Wealthy Families Face Advisor Shortage as Competition for Trusted Talent Intensifies

Ultra-high-net-worth families around the globe are finding it increasingly difficult to secure skilled professionals capable of managing their complex financial affairs. As the number of family offices—private wealth-management firms dedicated to a single affluent household—continues its rapid ascent, a critical talent gap has emerged. Despite soaring demand for bespoke investment advice, succession planning and risk…

US’s DOGE Claims $160 Billion in Federal Cuts, But Itemized Evidence Supports Just $32 Billion

Late April’s update on the Department of Government Efficiency (Doge) website showed a running tally of roughly $160 billion in anticipated savings since its launch in January—an average of over $10 billion apiece week under Elon Musk’s stewardship. Yet a detailed review of the numbers suggests that fewer than 40 percent of those cuts are…

China Exports Skyrocket Amid Trade War: Frontloading Shipments and Its Ripple Effects

China’s export performance in March has taken the global stage by storm as businesses rush to frontload shipments in anticipation of further U.S. tariff hikes. With exports rising by 12.4% in U.S. dollar terms year-on-year, the significant jump has far exceeded expectations and marked the largest surge since October of the previous year. Companies across…

Fintech Firms Rattle as Tariffs Trigger Market Shockwaves

The latest round of sweeping global tariffs, introduced under the Trump administration, has sent a chill through financial markets — with fintech companies feeling the impact most sharply. In a sector already exposed to consumer behavior and market volatility, the announcement triggered a swift and painful selloff. Leading names such as Affirm, Robinhood, and SoFi…

Recession Concerns Mount As U.S. Economy Faces Tariff-Induced Turbulence

U.S. economic forecasts are signaling growing concerns as the likelihood of a recession in 2025 climbs to between 35% and 40%, up sharply from earlier estimates of 15% to 30%. Experts attribute this increased risk primarily to the new wave of tariff policies, which have restructured key components of the economy and are stirring market…

China Unveils $41 Billion Consumption Boost Plan Amid Deflation Worries

In a decisive bid to counter persistent deflation and reignite domestic demand, Beijing has doubled its consumer trade-in subsidy program to 300 billion yuan—nearly $41.5 billion—targeting purchases of mid-range smartphones and home appliances. The move comes as inflation dips below zero and policymakers signal that a more aggressive push to stimulate consumption is underway. The…

China Imposes Retaliatory Tariffs On Canadian Exports Amid Escalating Trade Tensions

In a dramatic escalation of global trade disputes, China has announced a new round of retaliatory tariffs on several Canadian agricultural products. The decision, which includes a 100% tariff on Canadian rapeseed oil, oil cakes, and peas, as well as a 25% levy on aquatic products and pork, comes as Beijing seeks to counter tariffs…