Money, Wealth & Power—A Daily Look at the Financial World
Retirement savings, housing, banking, prices and cash: the changes that touch your household money.
Starting in 2026, significant changes to federal student loan policies under the Trump administration will reshape borrowing, repayment, and forgiveness options for millions of Americans. These changes include revisions to the 2026-2027 FAFSA and new rules outlined in the ‘One Big Beautiful Bill’. The legislative actions aim to overhaul student loan forgiveness, Pell Grants, and…
Living frugally doesn’t have to mean living without. By adopting habits that prioritize efficiency and enjoyment, you can save money without feeling deprived. A 2023 Consumer Reports survey found that 68% of participants saved at least $2,000 annually through simple changes like cooking at home and using the library. Financial expert Ramit Sethi highlights that…
In 2025, the job market is evolving rapidly, with automation and technology reshaping many industries. However, not everyone is drawn to tech-centric careers. For those seeking fulfilling and lucrative work outside the tech sphere, there are numerous opportunities. Reports from Australia highlight concerns that the current education system may not be preparing children for future…
Apple shares are currently under the spotlight as investors and analysts debate whether they can surpass the $300 mark by the end of the year. This optimism follows a significant surge in Apple’s stock on August 8, 2025, driven by investor confidence in the company’s ongoing product innovations. As the tech sector experiences dynamic shifts,…
The U.S. federal government has invested $1.75 billion into a semiconductor manufacturing project that has culminated in what is now referred to as a “ghost factory.” This substantial financial commitment was intended to boost domestic chip production but instead highlights significant shortcomings in the nation’s strategy to achieve semiconductor independence. As of November 9, 2025,…
Millions of Facebook users are poised to receive a portion of a $725 million settlement, a result of a class-action lawsuit addressing privacy violations. Payments are set to begin this month for those impacted by Facebook’s data-sharing practices during 2018 and 2019. However, a significant stipulation in the settlement may limit the extent of benefits…
President Donald Trump’s newly announced spending bill is set to introduce significant economic pressures that could impact Berkshire Hathaway’s stock performance. This legislation, aimed at boosting federal expenditures in key sectors, is expected to inflate national deficits and alter market dynamics. Investors are closely monitoring how these fiscal changes might affect the conglomerate’s performance amid…
Tesla’s trajectory towards 2026 is poised to redefine the electric vehicle landscape, with the much-anticipated Model Q at the forefront of this transformation. According to Deutsche Bank’s bold prediction, the Model Q is set to captivate investors by introducing an affordable electric vehicle that could significantly expand Tesla’s market share. This aligns with broader expectations…
Target executives have recently acknowledged a staggering $40 billion sales loss, attributing this financial downturn to the ongoing ‘culture war’. This admission highlights the significant impact of sociopolitical dynamics on business performance. Meanwhile, Target employees express their frustration, claiming they are bearing the brunt of these cultural conflicts, which have trickled down to affect their…
The ongoing U.S. government shutdown is casting a shadow over the holiday travel season, with American Airlines’ CEO highlighting its negative impact on bookings. The CEO’s recent comments underscore the growing traveler reluctance to deal with potential travel disruptions. This sentiment is echoed by a trade group that has reported a broader industry-wide decline in…
How the week's news hits your wallet
One Washington money change, translated every weekday — what it means for your wallet.