How California Wealth Tax Risk Pushed Billionaire Capital to Miami

Renewed wealth tax proposals in California coincided with a rise in billionaire Miami real estate purchases, as capital shifted toward jurisdictions offering greater long term tax certainty.
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the ledeYour daily roundup of the stories that shape the day.

French Prosecutors Raid X’s Paris Offices in Expanded Cybercrime Investigation

French authorities executed a search of X’s Paris offices as part of a year‑long probe into alleged illegal content dissemination and algorithm management on the platform.

What Kevin Warsh’s Potential Fed Leadership Could Mean for Interest Rates in 2026

Kevin Warsh’s potential appointment to lead the Federal Reserve is reshaping expectations around interest rates, inflation strategy, and monetary policy direction.

Miami Startups Shine at 2026 Florida Venture Capital Conference

Twenty-two Miami-area startups were selected to present at the 2026 Florida Venture Capital Conference in Coral Gables, highlighting the region’s growing role in venture capital and startup funding.

Southwest Florida Continues Home Price Correction as Market Shifts Toward Buyers

The housing market in Southwest Florida is in the midst of an unmistakable correction, with key metro areas recording meaningful price declines even as...

John DeLorean and the Cost of Standing Apart

John DeLorean didn’t fail because he lacked vision. He failed because momentum arrived before containment, and visibility became exposure.

quote of the day

Minimalist black line illustration showing three figures ascending a mountain path toward a summit, accompanied by the Lewis Howes quote “Great men are not born great, they grow great,” on a white background.

How Digna French Exercises Authority In South Florida’s Cross-Border Disputes

Litigation leaders in South Florida, like Digna French, exercise authority through restraint in cross border disputes, balancing incomplete information with long term implications.

the critic

What Wall Street Misunderstood About Wall Street 1987

Often framed as a morality tale, Wall Street is better understood as a study of access, incentives, and institutional behavior rather than individual greed.

There Will Be Blood

“Entrepreneurship here is a narrowing tunnel: every step forward reduces the available exits.”

Netflix Orders Reality Series Following Alix Earle’s Life and Network of Relationships

Netflix’s upcoming unscripted series about Alix Earle highlights how media frameworks shape understanding of influence built through social platforms and public engagement.

The Gospel of the Closed Door

“He built a kingdom out of loneliness, refreshing a page that could never refresh him back.”

The Hard Thing About Hard Things: Leadership in the Eye of the Storm

“Leadership is a series of hard things done imperfectly under relentless pressure, with no guarantee that anyone will notice—except you.”

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The Pivot Shifts in PlayStrategy, Quietly Observed

Builders Develop Proposal for One Million Homes Amid National Affordability Strains

U.S. homebuilders are working on a proposal to develop as many as one million homes to address the affordability crisis, illustrating shifting capital priorities and structural pressures in housing supply.