Palantir co-founder Peter Thiel made headlines when he decided to relocate with his family to Buenos Aires earlier this summer, purchasing a mansion in an exclusive neighborhood and meeting with President Javier Milei and senior government officials. This is exactly…
As the Trump administration takes action to reduce its reliance on China, economists warn the cost for Europe and the U.S. to decouple from the country would be astronomical, and in some ways, completely unrealistic. A new EY-Parthenon analysis calculated…
Vice President JD Vance says the Trump administration “absolutely” mishandled the communications surrounding the Jeffrey Epstein files. During a lengthy podcast interview with Joe Rogan released Wednesday, Vance pointed largely to former Attorney General Pam Bondi, who infamously stated that an…
There’s an increasing realization among business and political leaders how vulnerable some of Europe’s critical supply chains have become. The challenge is translating this into action. When we talk to governments and figures in the industry, everyone gets it. No one will dispute…
Ask economists what the most important U.S. asset class is, and they’ll likely tell you bonds. Treasury Secretary Scott Bessent has said the same. Across Wall Street, one of the first orders of an analyst’s day is to check the…
When major disasters strike, Americans are routinely waiting weeks — or even months — to receive presidential approval for aid. And if they live in a state that didn’t support President Donald Trump, chances are greater that aid will be…
The United States is imposing 25% tariffs on imports from Brazil after finding a range of what it deemed unfair trade practices by the world’s 10th-biggest economy. The tariffs, which were first proposed last month, will take effect July 22.…
On July 4, the federal government launched what it described as one of the nation’s most ambitious asset-building initiatives for children in decades. Under this new tax-based savings program, every child born in the United States between January 1, 2026,…
Good morning. Bankers understand money and the consequences for those who don’t have enough of it. The top 0.1% of U.S. households now account for almost six times as much of the country’s wealth as the bottom half, according to…
MacKenzie Scott has spent the past several years rapidly giving away her $35 billion fortune. But due to the power of Amazon shares she received upon her 2019 divorce from Amazon founder Jeff Bezos, the market keeps handing that wealth…