Money, Wealth & Power—A Daily Look at the Financial World
Retirement savings, housing, banking, prices and cash: the changes that touch your household money.
As the financial landscape evolves, credit card companies are adapting to new consumer preferences and technological advancements. From contactless payments to sustainability-focused cards, these trends are reshaping how consumers interact with their credit cards. Here are eight key trends that have gained traction recently, reflecting shifts in consumer behavior and technological integration. 1. Contactless Payments…
On July 25, 2025, Dave Ramsey, Founder and CEO of Ramsey Solutions, sharply criticized a guest caller who questioned the value of investing if they might not live long enough to enjoy the wealth. Ramsey emphasized the importance of building financial security regardless of lifespan, underscoring proactive financial strategies for long-term stability. He reiterated on…
Investing in Exchange-Traded Funds (ETFs) offers a strategic approach to building a diversified portfolio with long-term growth potential. With a variety of options available, selecting the right ETFs to hold forever can be a rewarding endeavor. Here, we explore five ETF categories that have been highlighted for their potential to deliver enduring value. 1. ASX…
Americans collectively carried $1.13 trillion in credit card debt as of the third quarter of 2023, marking the highest level in more than a decade and surpassing the previous peak from 2008. This surge, reported by the Federal Reserve, reflects broader economic pressures, including inflation and rising interest rates, that have pushed average APRs to…
NVIDIA CEO Jensen Huang has made a bold prediction that OpenAI will become the next trillion-dollar company. His comments come amid ongoing discussions in the AI market, where he described OpenAI as the first ‘multitrillion-dollar hyperscale company.’ Huang remains unfazed by warnings of an AI bubble and dismisses concerns from figures like Sam Altman about…
Billionaire investor Ray Dalio is urging investors to increase their gold holdings in response to current economic conditions, which he likens to the early 1970s. Dalio suggests that today’s environment necessitates a significant shift in investment strategies, advocating for a larger allocation of gold in portfolios. This recommendation comes amid his broader call for substantial…
Remote work has become a staple in modern business, but not all remote teams thrive. Toxic dynamics can severely impact productivity and employee well-being. Recognizing the warning signs of a toxic remote team is crucial for maintaining a healthy work environment. Here are ten key indicators to watch for, based on authoritative reports and studies….
On October 6, 2025, a significant strategic partnership was formed between a major Middle East oil giant and a nuclear power ally, reshaping regional power dynamics and energy geopolitics. According to MarketWatch, this alliance is expected to heighten market volatility, influencing oil prices and nuclear energy investments. This move highlights the oil producer’s strategic shift…
Tesla has introduced more affordable versions of its Model Y and Model 3, aiming to broaden the accessibility of its electric vehicles amid increasing competition in the EV market. The new Model Y is priced at just under $40,000, a move intended to attract a wider customer base. However, this pricing strategy has not been…
Inflation is often seen as a broad economic issue, but its effects on the ultra-wealthy can be surprisingly nuanced. While many assume that those with significant financial resources are insulated from economic fluctuations, recent reports highlight unexpected ways inflation impacts their wealth. From tax policy shifts to investment strategy adjustments, the ultra-wealthy face unique challenges…
How the week's news hits your wallet
One Washington money change, translated every weekday — what it means for your wallet.