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elevation capital

Rainy Christmas Brings Relief and Risks to Southern California

December 26, 2025

Southern California saw a mix of relief and trouble during Christmas. Heavy rain finally eased up, but the ground is still soaked. This means flooding and mudslides could still happen, especially in areas burned by recent fires. The mayor of Los Angeles declared a state of emergency. A flood watch

politics

Big Changes Coming to the White House: What's the Deal with the New Ballroom?

December 26, 2025

The White House is set to share more about a massive new ballroom in the East Wing. This project, backed by President Donald Trump, has sparked quite a debate. Critics argue it's a waste of money and power, while supporters see it as a modern upgrade. The ballroom, estimated to cost $400 million, i

finance

Business Cards Compared: Amex Platinum vs. Capital One Venture X

December 26, 2025

Choosing the right business credit card can be tricky. Two top contenders are the Amex Business Platinum and the Capital One Venture X Business. Both offer great perks, but they cater to different needs. The Amex Business Platinum has a high annual fee of $895. It's packed with benefits like airpor

finance

Private Equity's Clever Trick to Beat the Slump

December 25, 2025

Private equity firms are in a pickle. They usually buy companies, fix them up, and sell them for a profit. But lately, it's been tough to find buyers. Interest rates have shot up, making it expensive to borrow money for deals. So, what's their clever trick? They're selling companies to themselves!

finance

Passing on Wealth: What Rich Families Often Get Wrong

December 25, 2025

A massive shift of wealth is coming. Over the next 25 years, a staggering $74 trillion is expected to change hands between generations. For the world's billionaires, this transfer is happening even faster. By 2040, they are predicted to pass down $5. 9 trillion to their heirs. This unprecedented mov

finance

Smart Stock Picks for the Holidays: Experts Share Their Top Choices

December 25, 2025

Investing in stocks can be a thoughtful gift, and several finance experts have shared their top picks for the holiday season. Nvidia is one of the top choices, with a predicted return of 38% by 2025. Louis Navellier, a Wall Street veteran, believes that Nvidia is a safe bet due to its monopoly statu

politics

Mogadishu Steps Toward Direct Democracy

December 25, 2025

Somalia's capital, Mogadishu, is making a big move. It's holding municipal elections. This is a first step towards something huge: direct national elections. The last time Somalia had direct national elections was way back in 1969. That's over 50 years ago! Since then, things have been different. A

crypto

Money's New Look: Tokens Take Over

December 25, 2025

Money isn't just paper or coins anymore. Thanks to blockchain tech, it's evolving. Kraken's Mark Greenberg shared this idea on CNBC. He believes money now includes things like Bitcoin, Tesla stocks, and even gold, all turned into digital tokens. This shift isn't small. Almost $415 billion in real-w

business

Farmers Face Tough Times: How to Check Your Money Health

December 25, 2025

Farmers in the Midwest are having a rough time. Money is tight, and profits are low. To help, the University of Illinois Extension is teaching farmers how to check their financial health. They use something called a balance sheet. This sheet shows what the farm owns and what it owes. Lenders look a

weather

Vermont's Chilly Christmas: A Light Dusting of Snow Expected

December 24, 2025

Vermont is in for a chilly Christmas this year. The National Weather Service in Burlington has forecasted a chance of light snow on Christmas morning, especially in the northern parts of the state. This snowfall is expected to follow a cold front, which will bring even colder temperatures on Friday,