ECONOMY & MAIN STREET • SMALL BUSINESS
Bank of America just dropped its 2026 study of Americans with $3 million or more in investable assets. Buried in it: 23% of business owners inherited their company. Four years ago that share was 5%. If you built a business from nothing, you know what those numbers mean. The great wealth transfer isn’t coming — it’s here. And for the first time in the modern record, more of these companies change hands through a will than through a check.
Four years ago, one in twenty of these owners inherited the shop… today it’s nearly one in four.
Source: 2026 Bank of America Private Bank Study of Wealthy Americans
Google is burning diesel to run AI. Really.
Here’s a detail from the AI boom nobody wants printed.
In parts of America, the data centers training the world’s most advanced AI are being kept online by diesel generators.
Diesel. In 2026.
Running the most sophisticated machines ever built.
Not because anyone wants to.
Because the grid physically ran out.
Utility wait times have stretched past five years.
Morgan Stanley projects a 49-gigawatt shortfall by 2028.
That’s 49 power plants that don’t exist yet.
Solar quits at sunset. Wind quits when it quits. Nuclear takes a decade.
And these companies signed binding zero-carbon pledges, so natural gas is off the table.
They need clean power, around the clock, now.
One energy source delivers exactly that.
And one company controls it.
Google already signed a 15-year contract.
