. Fourth quarter deliveries fell 16 percent to 418,227 vehicles, a sharp reversal after a record summer and a clear sign that demand is cooling in…
The global elite are quietly rewriting the rules of status. Instead of vying for the most visible penthouse or the flashiest address, high‑net‑worth buyers are paying a premium to disappear from view, retreating into gated compounds, private estates and heavily secured enclaves. The new luxury is not being seen but being unreachable. That shift is…
Condo markets across the United States are suffering a deep, synchronized downturn that rivals the worst days of the last housing crash. Prices are stalling, inventory is swelling, and a growing share of owners are discovering that selling means locking in a loss. The slump is most visible in high-rise hubs like Manhattan, San Francisco,…
A luxury penthouse at Four Seasons Hotel and Private Residences Nashville has become a bellwether for how far Music City’s high-end condo market can stretch. Market chatter has focused on whether a trophy residence here could reset downtown pricing records, and the numbers already achieved in the building suggest that possibility is no longer theoretical….
Tesla’s long run as the world’s dominant electric car brand has ended, capped by a second consecutive year of falling sales and a handover of the global crown to Chinese rival BYD. After years of setting the pace for battery-powered vehicles, the company is now confronting slowing demand, tougher competition and shifting policy support that…
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…
Property taxes are about to collide with a broader wave of federal and state tax changes, and the result will hit homeowners directly in their monthly budgets. Between new local levies, shifts in federal deductions and a reset of estate and gift rules, 2026 is shaping up as a year when the fine print on…