2026-01-29 18:00:29
The stocks of rare earth companies soared Monday following news that the Trump administration had taken a 10% stake in Oklahoma mining and magnet company USA Rare Earth Inc. Such is the visible benefit enjoyed by the growing number of firms that count Uncle Sam as a shareholder. Yet recent events surrounding perhaps what is the most well-known state-picked champion, Intel Corp., exposed a major unseen cost of the federal government’s unprecedented intervention in private business: the distortion
2026-01-29 17:30:27
Elon Musk, ever attuned to the political zeitgeist, has updated Tesla Inc.’s mission to “amazing abundance.” It is the kind of hyperbole beloved of investors in the company he runs. Before the amazing variety arrives, however, another type of abundance was announced on Wednesday evening’s earnings call: Tesla’s investment budget will more than double.
2026-01-29 15:00:14
Eighty feet below the streets of Manhattan there’s a New York Fed vault containing some $220 billion of German gold. Perhaps it’s time Germany sold some of it.
2026-01-29 14:00:27
As a former supreme allied commander of the North Atlantic Treaty Organization, I never contemplated the idea of the US leaving the world’s most vital security alliance. But the crisis over Greenland’s sovereignty of the last two weeks has me thinking seriously about what NATO would look like without its most important member.
2026-01-29 12:30:30
The remains of the final Israeli hostage Hamas abducted to Gaza during the group’s savage Oct. 7, 2023, attack on kibbutzim have now returned home. The event marks a turning point for the US-led peace process and an opportunity for the fresh start that will be needed to make it work.
2026-01-29 12:05:41
The Federal Reserve really doesn’t need the curse of interesting times.
