Money, Wealth & Power—A Daily Look at the Financial World
Retirement savings, housing, banking, prices and cash: the changes that touch your household money.
Warren Buffett has made headlines with his largest acquisition in three years, a $9.7 billion investment that underscores his strategic foresight. This bold move centers on a Texas-based company, marking a significant pivot towards assets that promise resilience amid economic uncertainties. As Buffett looks ahead to 2026, his approach to identifying enduring dividend payers emerges…
Beyond Meat’s stock experienced a meteoric rise, reminiscent of the GameStop frenzy, with a 70% surge on October 20, 2025. This explosive ascent continued, climbing over 100% in just 24 hours, drawing comparisons to past meme stock frenzies like AMC. However, after reaching a staggering 1,000% gain by October 22, 2025, and rallying up 454%…
Apple has begun shipping its first American-made AI servers from a new Houston plant directly into the company’s data centers, marking a significant step in domestic production of advanced computing hardware. This development coincides with the opening of a massive Texas factory poised to generate thousands of jobs in the region. Production at the facility…
Françoise Bettencourt Meyers has ascended to the position of the world’s richest woman, boasting a net worth of $99.5 billion as of October 2023. This remarkable achievement is largely attributed to the appreciation of her 33% stake in L’Oréal, the French cosmetics giant founded by her grandfather Eugène Schueller in 1909. She inherited this substantial…
The United States is grappling with a staggering national debt that has surged to $38 trillion by late 2024. This alarming figure has prompted the Government Accountability Office (GAO) to issue a dire warning about the unsustainable fiscal practices that are now a hallmark of the nation’s financial management. With interest costs now surpassing defense…
Dave Ramsey, the founder of Ramsey Solutions, is a prominent figure in personal finance, known for his advocacy of a debt-free lifestyle through his “7 Baby Steps.” While his approach has garnered a large following, it may not suit everyone. Critics argue that Ramsey’s methods, such as the debt snowball, may not be the most…
Gold prices have experienced a significant drop, plunging over 4% in a single day to fall below $2,300 per ounce for the first time since July 2024. This decline, driven by a surging US dollar and strong economic data, has left investors questioning gold’s role as a safe-haven asset. The sell-off erased gains from earlier…
In today’s fast-paced world, it’s easy to overlook the small daily habits that can quietly drain your bank account. Many of these habits seem harmless but can add up to significant expenses over time. By identifying and addressing these habits, you can take control of your finances and save over $200 every month. Let’s explore…
When it comes to purchasing a new vehicle, Japanese cars often come to mind due to their reputation for reliability and efficiency. However, not all models live up to these expectations. Recent analyses have identified specific Japanese cars that potential buyers might want to avoid due to various concerns such as reliability, performance, and cost-effectiveness….
Dining out can be a delightful experience, but it often comes with hidden costs that quietly drain your wallet. Just like seemingly low-cost hobbies, restaurant visits can accumulate expenses in unexpected ways. By understanding these subtle traps, you can enjoy your meals without overspending. Here are ten common restaurant strategies that can lead to higher…
How the week's news hits your wallet
One Washington money change, translated every weekday — what it means for your wallet.